Insurance Asia

Reinsurers have largely maintained underwriting discipline, an agency said.

Claims cover losses across eight regions, with rice taking the largest share.

The rollout includes legal review, contract review, and data verification.

Before AI Underwriter, it could take days for a preliminary review, the insurer said.

The term life insurance plan offers coverage terms up to age 100.

It offers near real-time data updates on insurance investments to clients.

Financial terms of the proposed transaction were not disclosed

Its risk-adjusted capitalisation is expected to remain at the strongest level over the medium term.

Bottomline is supported by its underwriting results and investment income.

Fair-value accounting and stress-based capital requirements are reshaping asset-liability management, reinsurance use, and capital deployment across the sector.

Back-office functions face the greatest automation exposure, but insurers risk customer trust if AI deployment weakens oversight in claims and underwriting.

Insurer-funded benefits reached about $20.1b in the year to June 2026.

He will oversee captive and insurance management operations across the region from Singapore.

Supportive investment income is expected to help returns stay at or above the cost of capital.