insurance
WTW targets CCS risks with lifecycle insurance cover
WTW targets CCS risks with lifecycle insurance cover
It combines energy, marine liability and environmental protection for carbon capture projects.
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.
Indonesia's life insurers cover 168.03 million people in 2025
The insured population increased 8.6% year-on-year in 2025.
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.
Legacy systems weigh on Singapore insurers despite AI ambitions
Ninety-six per cent cited resistance to change as a barrier to new ways of working.
How can insurers turn AI spending into meaningful returns?
Many use AI in isolated parts of the business, limiting its financial impact.
This week in insurance: Igloo CEO on AI to raise profits; more insurance perks and plans for HNWIs
Insurers also report promising financial results.
Activ Yuva ties insurance to young Indians’ lifestyle
Coverage and rewards now shift with daily activity sleep and nutrition tracking.
Japan P&C market to hit $80b as cyber surges 17%
Automobile insurance held 50.38% of the market in 2025.
Nearly half of APAC insurers rank reporting as top compliance challenge
Only 5% of respondents rated regional compliance capabilities as weak.
Southeast Asia insurers risk profit hit from weak data systems
Igloo CEO says outdated infrastructure limits AI gains despite rising spending.
Sun Life reported income falls 49.9% to $340m in Q1 2026
Underlying earnings per share stood at C$1.9 in the quarter.
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Why expanding embedded insurance is Asian telcos’ next differentiator