News
Howden brokers Ping An–Dhipaya pact for Thailand EV cover
Howden brokers Ping An–Dhipaya pact for Thailand EV cover
It also aims to help Chinese EV brands address key overseas challenges.
Swiss Re targets $4.5b group net income for 2026
It seeks an L&H Re net income of $1.7b next year.
Aon names Ben Jones as new COO for APAC
Jones is based in Singapore.
HDI Global names Peter Schraa as head of marine in Singapore
Schraa is tasked with further developing the insurer’s marine portfolio in the city.
Prudential unit files IPO to sell 9.91% stake
It has filed a Red Herring Prospectus for the IPO.
Robust capital enables AIA to absorb volatility amidst China expansion
AIA’s capital buffer is expected to remain strong through 2027.
Portfolio remediation helps Bao Minh restore underwriting margins
Despite facing underwriting losses in 2024, its overall earnings stayed positive.
Reinsurance strength helps CTPI HK absorb major fire losses
AM Best projects that CTPI HK’s capital position will remain solid.
Sollers says insurers to speed cloud adoption in 2026
Japan and parts of Europe are taking a more cautious approach in terms of adoption.
This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
Meanwhile, demand for remote work in Singapore’s insurance sector increased 15.3%.
Swiss Re appoints Nicole Pieterse as next chief people officer
She has held senior HR roles across the financial services industry.
S&P says rapid expansion could weaken Prudential outlook
Prudential will likely keep a strong capital buffer and steady profit growth.
bolttech buys 2019-founded mTek to boost embedded insurance
The platform works with major insurers including GA Insurance, Sanlam, and Britam.
Income Insurance cuts data investigation time from hours to minutes
It will also improve overall productivity.
Will AI copilots replace legacy insurance systems by 2026?
Data shows executives trust generative AI at twice the rate of machine learning.
Storm and fire losses deepen pressure on Hong Kong P&C earnings
The incident will add to diluted earnings but is unlikely to threaten overall solvency.
Social media lawsuits surge, lifting insurers’ liability exposure
Insurers may need to revisit policy wording and tighten risk selection.
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India’s cyber risk paradox: High attack rates, low insurance preparedness