News
Ping An reports $3.66b net profit, down 7.4% in Q1 as revenue falls despite operating gains
Ping An reports $3.66b net profit, down 7.4% in Q1 as revenue falls despite operating gains
Revenue fell 7.1% year on year (YoY) to $34.88b (RMB238.5b).
CTF Life launches plan offering up to 6.5% IRR
Customers can switch between advance balanced and conservative allocation modes.
Singlife simplifies account opening with revamped dollarDEX platform
The new platform offers simplified account opening, amongst others.
HDI warns Victoria Peak defences may fail under extreme weather
Existing safeguards cut landslide risk by over 75% but face new limits.
Prudential’s new business profit climbs to $686m in Q1
APE sales also rise 6% as margins expand to two percentage points.
Insurance build cycle of 6 to 12 months cut by agentic AI
Whitepaper outlines factory model enabling faster iteration and product testing.
Shinkong Insurance holds gains as underwriting discipline bites
Motor insurance made up about half of premiums written.
Thai financial institutions put price on bad strategy
From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
Banks must address fraud and usability gaps to unlock AI trust
Consumers expect real-time scam protection and personalised tools with trust gap remaining high.
Southeast Asian banks lose funding efficiency as pricing remains fragmented
Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.
Why Thai finance firms push AI as human oversight limits automation
Executives say machines cannot make final calls without review in key processes.
Banks waste AI spending without workflow redesign as only 10% see gains
Embedding AI into operations and simplifying processes is key to cost-income gains in banking.
Thai insurers miss growth opportunity from concert goers
This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.
Why banks must become gatekeepers or accept commodity status
Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.
AIA-INSEAD programme strengthens agency leadership pipeline
The new training model targets leadership capacity across Singapore advisory teams.
Tokio Marine’s China unit outlook stable despite rising claims pressure
Competition in the non-life market continues to weigh on profitability levels.
India insurers reject 20% of recent claims
Six in ten respondents waited 6 to 48 hours for approval and hospital release.