Insurance Asia

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IAIS warns AI and geopolitics raise insurer risk
IAIS warns AI and geopolitics raise insurer risk
But the overall conditions for the sector in 2026 were described as stable.
Deloitte pegs global insurance protection gap at $183b
Deloitte pegs global insurance protection gap at $183b
Deloitte says tariffs and trade disruption affect auto and home claims and adding pressure to premiums.
Gen AI in insurance to skyrocket 29% through 2030
Gen AI in insurance to skyrocket 29% through 2030
Early adopters are seeing 20% to 40% reduction in the cost of onboarding customers.
APAC insurance gap above 80% leaves weather exposure
APAC insurance gap above 80% leaves weather exposure
But cyber incidents remain the top risk for APAC businesses, the report showed.
What will drive Canara HSBC Life grow 20% in premiums by 2028?
What will drive Canara HSBC Life grow 20% in premiums by 2028?
India’s recent GST exemptions and a narrowing protection gap support this growth.
Compliance screening strains insurers amidst 81% manual fixes
Compliance screening strains insurers amidst 81% manual fixes
Survey shows mixed or manual processes remain common making automation a top priority.
Prudential lines up Flint as Vadera exits in 2026
Prudential lines up Flint as Vadera exits in 2026
The move follows Shriti Vadera’s planned retirement after six years of service.
Sun Life taps Frankie Leung as Asia chief agency officer
Sun Life taps Frankie Leung as Asia chief agency officer
He held senior agency distribution posts at AIA and led digital strategies across the region.
Aon lifts capacity to $2.5b as AI drives complexity
Aon lifts capacity to $2.5b as AI drives complexity
The facility spans construction, all risks, delay in start-up and operational damage coverage.
Taiwan FSC rewrites life insurer forex reporting rules
Taiwan FSC rewrites life insurer forex reporting rules
Unamortised balance stays on the balance sheet, hitting income only at sale.

Exclusives

Insurance Hong Kong regulator guts insurance referral fees with 50% benchmark
Unlicensed third-party referrers previously captured up to 95% of commissions through hidden rebate structures.
Insurance Capital rules force Indian insurers to curb aggressive discounting
Aggressive discounting for short-term market share becomes harder to justify.
Insurance Zurich Indonesia speeds up claims after Bali floods
Faster settlement boosts confidence in insurance as a practical financial tool.
Insurance Zurich, YAS use AI to link taxi insurance to driving behaviour
Drivers with higher scores will unlock broader coverage and more benefits.
Insurance Wealth and retirement products lift Singapore insurers’ premiums
The Top 50 Insurance 2024 rankings show recovery from the 2023 downturn.
Insurance Taboos, low confidence stall legacy planning across Asia
Two-thirds of Asians fear their wealth will not outlast their children’s generation.
Ciputra Life eyes more clients beyond group network
Rising health benefit demand is driving deeper ties with firms and banks. 

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