Insurance
MS&AD buys 18% stake in Barings
MS&AD buys 18% stake in Barings
MassMutual will retain control with an 82% holding after the transaction.
Swiss Re appoints Daniel Neo to Asia board
Neo joins SRAL from 1 June after more than 2 decades in insurance.
Prudential buys 75% stake in Bharti Life
The deal carries an initial cash consideration of $389m payable at completion.
Legacy systems weigh on Singapore insurers despite AI ambitions
Ninety-six per cent cited resistance to change as a barrier to new ways of working.
Manulife Singapore to offer multi-cancer blood test starting May
This will be rolled out through its Guardant Health partnership.
How can insurers turn AI spending into meaningful returns?
Many use AI in isolated parts of the business, limiting its financial impact.
This week in insurance: Igloo CEO on AI to raise profits; more insurance perks and plans for HNWIs
Insurers also report promising financial results.
AI will reshape insurance but cannot replace empathy: CEOs
It is improving efficiency and should not erode personalisation and face-to-face interactions.
Policybazaar rolls out annual insurance for India domestic travel
It covers lost checked-in baggage, trip cancellations, and even home burglary.
Sun Life's Philippine HQ switches to 100% geothermal power
The facility already has rainwater harvesting and double-glazed windows, amongst others.
SBI General urges active planning as medical bills climb
SBI General Insurance offers cashless hospitalisation, amongst others.
Indian women shift to long-term risks as insurance cover rises
Women with four or more policies focused more on outbreaks and large disruptions.
AXA China launches instant-issue health plan with 3-question policy sign-up
It has no deductibles for covered services within the coverage area, AXA said.
Activ Yuva ties insurance to young Indians’ lifestyle
Coverage and rewards now shift with daily activity sleep and nutrition tracking.
Japan P&C market to hit $80b as cyber surges 17%
Automobile insurance held 50.38% of the market in 2025.
Nearly half of APAC insurers rank reporting as top compliance challenge
Only 5% of respondents rated regional compliance capabilities as weak.
Navi adds 4 partners, expands cashless motor claims network to 1,600
ReadyAssist will provide 24/7 roadside assistance to over 19,000 pin codes.