News
South Korea cyber threat surges amidst thin insurance cover
South Korea cyber threat surges amidst thin insurance cover
The next two hazards listed are interruption and fire plus explosion.
Asia-Pacific construction insurance rates slide in Q3 2025
Smaller firms saw at least 10% cuts and some lower deductibles on indemnity cover.
HDFC Life profit rises 7% to $160m in 9M 2026
Individual APE increased 11% year on year and two year CAGR was 17%.
Taiwan life insurers’ foreign-currency premiums surge 42% in October
Investment-linked insurance products accounted for $1.8b.
Inpatient plan premiums up nearly 60% since 2021
Outpatient utilisation index rose 101% in two years.
Saudi Re secures regulatory approval for India GIFT City branch
Operations are scheduled to begin in Q2 2026.
Alex Benson appointed Head of Construction and Natural Resources Claims at Willis Asia
He brings more than 10 years of experience in Asia.
General insurance claims explode 146% in Cambodia
The total sum insured hit $11b as claims skyrocket.
Vietnam adds 35 diseases to social insurance coverage
The rules apply under the 2024 Law on Social Insurance for work injury benefits.
Six in 10 Hong Kong insurance, finance SMEs target AI in one year
But nearly half of SMEs forecast higher raw material bills adding strain to operating expense.
Munich Re Thailand taps Chotima Puasiri as new chief
The regional non-life structure changes whilst a senior figure exits after nearly a decade in charge.
What drove Malaysia’s general insurance market to rise 4%?
Motor insurance accounted for 42.8% of total premiums or $1.3b.
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.
HSBC says 'no decision' made in Singapore insurance review
HSBC said Singapore stays a priority market for wealth and wholesale growth.
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1. Nina Ong drives AI and talent upgrades at Great Eastern Life 2. Manulife’s Leah Ng says better governance boosts women’s leadership 3. Singapore shippers face policy cancellations as Iran conflict escalate 4. Better protection for vulnerable groups could boost PH insurer trust: AXA 5. How APAC cyber gap exposes households to fraudResource Center
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness