News
Howden Hong Kong unveils new CEO
Howden Hong Kong unveils new CEO
Alfred Sham will take on the role of Chief Strategy Officer, Asia.
Hanwha Life profit run-rate trails $300m target
Standalone net income nearly doubled to $0.2b in the first quarter of 2026.
Reinsurance market needs $100b loss to tighten
AM Best said a major unexpected event would be needed to materially hit sector funds.
Singapore faces rising insurer scrutiny on construction risks, Aon says
Asia Pacific is still amongst most active construction region.
Marsh buys ENEOS insurance units in Japan
The transaction is expected to close in the third quarter of 2026.
MS&AD buys 18% stake in Barings
MassMutual will retain control with an 82% holding after the transaction.
Swiss Re appoints Daniel Neo to Asia board
Neo joins SRAL from 1 June after more than 2 decades in insurance.
Prudential buys 75% stake in Bharti Life
The deal carries an initial cash consideration of $389m payable at completion.
Forvis Mazars names actuarial partner to boost APAC insurance practice
The Singapore hire expands insurance advisory amidst IFRS 17 and M&A-driven demand.
Manulife Singapore to offer multi-cancer blood test starting May
This will be rolled out through its Guardant Health partnership.
This week in insurance: Igloo CEO on AI to raise profits; more insurance perks and plans for HNWIs
Insurers also report promising financial results.
AI will reshape insurance but cannot replace empathy: CEOs
It is improving efficiency and should not erode personalisation and face-to-face interactions.
Policybazaar rolls out annual insurance for India domestic travel
It covers lost checked-in baggage, trip cancellations, and even home burglary.
Sun Life's Philippine HQ switches to 100% geothermal power
The facility already has rainwater harvesting and double-glazed windows, amongst others.
SBI General urges active planning as medical bills climb
SBI General Insurance offers cashless hospitalisation, amongst others.
AXA China launches instant-issue health plan with 3-question policy sign-up
It has no deductibles for covered services within the coverage area, AXA said.
Activ Yuva ties insurance to young Indians’ lifestyle
Coverage and rewards now shift with daily activity sleep and nutrition tracking.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
