Insurance Asia

It combines energy, marine liability and environmental protection for carbon capture projects.

Alfred Sham will take on the role of Chief Strategy Officer, Asia.

Standalone net income nearly doubled to $0.2b in the first quarter of 2026.

AM Best said a major unexpected event would be needed to materially hit sector funds.

Asia Pacific is still amongst most active construction region.

The transaction is expected to close in the third quarter of 2026.

MassMutual will retain control with an 82% holding after the transaction.

Neo joins SRAL from 1 June after more than 2 decades in insurance.

The deal carries an initial cash consideration of $389m payable at completion.

The Singapore hire expands insurance advisory amidst IFRS 17 and M&A-driven demand.

This will be rolled out through its Guardant Health partnership.

Insurers also report promising financial results.

It is improving efficiency and should not erode personalisation and face-to-face interactions.

It covers lost checked-in baggage, trip cancellations, and even home burglary.