News
QBE Insurance expected to hit $2b net income in 2026: S&P
QBE Insurance expected to hit $2b net income in 2026: S&P
Exit from non-core lines will benefit the group, and capital will remain strong.
QBE names Carles Tondo as Asia head of property
Tondo was head of property and technical lines from another insurer.
Sun Life profit climbs as Asia sales jump 49%
Individual insurance revenue in the region totalled $894m across Hong Kong, India, and Indonesia.
Swiss Re Corporate Solutions to acquire QBE credit unit
The portfolio is projected to deliver about $200m in yearly income across ANZ, UK.
Zurich APAC gross premiums reach $7.5b in 2025
It handled billions in payouts whilst maintaining a 94.3% underwriting metric across P&C.
Sompo expands Guidewire deal as cloud migration begins
This targets unified underwriting claims and billing workflows across country entities.
This week in insurance: Aon names Risk Capital CEO, SB Finance launches job-loss cover, Beazley takeover talks extended
Regulators in Singapore and Thailand have also made moves this week.
Insurance market to soar $146.62b by 2030 on rising consumer awareness, strong economy
It is projected to post a 9.7% CAGR from 2024 to 2030.
Dai-ichi Life lifts profit view to $3.3b
Net investment income is projected to jump 24.9$ to $12.9b in fiscal 2026.
HDI Global eyes international expansion with new 4-year plan
It will focus on specialty aviation surety and credit lines.
Tokio Marine ROE seen at 16% by 2030: Morningstar
Net earned premiums are projected to expand about 5%.
Generative AI in insurance could unlock $50b to $70b revenue: McKinsey
Gains would centre on marketing, customer operations and software engineering functions.
Aon strengthens India footprint, consolidates Mumbai offices post-regulatory merger
The company moved 450 staff to Lower Parel hub, uniting Risk, Capital, and Human Capital teams.
Talanx ends Meiji Yasuda partnership after buying Polish stakes
The move gives Talanx full ownership of Warta and TU Europa.
MSIG Asia names Peak3 to run its digital insurance platform
Graphene will be used to boost connectivity and support direct-to-consumer sales.
Miller appoints Sailesh Divakaram as head of Treaty Asia
The Singapore-based executive reports to Richard Broad who leads treaty for APAC.
Beazley extends takeover deadline as Zurich conducts due diligence
Both sides are discussing final terms after agreeing in principle on key financial conditions.