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2 clusters · 8 sources · 10 days · First seen · Last updated

Asian insurance sector market trends

Overview

Insurance sectors across several Asian nations reported varying performance trends during the first half of 2026.

In Cambodia and Sri Lanka, the industry saw notable growth. Cambodia’s total gross premiums rose 6.9% year-on-year to $90.56 million in the second quarter, with life insurance and general insurance seeing increases of 5.7% and 8.5% respectively. Sri Lanka experienced a 25% surge in total premiums during the first quarter, reaching $350 million, driven by demand for life, health, and motor insurance.

In Indonesia, the first half of 2026 showed mixed results. Life insurance premiums increased by 8.2% to Rp 94.75 trillion, with industry leaders focusing on digital expansion. Conversely, the general insurance sector saw a slight contraction of 0.5%, as total premiums reached Rp 58.19 trillion. While marine cargo premiums grew, the credit insurance sector faced difficulties due to a claim ratio surge to 99.6%. Additionally, industry associations in Indonesia have noted a significant protection gap regarding assets in disaster-prone areas.

Entities

Asosiasi Asuransi Jiwa Indonesia · Cambodia · Insurance Regulator of Cambodia · Budi Herawan · Otoritas Jasa Keuangan

Timeline

  1. 7 days ago

    [BUSINESS] 3 sources
    Indonesian insurance industry shows mixed H1 2026 performance

    Indonesia's life insurance premiums grew 8.2% to Rp 94.75 trillion in H1 2026, while general insurance saw a slight contraction despite growth in marine cargo and concerns over rising credit insurance claims.

  2. 16 days ago

    [BUSINESS] 5 sources
    Insurance sectors in Cambodia and Sri Lanka report growth

    Insurance markets in Cambodia and Sri Lanka show strong growth in 2026, with Cambodia's gross premiums rising 6.9% in Q2 and Sri Lanka's premiums jumping 25% in Q1.

Sources

ekbis.sindonews.com · healthcareasiamagazine.com · insuranceasia.com · insuranceasianews.com · keuangan.kontan.co.id · lankanewspapers.com · mediaasuransinews.co.id · toray.co.jp