APAC
How can insurers turn AI spending into meaningful returns?
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.
Nearly half of APAC insurers rank reporting as top compliance challenge
Only 5% of respondents rated regional compliance capabilities as weak.
Sun Life reported income falls 49.9% to $340m in Q1 2026
Underlying earnings per share stood at C$1.9 in the quarter.
Insurers fail digital test as only 7% reach top tier
Nearly one-third of firms have fully digitised their value chains.
Cyber insurance shock could emerge every 10 to 18 years
Howden Re compared potential cyber losses to moderate catastrophe years such as 2008.
Asia-Pacific insurance may reach $10t by 2034
The sector is forecast to grow at a 15.6% annual rate through 2034.
Aon posts $1.24b net income in Q1 2026
The company’s revenue, likewise, climbed 6% YoY to $5.03b.
Insurance buyers gain leverage as pricing softens: Aon
Aon said capacity and underwriting flexibility improved across major lines.
AM Best says Sun Life's risk controls support stability
Diversified income streams continue to underpin long-term commitments.
Lockton names new CEOs for Malaysia and India
Nicholas Lee was named chief executive designate of Lockton Sime.
4 in 5 insurance CROs rank cyber as near-term priority
79% cite data issues as the biggest barrier to development.
APAC financial firms brace for Middle East long-term effects: S&P
Losses hinge on whether the Strait of Hormuz reopens by end May 2026.
Asia’s commercial insurance rates drop 5% in Q1 2026
This marks the seventh straight quarter of declines across the region.
Asia disasters leave 92% losses uninsured
Insured catastrophe losses totalled $5.2b in 2025 across the region.
Marine reinsurers face Baltimore loss blow
Howden Re said the impact is expected to fall largely on reinsurance and retrocession markets.
WTW’s Q1 2026 net income climbs to $303m
Q1 revenue rose 8% YoY to $2.4b as diluted EPS increased 33%.
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1. Insurance capital shifts as 60% of investors expand 2. Income Insurance names DBS veteran Lim Sim Seng as chairman 3. India life premium jumps 39.1% in April 2026 as group business surges 4. Aditya Birla Sun Life launches Anmol Akshaya 5. Income Insurance shareholders gain exit route via AltaXResource Center
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