APAC

Life reinsurance market faces offshore annuity surge

Asset managers are backing new entrants focused on legacy blocks

IAIS steps up life sector monitoring in 2026

The plan aims to help supervisors deal with structural changes in the industry.

Insured losses hit $127b as convective storms beat cyclones

The Myanmar earthquake was the deadliest global event except for heatwaves.

Zurich hikes Beazley bid after rejection of $17 per share offer

Beazley got the new proposal on 19 January and told investors to take no action.

Asia-Pacific construction insurance rates slide in Q3 2025

Smaller firms saw at least 10% cuts and some lower deductibles on indemnity cover.

Inpatient plan premiums up nearly 60% since 2021

Outpatient utilisation index rose 101% in two years.

IAIS warns AI and geopolitics raise insurer risk

But the overall conditions for the sector in 2026 were described as stable.

Deloitte pegs global insurance protection gap at $183b

Deloitte says tariffs and trade disruption affect auto and home claims and adding pressure to premiums.

Gen AI in insurance to skyrocket 29% through 2030

Early adopters are seeing 20% to 40% reduction in the cost of onboarding customers.

Emerging market remain underinsured as 1.3 billion are outside formal financing

However, medical insurance has the highest uptake across all markets.

APAC insurance gap above 80% leaves weather exposure

But cyber incidents remain the top risk for APAC businesses, the report showed.

Compliance screening strains insurers amidst 81% manual fixes

Survey shows mixed or manual processes remain common making automation a top priority.

Financial planning rises as 63% cite uncertainty, Prudential says

Thailand stands out: 70% choose higher-risk investing, and 68% prefer short-term instruments.

Prudential lines up Flint as Vadera exits in 2026

The move follows Shriti Vadera’s planned retirement after six years of service.