Lloyd’s, the world’s leading insurance and reinsurance market, today announced its results for the first six months of 2025 with gross written premium increasing to £32.5bn (HY 2024: £30.6bn) and a combined ratio of 92.5% (HY 2024: 83.7%). The market remains on track to deliver the Full Year Results previously guided.
Policybazaar for Business, the B2B arm of Policybazaar.com, today announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE. With this step, it becomes one of the first India-based intermediaries to take a technology-driven reinsurance model to international markets, addressing efficiency and capacity gaps in some of Asia and the Middle East’s most dynamic insurance ecosystems.
Aon plc (NYSE: AON), a leading global professional services firm, released insights from its inaugural 2025 Insurer Wellbeing Benchmarking Report offering a comprehensive analysis of the health and wellbeing services provided by insurers across mainland China. The report highlights both the breadth of services available and the critical gaps that remain in delivering measurable health outcomes and employee satisfaction.
Health Compass, a leading InsurTech platform in the international private medical insurance (IPMI) market, announces the full integration of an AI Agent within its distribution platform. This breakthrough technology will directly advise, guide and support clients in identifying the IPMI coverage that best suits their needs – in any language.
In this iPMI Global breaking news article, we look at the new strategic collaboration between WTW, a prominent global advisory and solutions company, and Klarity, a UK-based health data analytics firm. Their joint effort focuses on revolutionizing life insurance underwriting accuracy by integrating wearable technology and health data into the assessment process. This initiative aims to provide more personalized and precise risk evaluations for individuals, moving beyond traditional metrics to incorporate real-time health insights like heart rate and sleep patterns, leading to fairer pricing and enhanced customer engagement within the insurance industry. The collaboration also highlights WTW's broader offerings in people, risk, and capital solutions across various industries globally.
AIA Hong Kong has once again led the industry with the most market No.1 in the first quarter of 2025, according to the Provisional Statistics of the Insurance Authority on Hong Kong Long-Term Insurance Business*.
Mr Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, said, "The continued achievements would not have been possible without our team's daily commitment to putting our customers first. We are also deeply grateful to our customers for their long-standing trust and support.
Men in the UAE are more likely to take immediate action over a broken laptop, a social media hack, or a car warning light than seek support for ongoing low mood or mental health concerns, according to new research from AXA Global Healthcare.
The study, which explores how men approach preventative health, paints a concerning picture of low urgency around mental wellbeing. While 89% of UAE men said they would act within a week if they lost their bank card, just 56% would seek advice in the same timeframe if they experienced persistent low mood or a lack of motivation - known as early indicators of a deeper mental health issue.
Global growth is decelerating as US tariff policy reduces trade and heightens uncertainty. Consumers and firms have likely already begun cutting spending and investments in response to the uncertainty, which may not be fully visible in the economic data yet. According to Swiss Re Institute's World Insurance sigma, global GDP growth (inflation adjusted) is expected to slow to 2.3% in 2025 and 2.4% in 2026 from 2.8% in 2024. The global insurance industry is expected to follow the trend with total premiums expected to slow to 2% this year from 5.2% in 2024, picking up marginally to 2.3% in 2026.
International Citizens Insurance (ICI), has announced its updated list of 2025's best global health insurance companies for expats, global citizens, remote workers, and immigrants. This list helps simplify the overwhelming array of international health insurance choices for the growing wave of individuals and families moving to new countries.
According to the latest rankings and analyses updated by Insuramore (see www.insuramore.com/rankings/brokers), the value of the worldwide market for insurance broking in terms of fees and commissions earned was around USD 180 billion in 2024, up from around USD 166.5 billion in 2023 on a constant currency basis, equivalent to a growth rate of around 8.1% without adjusting for inflation, but closer to 2.6% as an inflation-adjusted measure. Without adjusting for inflation, the top 15 broking groups together achieved an even higher aggregate growth rate of 10.7% albeit this was driven in part by M&A activity. Among these, Alliant and Howden were the groups that expanded their broking revenues most rapidly.
iPMI Global is the leading business intelligence provider for international private medical, health, travel and expatriate insurance markets worldwide. Due to the nomadic nature of the international private medical insurance (IPMI) market, iPMI Global is an internet based news service for worldwide insurance and medical assistance professionals who need to understand the impacts of insurance and healthcare policy, regulatory, and legislative developments.
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