PartnerRe names Gupta as India CEO
Previously, Gupta was the head of Client Management over at Munich Re India. PartnerRe has appointed Ankur Gupta as CEO for its India office. Gupta has more than two decades…
Read article →
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…
Read article →
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…
Read article →
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…
Read article →
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…
Read article →
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.…
Read article →
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…
Read article →
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…
Read article →
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…
Read article →
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…
Read article →