insurance

Asia watch claims jump 21% as theft rises

Asia watch claims jump 21% as theft rises

The global average increase was lower at 17% over the past three years.

Only 2 in 5 insurers use AI for underwriting

Across 10 major markets, researchers identified 126 active insurance artificial intelligence cases.

Malaysia fire premiums climb 6.9% on rebuild costs

The segment generated RM700.8m in underwriting profit during 2025.

Australia offsets India slowdown as APAC insurance deals hold at 16

Regional activity stayed at 16 transactions in the first quarter of 2026.

How can insurers win customers' trust in AI?

Consumers will switch providers over data privacy or transparency concerns.

Indonesia credit claims jump 17% in Q1 2026

The loss ratio climbed above 100% during January to March.

South Korea shields doctors from $1.2m claims

The government will pay the full $1,138 annual premium per specialist.

Allianz says $125b in cargo remains stranded in Gulf

Hull and cargo premiums increased during the conflict.

Philippine life insurers lift premiums 15% as density hits record

Per capita insurance spending reached $70.15 in 2025 from $62.30 a year earlier.

Howden Re expands China push with three hires

The senior executives will be based in Hong Kong across specialist reinsurance divisions.

Markel hires Ang to grow Asia terrorism cover

Ang joins from Everest, where he led political violence and terrorism for Asia.

Allianz ranks 11th in finance workplace list

Great Place To Work surveyed 18,712 employees across Australia in finance and insurance.

APAC insurers stay stable despite claims pressure: Fitch Ratings

Non-life insurers face higher claims costs that are reducing underwriting margins.

South Korea eases AI rules as oversight tightens

Regulators will accelerate network separation reforms for financial AI systems.

Asia-Pacific insurers turn to emerging market debt for yield

Investment-grade issuance now accounts for more than half of the market.

India regulator probes insurance AI risks with working group

The seven-member group will be chaired by IIIT Hyderabad director Sandeep K. Shukla.