News
Zurich Malaysia hit with penalties over compliance gaps
Zurich Malaysia hit with penalties over compliance gaps
Zurich General Insurance and Zurich General Takaful Malaysia were separately fined in January.
Sun Life reported income falls 49.9% to $340m in Q1 2026
Underlying earnings per share stood at C$1.9 in the quarter.
Japan insurers’ foreign deals may force hybrid debt issuance
Fitch said most insurers built capital buffers through earnings and hybrid debt.
Australians use healthcare BNPL as premiums rise 4.41%
April’s premium increase was the steepest average rise in a decade.
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.
China insurers beat growth fears in Q1 2026: UOBKayHian
AIA reported 26% new business growth in China during the quarter.
Zurich hires Chubb veteran to lead Malaysia commercial unit
He brings more than 17 years of insurance industry experience.
Great Eastern bags $274m profit in Q1 2026
Total weighted new sales gained 16% YoY.
Aon posts $1.24b net income in Q1 2026
The company’s revenue, likewise, climbed 6% YoY to $5.03b.
Taiwan insurers face consolidation as capital strain deepens
Fitch expects weaker firms to keep issuing subordinated bonds through 2026.
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.
Aon reels in new chief commercial officer for SEA
Tan also held roles in the banking sector.
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.
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