The research also pointed to stronger pricing governance and cybersecurity as priorities for insurers. Nearly half of institutions expect that automation will replace more than 25% of their company’s workforce,…
Read article →The insurer remained South Korea’s sixth-largest non-life carrier with an estimated 7% share. Double-digit growth in long-term insurance revenue helped South Korea’s Hanwha General Insurance Company Limited (HGI) maintain steady…
Read article →It processed more than 2.35 million sickness, maternity and recuperation benefit claims online. Vietnam Social Security (VSS) has expanded its digital services and administrative reforms, processing millions of online insurance…
Read article →Interest and dividend returns helped core business profit reach $29b. Japan’s major life and non-life insurers reported higher income for the financial year ended 31 March 2026. Major life insurers…
Read article →Nearly half have used gen AI in choosing financial products. Over 1 in 2 Singaporeans who use generative AI chat tools do so to compare financial products, including insurance, according…
Read article →Sompo has also acquired a Brazilian company. The insurance industry from 20 to 24 July saw lower catastrophe losses, rising transaction risk claims, and continued merger and acquisition activity. Asia’s…
Read article →Consistent internal generation and low underwriting leverage support its financial position. United Overseas Insurance Limited’s (UOI) could expand its regional business in line with opportunities arising from the wider strategy…
Read article →More than half expect government schemes to fund future care needs. Planning for long-term care remains low amongst Singaporeans, as only 19% of respondents understand and have planned for their…
Read article →Diversified earnings and stronger investment returns supported group profitability in 2025. Munich Reinsurance Company’s (Munich Re) risk-adjusted capitalisation remains at the strongest level under Best’s Capital Adequacy Ratio (BCAR) and…
Read article →He will take up the Hong Kong-based role on 1 September. Sun Life has appointed Lee Sarkin as vice-president for data and artificial intelligence (AI) in Asia, effective 1 September.…
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