News

Why 2 in 5 Filipinos don’t have a legacy plan in place: Sun Life

A quarter of respondents still have no arrangements in place for wealth transfer.

Tokio Marine completes $1.8b share disposal to Berkshire unit

National Indemnity received 48,207,200 common shares through a third-party allotment.

Asia-Pacific insurers stay stable as war fuels market swings

S&P expects capital buffers to absorb investment and underwriting strain for now.

Reinsurance rethinks cyber tail losses as market hits $16b

Global gross written premiums climbed from around $8b in 2020.

Malaysia finance firms see AI ambitions falter as legacy systems block progress

Finance executives say technology should support decisions, not fully replace human roles

CEO says Malaysian insurers face uninsurable risks as compliance focus grows

He says risk management has drifted from core underwriting toward compliance functions.

Half of firms flag AI errors as insurers lag coverage

The report finds liability often falls on companies deploying tools, not developers.

Kotak Life ranks No. 2 in customer experience study

Insurer posts Net Promoter Score of 60, reflecting strong client loyalty levels.

Hong Kong home insurance gap widens as 60% remain uninsured

Seven in 10 recognise the importance, yet over half fail to secure any policy.

Kyobo Life net profit rises 9.2% despite weaker core business

Insurance profit for the year also dropped 17.3%.

Trade credit insurers face higher default risk from Middle East conflict

Geopolitical and political risk is now cited as the top concern by 65% of firms.

Hong Kong reviews medical insurance on affordability concerns

The regulator also said it plans to introduce further measures to support the captive insurance market.

Coface appoints Darren Chan to lead Malaysia and Philippines

Prior to his current appointment, he was the head of Commercial of Coface Japan. 

Ping An upgrades AI services for 251 million customers

In 2025, Ping An recorded approximately 90 million monthly online users.