insurance
Tata AIA unveils digital engine to automate life insurance underwriting
Tata AIA unveils digital engine to automate life insurance underwriting
Policy approvals that once took weeks can now be completed within hours.
Asia reinsurers face lower premiums as capacity and capital expand: S&P
Catastrophe losses and capital market volatility remain key downside.
Prudential posts 13% rise in new business profit for Q3’25
They also confirmed progress on the planned IPO of a business arm in India.
MSIG Malaysia ramps up data Investments to boost growth
Its CEO thinks industry growth lies in affordable insurance.
Australia’s insurance market softens as competition intensifies
The property sector is seeing an influx of local and international capacity.
Tokio Marine GX backs new insurance for nuclear fusion risks
The initiative aims to ensure insurance frameworks and capacity are in place.
Canopius bolsters APAC operations with new leadership hires
Both will be based in Sydney.
Property and health lines drive Asia’s insurance growth trends
Property insurance remains a major segment in Singapore.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Taiwan life insurers see premiums soar despite fewer policy sales
A total of 932,074 new contracts were sold.
South Korea to subsidise malpractice insurance for high-risk doctors
The government will fund between 50% and 75% of liability insurance premiums.
Marine insurance market to stay soft for up to two years
This is likely due to sustained competition, rising capacity and increased participation.
Solar insurance market to reach $13.8b by 2034
Demand for such policies has grown amidst more frequent extreme weather events.
South Korea allows life policyholders to tap death benefits for retirement
The option will be available only to policyholders aged 55 and above.
Ping An Insurance posts 11.5% profit rise in 9M 2025
Ping An’s total retail customers increased to nearly 250 million.
Mitsui Sumitomo Insurance names Eric Schaap to lead broker ties
Schaap will report to Keisuke Ema.
PNB sells 10% stake in Canara HSBC Life
The divestment involved the sale of 9.5 crore shares.
Commentary
AI isn’t replacing insurance, it’s finally making it work