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NewsAugust 11, 20263 min read

Jeff Bezos might finally get his hands on a sports team

Jeff Bezos is reportedly attempting to join the club of very rich Americans buying stakes in U.K. soccer teams. Bezos, alongside others including Facebook co-founder Eduardo Saverin, is looking to…

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NewsAugust 11, 20263 min read

As AI-led attacks multiply, OpenAI launches a new cyber model

Every day seems to brings fresh news of an AI agent going “rogue.” Whether that’s compromising Hugging Face, hacking a gym website, or creating its own fake profiles to socially…

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NewsAugust 11, 20262 min read

OpenAI reportedly completed a $7 billion employee tender offer

OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The…

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Japanese life insurers pivot to offshore M&A as domestic market peaks
NewsAugust 11, 20262 min read

Japanese life insurers pivot to offshore M&A as domestic market peaks

Fitch forecasts major life insurers will hold enough capital to secure ratings through March 2027. Major Japanese life insurers are projected to continue buying foreign insurance companies to drive growth,…

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Digital insurance platforms to hit $432.2b by 2035 amidst cost-cutting
NewsAugust 11, 20261 min read

Digital insurance platforms to hit $432.2b by 2035 amidst cost-cutting

Adoption is rising as companies seek better decision accuracy. The digital insurance platform market is projected to register a compound annual growth rate of 10.7% from 2026 through 2035, pushed…

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APAC insurance IT budgets rise as AI reshapes spending priorities
NewsAugust 11, 20262 min read

APAC insurance IT budgets rise as AI reshapes spending priorities

Reducing costs increasing revenue and meeting regulations are emerging as key business goals. Asia-Pacific’s (APAC) property and casualty (P&C) insurers are expected to increase technology spending by nearly 14% in…

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Sun Life’s Asia segment net income surges 153% to $144m in Q2
NewsAugust 11, 20261 min read

Sun Life’s Asia segment net income surges 153% to $144m in Q2

Hong Kong growth drove higher sales and earnings. Sun Life’s Asia business reported net income of $144m (C$202m) in the second quarter of 2026, up 153% year-on-year. The increase was…

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Liberty China may outgrow market despite thin margins: S&P
NewsAugust 10, 20262 min read

Liberty China may outgrow market despite thin margins: S&P

Small and medium-sized enterprise products are set to lead expansion. Liberty China is expected to grow faster than China’s non-life insurance market over the next two years as it expands…

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Sun Life Grepa unveils legacy plan ahead of Asia’s $5.8t wealth transfer
NewsAugust 10, 20262 min read

Sun Life Grepa unveils legacy plan ahead of Asia’s $5.8t wealth transfer

The insurance product is designed to support estate settlement and business succession planning. Sun Life Grepa Financial, Inc. has launched Sun Grepa Premier Legacy, a life insurance product aimed at…

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Tokio Marine backs Kita against carbon credit non-delivery risk
NewsAugust 10, 20261 min read

Tokio Marine backs Kita against carbon credit non-delivery risk

The capital injection will extend cooperation across several group subsidiaries. Carbon insurance specialist Kita today announced a strategic investment from Tokio Marine Group to support the expansion and security of…

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