Insurance
Wong Sze Keed builds people‑first culture at AIA
Wong Sze Keed builds people‑first culture at AIA
‘Leadership must be anchored in clarity, courage and humanity.’
This week in insurance: New partnerships roll out, hiring outlook steady, and tech spending ramps up
Etiqa Insurance Singapore and AIA Singapore have also partnered for takaful solutions.
Insurers redesign policies for fire risks
Lithium-ion threats expose valuation gaps in homes.
AI risks rise as 43% of firms lack formal frameworks: Gallagher Re
Gallagher Re found just 44% had completed structured impact reviews.
APAC businesses at risk as fraud attack rate rises to 1.7%
There is a 59% rise in automated attack tools mimicking human behaviour.
MSIG Asia backs Ancileo to embed travel cover in bookings
The deal includes an equity stake and a regional tie-up focused on tailored digital protection products
Bupa Global taps Massey to drive Asia expansion
The new executive brings over 20 years of IPMI experience.
Insurance CEOs boost AI with 67% eyeing returns in 3 years
Around 73% ranked machine intelligence amongst their main spending priorities.
Singlife recruits former MAS director for board oversight
The veteran leader previously managed foreign bank supervision.
Liberty Specialty Markets invades Asia fine art insurance sector
Regional lead Edrick Tang targets complex placements for bullion and collectible cars to drive 2026 growth.
Singapore’s domestic general insurance rises 8.4% in 2025
Despite the growth in revenue, net incurred claims for the domestic market also increased.
How Ping An Health grew as AI cut consultation costs 45%
The decline was recorded in the fourth quarter of 2025 as automation deepened.
Manulife shifts AI leadership to Hong Kong with new hire
The insurer has already rolled out 91 generative AI use cases across its operations.
HDI Global says Australia drove growth in tough APAC market
It plans further expansion across New Zealand and broader Asia Pacific in 2026.
Allianz Malaysia adds 25% cover to push policy sales
Shield Plus users aged 40 and below qualify for the enhanced principal sum insured.
Singapore health premiums jump 14.8% in February
The increase reflects a long-term repricing cycle rather than seasonal demand.
Insurers face 13.8% IT surge as legacy systems drag
Property and casualty carriers are also projected to post a 12.9% rise this year.
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1. Insurance build cycle of 6 to 12 months cut by agentic AI 2. Capital regime pressure hits Korean insurers' margins amidst rising claims 3. HDI warns Victoria Peak defences may fail under extreme weather 4. Prudential’s new business profit climbs to $686m in Q1 5. AIA posts 13% rise in new business value in Q1 2026Resource Center
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CEO Phlaphongphanich said the industry is measuring the wrong things.
