Uninsured climate losses could hit $41.4t: Moody’s
About 2.7 billion people lived in areas exposed to flooding risks as of 2020. Uninsured losses from natural disasters and rising sea levels could cost the global economy up to…
Read article →
India regulator probes insurance AI risks with working group
The seven-member group will be chaired by IIIT Hyderabad director Sandeep K. Shukla. The Insurance Regulatory and Development Authority of India (IRDAI) has set up a working group on artificial…
Read article →Singapore retirement gap tests insurers as consumers age
Healthspan lags lifespan by about 10 years as protection gaps reshape retirement planning. Singapore’s higher Full Retirement Sum is putting renewed focus on whether consumers have enough savings and protection…
Read article →
Asia-Pacific insurers turn to emerging market debt for yield
Investment-grade issuance now accounts for more than half of the market. Asia-Pacific insurers are showing greater interest in emerging market debt as they seek higher yields and assets that that…
Read article →
South Korea eases AI rules as oversight tightens
Regulators will accelerate network separation reforms for financial AI systems. South Korea’s Financial Services Commission (FSC) introduced an updated artificial intelligence (AI) guidelines designed to manage risks whilst easing technical…
Read article →
APAC insurers stay stable despite claims pressure: Fitch Ratings
Non-life insurers face higher claims costs that are reducing underwriting margins. Chinese and Taiwanese insurers will likely see a deteriorating outlook for 2026, whilst other Asia-Pacific (APAC) insurers maintain a…
Read article →
Allianz ranks 11th in finance workplace list
Great Place To Work surveyed 18,712 employees across Australia in finance and insurance. Allianz Group has been recognised as one of Australia’s Best Workplaces in Finance & Insurance 2026, ranking…
Read article →
Markel hires Ang to grow Asia terrorism cover
Ang joins from Everest, where he led political violence and terrorism for Asia. Markel Insurance has appointed Henry Ang as head of Terrorism for Singapore. Ang will oversee the growth…
Read article →
Howden Re expands China push with three hires
The senior executives will be based in Hong Kong across specialist reinsurance divisions. Howden Re, the global reinsurance and capital markets arm of Howden, has expanded its presence in the…
Read article →
Philippine life insurers lift premiums 15% as density hits record
Per capita insurance spending reached $70.15 in 2025 from $62.30 a year earlier. The Philippine life insurance industry experienced steady growth in 2025, as overall insurance penetration rate rose to…
Read article →