Insurance

Will AI copilots replace legacy insurance systems by 2026?

Data shows executives trust generative AI at twice the rate of machine learning.

Storm and fire losses deepen pressure on Hong Kong P&C earnings

The incident will add to diluted earnings but is unlikely to threaten overall solvency.

Social media lawsuits surge, lifting insurers’ liability exposure

Insurers may need to revisit policy wording and tighten risk selection.

Australia’s life insurance market set to hit $19.8b by 2029

Medical inflation remains one of the biggest drivers of rising claims costs.

Taboos, low confidence stall legacy planning across Asia

Two-thirds of Asians fear their wealth will not outlast their children’s generation.

Soaring insurance costs signal pressure on 2026 premiums in Singapore

Healthcare inflation rose to 4.0% year on year, up from 1.4% in September.

Remote job demand in Singapore insurance rises 15.3%

However, the overall job postings growth was offset by declines from the insurance sector.

Only 27% of next gen willing to lead family firms, legacy planning lags

The lack of structured succession planning leaves many businesses exposed.

Will regulatory shifts shape NZ non-life insurers’ outlook?

New regulatory requirements continue to raise costs for insurers.

Labuan Re cuts processing time and boosts system performance

The new platform cut batch job processing times by up to 80%. 

Marine specialist with 13 years’ experience takes Asia underwriting lead

Tjornelund reports to Shah, CEO of Wholesale Markets Asia, QBE.

Fujitsu launches Japan-tailored SAP Fioneer insurance platform

It covers core operations including product, policy, and claims management.

Broker deals set stage for faster 2025 insurance M&A

Strategic buyers and private equity investors are likely to remain active.

Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors

RHB said the product is designed for customers aged 40 to 70.

Clyde & Co names Patrick Peng to lead China corporate

Peng joins from the Hong Kong Insurance Authority.

Veteran with 20 years’ experience named Labuan IBFC CEO

His priorities include expanding engagement with regulators and industry players.