News
Embed Financial bets on microinsurance beyond Singapore's wealthy
3+ hour, 55+ min ago (394+ words) Most consumers don’t need big insurance policies, said EFGH's CEO David Ng. Singapore's insurance industry is paying increasing attention to affluent customers, but Embed Financial Group Holdings Pte Ltd. (EFGH) is betting that its next growth opportunity lies in selling…...
Vietnam hits 95.2% health insurance coverage
1+ week, 2+ day ago (205+ words) The rate beat the five year target by 0.16 percentage points. Vietnam's national health insurance scheme covered 95.2% of the population by the end of 2025, meeting its five-year target ahead of schedule, according to Vietnam Social Security. The agency announced on 4 February…...
Companies rethink health cover as claim costs climb
1+ mon, 2+ week ago (518+ words) MOH rider changes tighten coverage and lift co-payment exposure from April 2026. Rising private medical claims and tighter policy rules are forcing insurers and employers in Singapore to redesign health benefits as medical inflation accelerates and workers face higher out-of-pocket costs....
Singapore companies rethink health cover as claim costs climb
1+ mon, 2+ week ago (513+ words) MOH rider changes tighten coverage and lift co-payment exposure from April 2026. Rising private medical claims and tighter policy rules are forcing insurers and employers in Singapore to redesign health benefits as medical inflation accelerates and workers face higher out-of-pocket costs....
Mental health claims threaten insurers and employers by 2030
1+ mon, 3+ week ago (399+ words) Zurich studied six markets, including Australia, Malaysia and the UK. Mental health conditions are becoming a growing risk for insurers and employers, with rising claims, productivity losses and gaps in workforce participation expected to increase pressure on protection systems by…...
Indian women shift to long-term risks as insurance cover rises
2+ mon, 2+ day ago (20+ words) Women in India are shifting their financial concerns from immediate money pressures to longer-term risks as insurance coverage increases....
Asia-Pacific insurance may reach $10t by 2034
2+ mon, 1+ week ago (326+ words) The sector is forecast to grow at a 15.6% annual rate through 2034. Asia-Pacific’s insurance market is likely to bag $3.04t this year, driven by a rising middle-class population and disposable incomes. The market is likely to register a compound annual growth rate…...
Hong Kong insurer complaints rise for fourth straight year
2+ mon, 1+ week ago (353+ words) The Insurance Authority has flagged gaps in incentives, disclosure, and oversight. Hong Kong insurers are facing rising pressure over the handling of claims and sales conduct as complaints increased for a fourth straight year in 2025, driven mainly by disputes over…...
Taiwan’s insurance premiums rise 8% as claims outpace non-life growth in 2025
3+ mon, 9+ hour ago (218+ words) Taiwan’s insurance sector total premium income reached $93.1b (NT$2.91t) in 2025, up 7.35% year-on-year (YoY). Non-life insurance premiums grew 5.67% YoY to $9.2b (NT$286.8b). Motor insurance remained the largest segment, generating $4.5b (NT$139.4b), followed by accident insurance at $2.9b (NT$89.5b). Claims in the non-life segment rose 8.10% YoY…...
1 in 5 of Australians regret no insurance as premiums rise 4.41%
3+ mon, 2+ week ago (321+ words) Average policyholders already pay about $164.2 monthly for coverage. About one in five Australians regret not taking out private health insurance earlier, according to new research by Finder. A survey of 1,011 respondents found that 19% of Australians, equivalent to around 4.1 million people,…...