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June returns improved sharply from A$637m in March as expenses declined. Australia’s general insurance industry reported a sharp improvement in earnings in the June 2026 quarter, with profit after income…
Read article →Travellers increasingly want protection for changes excluded from standard cancellation policies. The global cancel for any reason (CFAR) travel insurance market is expected to grow from $2.67b in 2025 to…
Read article →BytePlus will support claims handling knowledge management and distribution. AXA Hong Kong and Macau has signed a Memorandum of Understanding with technology solutions provider BytePlus to integrate artificial intelligence and…
Read article →Claims cover losses across eight regions, with rice taking the largest share. The Philippine Crop Insurance Corp. (PCIC) has set aside $2.99m (PHP187m) for insurance payments to 24,987 farmers affected…
Read article →foodpanda and Singlife launched a clinic-discount programme in August. Prabhu Salarajoo, a foodpanda rider of more than 10 years, sometimes delays doctor and dental visits because of the cost, highlighting…
Read article →The rollout includes legal review, contract review, and data verification. The Korea Life Insurance Association has launched three artificial intelligence (AI) systems for complaint management, advertisement review, and internal regulation…
Read article →Fair-value accounting and stress-based capital requirements are reshaping asset-liability management, reinsurance use, and capital deployment across the sector. Japan’s new solvency regime is pushing insurers to rethink asset-liability management and…
Read article →Claims pressure will continue to build, Fitch Ratings said. The global reinsurance sector faces a deteriorating outlook in 2027, with further price declines and rising claims costs, said Fitch Ratings.…
Read article →Bottomline is supported by its underwriting results and investment income. Ping An Health Insurance Company of China, Ltd. (Ping An Health) maintained a strong operating performance and capitalisation in 2025,…
Read article →Its risk-adjusted capitalisation is expected to remain at the strongest level over the medium term. Singapore Reinsurance Corporation Limited (Singapore Re) saw sustained improvement in its operating performance in recent…
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