Insurance
MSIG Asia backs Ancileo to embed travel cover in bookings
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.
Markel expands APAC W&I with two underwriter hires
One appointment covers Singapore, Hong Kong, and other regional deal markets, whilst the other is based in Mumbai.
Automation threatens 43% of insurance tasks by 2030
Nearly all insurers are speeding up adoption as technology reshapes operational models.
APRA warns climate risks could leave 1 in 4 homes uninsured
The regulator assessed two severe scenarios covering weather losses and transition costs through to 2050.
HSBC Life pushes preventive care shift with new programme
It combines workplace programmes, insurance expansion, education and community initiatives.
Insurance M&A rises to 211 deals as APAC drives recovery
Regional transactions surge in APAC whilst global consolidation momentum struggles elsewhere.
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1. Sun Life Philippines to boost sales force, bancassurance under incoming CEO 2. Wong Sze Keed builds people‑first culture at AIA 3. Vietnam banks leverage data, AI, and digital trust to capture customers 4. Singapore’s finance sector hit by the second-highest job cuts rate 5. Aditya Birla Health Insurance study cuts preventable claims by 31%Resource Center
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She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation