News

General insurance claims explode 146% in Cambodia

The total sum insured hit $11b as claims skyrocket.

Vietnam adds 35 diseases to social insurance coverage

The rules apply under the 2024 Law on Social Insurance for work injury benefits.

Six in 10 Hong Kong insurance, finance SMEs target AI in one year

But nearly half of SMEs forecast higher raw material bills adding strain to operating expense.

Munich Re Thailand taps Chotima Puasiri as new chief

The regional non-life structure changes whilst a senior figure exits after nearly a decade in charge.

What drove Malaysia’s general insurance market to rise 4%?

Motor insurance accounted for 42.8% of total premiums or $1.3b.

IAIS warns AI and geopolitics raise insurer risk

But the overall conditions for the sector in 2026 were described as stable.

Deloitte pegs global insurance protection gap at $183b

Deloitte says tariffs and trade disruption affect auto and home claims and adding pressure to premiums.

Gen AI in insurance to skyrocket 29% through 2030

Early adopters are seeing 20% to 40% reduction in the cost of onboarding customers.

Emerging market remain underinsured as 1.3 billion are outside formal financing

However, medical insurance has the highest uptake across all markets.

HSBC says 'no decision' made in Singapore insurance review

HSBC said Singapore stays a priority market for wealth and wholesale growth.

TS Holdings merges Shin Kong Life and Taishin Life

Contractual Service Margin (CSM) is expected to exceed $7.91b.

APAC insurance gap above 80% leaves weather exposure

But cyber incidents remain the top risk for APAC businesses, the report showed.

What will drive Canara HSBC Life grow 20% in premiums by 2028?

India’s recent GST exemptions and a narrowing protection gap support this growth.

Compliance screening strains insurers amidst 81% manual fixes

Survey shows mixed or manual processes remain common making automation a top priority.