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Insurers cannot bank on the current cycle: Bain & Co.
NewsAugust 3, 20263 min read

Insurers cannot bank on the current cycle: Bain & Co.

Loss-prevention technologies could reduce claims by 10% to 20%. Investors remain uncertain about insurers’ ability to deliver sustainable earnings growth beyond the current cycle, particularly in the future earnings growth…

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China cuts medical device prices under national crackdown
NewsAugust 3, 20262 min read

China cuts medical device prices under national crackdown

More than 50,000 certified workers have been trained to deliver nursing and personal assistance. China’s basic medical insurance programme added more than fourm enrollees in 2026 compared with the same…

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Asian insurer gains face regulatory pressure in second half of 2026
NewsAugust 3, 20262 min read

Asian insurer gains face regulatory pressure in second half of 2026

China-Hong Kong fund movement rules could become more restrictive during the period. Asian insurers reported positive earnings, but CreditSights expects several challenges to weigh on the sector in the second…

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Aon raises data centre insurance capacity to $5b
NewsAugust 3, 20261 min read

Aon raises data centre insurance capacity to $5b

The programme now supports projects from construction through long term operations. Professional services firm Aon has expanded its Data Centre Lifecycle Insurance Programme, raising its total coverage capacity from $3.5b…

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Sun Life appoints Lee Sarkin to lead Asia AI push
NewsAugust 3, 20261 min read

Sun Life appoints Lee Sarkin to lead Asia AI push

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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Insured losses hold at $47b despite lower disaster costs
NewsAugust 3, 20263 min read

Insured losses hold at $47b despite lower disaster costs

Economic losses dropped to their lowest first-half level since 2018. Natural disasters caused an estimated $111b in economic losses worldwide during the first half of 2026, whilst Asia-Pacific remained relatively…

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Travel credit insurance market exceeds $14.1b
NewsAugust 3, 20262 min read

Travel credit insurance market exceeds $14.1b

Rising tourism and exposure to natural disasters are increasing protection demand across APAC. The global travel credit insurance market was valued at $14.1b in 2023 and is projected to expand…

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Chubb and Atome launch shopping fraud cover
NewsAugust 3, 20261 min read

Chubb and Atome launch shopping fraud cover

Cardholders can seek reimbursement when goods arrive damaged or fail to arrive. Chubb Philippines and buy-now-pay-later platform, Atome Philippines, partnered to launch a shopping insurance plan with personal accident benefits…

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Sompo acquires Fator to expand Brazil insurance business
NewsAugust 3, 20261 min read

Sompo acquires Fator to expand Brazil insurance business

The target specialises in property surety and financial lines for corporate clients. Sompo International Holdings Ltd. has agreed to acquire Fator Seguradora in Brazil through a wholly owned subsidiary, the…

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Cambodia signs university deal amidst insurance literacy gap
NewsAugust 3, 20262 min read

Cambodia signs university deal amidst insurance literacy gap

Only 1.11% of national economic output is covered by the industry. The Insurance Regulator of Cambodia (IRC) has signed a Memorandum of Understanding (MoU) with ACLEDA University of Business (AUB)…

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