News

Why Thai finance firms push AI as human oversight limits automation

Executives say machines cannot make final calls without review in key processes.

Banks waste AI spending without workflow redesign as only 10% see gains

Embedding AI into operations and simplifying processes is key to cost-income gains in banking.

Thai insurers miss growth opportunity from concert goers

This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.

Why banks must become gatekeepers or accept commodity status

Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.

AIA-INSEAD programme strengthens agency leadership pipeline

The new training model targets leadership capacity across Singapore advisory teams.

Tokio Marine’s China unit outlook stable despite rising claims pressure

Competition in the non-life market continues to weigh on profitability levels.

India insurers reject 20% of recent claims

Six in ten respondents waited 6 to 48 hours for approval and hospital release.

Insurers face 10 CEO priorities in 2026 reset: Oliver Wyman

The report highlights infrastructure sectors like data centres and power as growth areas.

Tokio Marine Life Insurance Singapore reels in ex Etiqa CEO

His earlier appointments also include Chief Financial Officer of Great Eastern.

Forte Insurance’s profit nearly triples in FY 2025

The insurer also generated $64.4m in gross written premiums.

+8 Partners appoints Wendy Kao deputy chair

Kao remains Taiwan chief representative for Rare Earth Insurance Partners.

FWD Macau taps Banco Well Link for bancassurance partnership

The offer includes insurance services for high-net-worth individuals.

Philippines’ insurance premiums jump 14.1% to $8b in 2025

Net income climbed 15.1% to $1b during the period.

Hong Kong’s travel and medical insurance complaints rise 33%

The Bureau recorded 857 travel and medical insurance complaints in 2025.

India non-life premiums hit $37.0b in March 2026

IRDAI figures show annual premiums rose 9.20%.

This week in insurance: Sri Lanka coverage push after cyclone, India backs maritime pool, insurtech deals

Big Singapore firms also said they have higher exposure to insurance and security-related costs.