APAC
Sun Life taps Frankie Leung as Asia chief agency officer
Sun Life taps Frankie Leung as Asia chief agency officer
He held senior agency distribution posts at AIA and led digital strategies across the region.
Aon lifts capacity to $2.5b as AI drives complexity
The facility spans construction, all risks, delay in start-up and operational damage coverage.
Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
Zurich Resilience Solutions names Robin Matthias as global head
Matthias succeeds Dirk De Nil, who is retiring after a 35-year career.
Swiss Re overhauls flood model with Fathom data
Work follows Swiss Re’s December 2023 acquisition of Fathom.
Allianz Trade launches Social2Social to cover political risk
Eligibility requires a sustainability team review under Allianz Trade social criteria.
Insured losses top $108b as disasters strain insurers
Economic damage reached about $224b, with most impacts in highly protected regions.
Run-off specialists reshape insurer capital deals, AM Best says
Report says some firms reprice risks, add reserve buffers, and cap exposure.
Insurance consolidation forces brokers to upgrade technology
Deal activity climbed through 2022, then stayed steady afterward—setting a tougher baseline.
Fitch flags 2026 profit easing for global reinsurers
Capital from traditional and alternative sources continues to exceed demand.
Willis reshuffles Asia specialty leadership with 4 appointments
One of the appointees will focus on a business in Hong Kong and Macau.
Allianz deploys AI agents for motor, health claims
Allianz said this is aimed at reducing manual work, speeding up first payments.
Seven in 10 APAC insurers expect private equity returns to rise
The survey covers APAC insurers managing $3.82t in assets, Clearwater Analytics said.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
Pet accident-only insurance hits $1.5b in 2025
Looking ahead, the market is projected to reach $1.80b by 2029.
This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia
An Indian insurer has also partnered with a bank to expand coverage in the market.
Prudential funds buyback with $700m from ICICI Pru AMC IPO
The 2026 buyback will comprise $500m of recurring capital returns.
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