News
T. Rowe Price unveils two retirement allocation funds for HSBC investors
T. Rowe Price unveils two retirement allocation funds for HSBC investors
The funds aim to provide monthly dividends at a fixed annual percentage rate of 6%.
Firms need to hire ‘intellectually curious’ talent to boost cyber defence
They also need to invest strategically in security and adapt culture from the top down, experts said.
Etiqa boosts claims assessment and app adoption with AI
AI is being used to analyse vocal intent, transaction history, and social media patterns.
Nippon Life rebounds to pre-pandemic profitability: Fitch Ratings
Core profit margin was at 19% in fiscal 2025.
Flood insurance market projected to reach $25.21b in 2025
Japan stands out, with more than 75% of homeowners holding flood protection.
Premium revenues from foreign-currency life insurance in Taiwan rise 35% in June
Traditional products made up the bulk of sales at $5.7b.
Korea’s insurers benefit from regulatory changes easing investment rules
Insurers are likely to focus on asset-liability management.
Electric energy insurance market to hit $4.97b by 2029
Asia-Pacific is forecast to record the fastest growth in the coming years.
Insurance Council of Australia pushes for lower corporate tax rates
The council, instead, recommends creating a A$30.15b flood defence fund.
Insured losses from Kathmandu riots rise sharply, says AM Best
Domestic reinsurers also face capital strain.
Sun Life Philippines brings financial guidance to MSMEs with Go Negosyo
Advisors will be present to provide business owners with insurance guidance.
Tokio Marine Kiln enhances Cyber Ctrl with AI risk protection
The update includes a new Professional Ctrl policy.
Allianz Partners expands plans with new health benefits for SMEs
The plans cover businesses with three to 100 employees.
How expanding insurance could add over 4% to GDP across ASEAN
These gains are linked to stronger labour force participation and more.
India exempts individual health insurance premiums from 18% GST
The change lowers costs for policyholders.
Specialty insurance market to triple by 2032
This shows a compound annual growth rate of 10.7%.
Vietnam targets 95% health insurance coverage by 2026 under resolution
Authorities are expanding coverage through employer–employee contributions.
Commentary
AI isn’t replacing insurance, it’s finally making it work