News

PVI Insurance's strength masks risks from payouts and reinsurance

Its balance sheet is projected to stay at the highest level.

New Zealand insurers recover profits as premiums surge 8.6%

The sector posted $7.8b in total premiums in 2024 after steep repricing.

Political risk insurance gains as 1 in 4 expect growth

Insurers may face tougher pricing decisions as geopolitical uncertainty persists.

Construction insurance rises amidst $38.5b market strain

Excess cover increased 8% to 15% with steeper moves on riskier builds.

This week in insurance: New partnerships roll out, hiring outlook steady, and tech spending ramps up

Etiqa Insurance Singapore and AIA Singapore have also partnered for takaful solutions.

Insurers redesign policies for fire risks

Lithium-ion threats expose valuation gaps in homes.

AI risks rise as 43% of firms lack formal frameworks: Gallagher Re

Gallagher Re found just 44% had completed structured impact reviews.

APAC businesses at risk as fraud attack rate rises to 1.7%

There is a 59% rise in automated attack tools mimicking human behaviour.

MSIG Asia backs Ancileo to embed travel cover in bookings

The deal includes an equity stake and a regional tie-up focused on tailored digital protection products

Bupa Global taps Massey to drive Asia expansion

The new executive brings over 20 years of IPMI experience.

Singlife recruits former MAS director for board oversight

The veteran leader previously managed foreign bank supervision.

Liberty Specialty Markets invades Asia fine art insurance sector

Regional lead Edrick Tang targets complex placements for bullion and collectible cars to drive 2026 growth.

Singapore’s domestic general insurance rises 8.4% in 2025

Despite the growth in revenue, net incurred claims for the domestic market also increased.

How Ping An Health grew as AI cut consultation costs 45%

The decline was recorded in the fourth quarter of 2025 as automation deepened.

Manulife shifts AI leadership to Hong Kong with new hire

The insurer has already rolled out 91 generative AI use cases across its operations.

HDI Global says Australia drove growth in tough APAC market

It plans further expansion across New Zealand and broader Asia Pacific in 2026.