Insurance
Hong Kong pushes insurers to back low-altitude economy
Hong Kong pushes insurers to back low-altitude economy
Operators of small unmanned aircraft must carry third-party liability cover of $1.3m to $2.6m.
Zurich to acquire ClearView for $293m
Shareholders are set to receive $0.46 in cash per share.
Asia-Pacific insurers face $200b legacy tech burden
Outdated tech and entrenched processes continue to hamper operations.
Allianz General expands financial cover for SME and foreign worker policyholders
SMEs facing forced closures of over 48 hours can get up to MYR20,000 ($5,100).
QBE Insurance expected to hit $2b net income in 2026: S&P
Exit from non-core lines will benefit the group, and capital will remain strong.
QBE names Carles Tondo as Asia head of property
Tondo was head of property and technical lines from another insurer.
How could capital relief boost Hong Kong insurers’ returns?
The rules are feeding demand for staff with digital and regulatory skills.
Swiss Re Corporate Solutions to acquire QBE credit unit
The portfolio is projected to deliver about $200m in yearly income across ANZ, UK.
Sun Life profit climbs as Asia sales jump 49%
Individual insurance revenue in the region totalled $894m across Hong Kong, India, and Indonesia.
Zurich APAC gross premiums reach $7.5b in 2025
It handled billions in payouts whilst maintaining a 94.3% underwriting metric across P&C.
Sompo expands Guidewire deal as cloud migration begins
This targets unified underwriting claims and billing workflows across country entities.
This week in insurance: Aon names Risk Capital CEO, SB Finance launches job-loss cover, Beazley takeover talks extended
Regulators in Singapore and Thailand have also made moves this week.
Dai-ichi Life lifts profit view to $3.3b
Net investment income is projected to jump 24.9$ to $12.9b in fiscal 2026.
HDI Global eyes international expansion with new 4-year plan
It will focus on specialty aviation surety and credit lines.
Tokio Marine ROE seen at 16% by 2030: Morningstar
Net earned premiums are projected to expand about 5%.
Generative AI in insurance could unlock $50b to $70b revenue: McKinsey
Gains would centre on marketing, customer operations and software engineering functions.
India's commercial rates plunge up to 25% in Q4
Regional reinsurer participation increased across property financial lines and cyber markets.
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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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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
