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NewsAugust 7, 20262 min read

APAC life insurers face agentic AI test as legacy and data gaps persist

McKinsey and Deloitte say business leaders must own AI adoption as 42% of carriers remain constrained by legacy infrastructure. Asia-Pacific life insurers are entering an agentic artificial intelligence inflection point,…

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Human oversight remains central as insurers adopt agentic AI: valantic
NewsAugust 7, 20263 min read

Human oversight remains central as insurers adopt agentic AI: valantic

Agentic AI handles verification and analysis whilst people make final decisions. Insurers are beginning to use agentic artificial intelligence (AI) to automate underwriting, document verification, and customer servicing, but human…

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This week in insurance: Shipping premiums rise, AI transforms underwriting, Luxury watch claims jump
NewsAugust 7, 20263 min read

This week in insurance: Shipping premiums rise, AI transforms underwriting, Luxury watch claims jump

In India, home loan insurance adoption has increased sevenfold. The insurance industry from 29 June to 3 July saw developments across market conditions, technology adoption, claims trends, financial resilience, consumer…

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Zurich enters home insurance market through Honey deal
NewsAugust 7, 20261 min read

Zurich enters home insurance market through Honey deal

The policies will cover homes and vehicles against severe weather accidents and crime. Zurich Financial Services Australia will enter the personal home insurance market from October 2026 under an expanded…

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Cigna expands China hospital cover as Hong Kong costs rise
NewsAugust 7, 20261 min read

Cigna expands China hospital cover as Hong Kong costs rise

Residents made more overseas trips in 2025 as medical needs shifted. Cigna Healthcare Hong Kong has adjusted its Cigna VHIS Series – Flexi Plan (Superior) in response to rising local…

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Prudential launches care service as Malaysians delay treatment
NewsAugust 7, 20262 min read

Prudential launches care service as Malaysians delay treatment

The service gives eligible customers help from specialist booking to recovery. Prudential Assurance Malaysia Berhad (PAMB) has launched Prudential Guided Care, a healthcare support service for customers with medical insurance,…

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Shipping premiums stay elevated despite Hormuz recovery
NewsAugust 6, 20262 min read

Shipping premiums stay elevated despite Hormuz recovery

Vessel traffic rose from around 27 daily transits to more than 60 in late June. Shipping insurers are expected to keep charging higher premiums as renewed hostilities around the Strait…

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Catastrophe insurers risk losses as protection gap persists
NewsAugust 6, 20261 min read

Catastrophe insurers risk losses as protection gap persists

Fitch said unmet demand remains a major challenge for insurers and reinsurers. Natural catastrophe insurance is expected to remain profitable over the long term, but both economic and insured losses…

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How can Asian households plan further ahead?
NewsAugust 6, 20262 min read

How can Asian households plan further ahead?

More than half of people have no financial plan beyond one year. Households across Asia are focusing more on immediate expenses than long-term financial goals as inflation squeezes budgets, raising…

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Fraud costs expose Hong Kong insurers’ payments lag
NewsAugust 6, 20263 min read

Fraud costs expose Hong Kong insurers’ payments lag

Cheques and manual work persist as fraud costs reach up to 5% of revenue. Hong Kong insurers risk losing customers to digital-first rivals unless they modernise ageing technology that slows…

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