Uber adds Zipline drones to its Eats delivery network
Uber is investing in, and partnering with, drone delivery company Zipline with the goal of making one million deliveries per day using the startup’s drones by the end of 2029.…
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Liberty General launches cyber cover amidst system failure risks
Approved incident counsel removes retention for incident coach services. Liberty General Insurance has launched Liberty Cyber Resolution in India, a cyber insurance product designed to support organisations facing rising cyber…
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How can insurers keep up as private market bets grow?
Only 23% are confident systems can handle complex portfolios. Asia-Pacific insurers are raising exposure to private markets and artificial intelligence (AI), but outdated systems are slowing their ability to manage…
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Singapore finance employers to cut jobs in Q3 2026
ManpowerGroup linked weaker plans to consolidation and optimisation. Singapore’s finance and insurance sector is expected to cut headcount in the third quarter of 2026. The sector recorded a Net Employment…
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Allianz Partners buys nib travel insurance assets
The transaction still needs regulatory approval in Australia and New Zealand. Allianz Partners has signed an agreement to acquire a major portion of nib Group’s travel insurance portfolio in Australia…
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Coface appoints James Yau to lead Southeast Asia push
Yau will be based in Singapore and will start the role from 5 June 2026. Coface has appointed James Yau as head of Commercial for Southeast Asia and head of…
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Hong Kong Insurance Authority tightens commission rules as HKMA raises pressure
Banks, financial institutions selling long-term policies face prorated pay expectations. Hong Kong’s Insurance Authority (IA) has issued a directive reminding long-term insurers and licensed insurance intermediaries to align with new…
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Why people aren’t buying Mark Zuckerberg’s AI future
Listen onApple PodcastsListen onSpotify Meta CEO Mark Zuckerberg published a 6,500 word essay this week declaring that “The Future is for Everyone” and painting an optimistic picture of a future…
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Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+
Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg. OpenRouter helps customers to select different AI models to perform different tasks, depending on their…
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Anthropic CEO says AI backlash is ‘fundamentally a crisis of trust’
Anthropic CEO Dario Amodei recently pushed back against the idea that he’s been painting an overly pessimistic picture of artificial intelligence and how it might shape the future. Amodei’s comments…
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