insurance
AI can cut insurer costs 20% but adoption lags across sector
AI can cut insurer costs 20% but adoption lags across sector
Firms using the technology can also lift premiums by around 3% to 5%.
GIFT City insurance market jumps 11-fold in 5 years
Premium volume rose from $102m in 2020 to more than $1.2b by 2025.
Allianz Singapore offers up to $46,800 in scam protection
Two tier structure allows multiple shopping related claims under higher coverage level.
How 1 April renewals pushed Japan cat rates down 16%
Howden Re said another year of low catastrophe losses helped drive the decline.
Nine in 10 Malaysians delay care despite insurance support
Over half also report difficulty booking or managing consultations through digital channels.
Cyber insurance trails as only 10% of SMEs buy cover
Amongst the worst attacks, average losses in the top 10% of events topped $28m in 2024.
Singapore insurers and banks expect slower profits in 2026
Finance confidence slipped to 54.3 in Q4 2025, whilst the wider economy rose to 52.1
PNB MetLife launches index fund as 230m Indians face retirement
New pension plan tracks 50 dividend-paying firms to combat ageing crisis.
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
Singlife updates Shield Plan riders to boost healthcare affordability
Product enhancements respond to specific demographic shifts in long-term care.
Coface appoints Carmen Chow to lead Hong Kong commercial strategy
Former CGS Japanese Solutions head takes over regional performance goals.
AIA launches ProsperLife as mortality gap hits HK$1.9m per adult
New policy targets working adults facing severe financial strain from unexpected death.
Prudential slashes medical rider premiums by 55% amidst MOH shift
New PRUExtra Care series replaces old suite to meet 2025 mandate.
CTF Life partners with HKMC to expand reverse mortgage access
Collaboration targets seniors needing immediate cash from residential property equity.
Underinsurance crisis leaves 1 in 7 Australian homes unprotected
APRA warns coverage gaps will hit 25% by year 2050.
How can M&A offset slower insurance growth?
Scale and operational strength are becoming table stakes.
Why AI data centres outpace insurance capacity as site costs hit $20b
Reinsurance markets fail to match surging multi-billion dollar construction limits.
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1. Malaysia finance firms see AI ambitions falter as legacy systems block progress 2. Asia and European insurers lead as US peers lose $226b in market cap 3. Tokio Marine completes $1.8b share disposal to Berkshire unit 4. Hong Kong reviews medical insurance on affordability concerns 5. CEO says Malaysian insurers face uninsurable risks as compliance focus growsResource Center
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