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Malaysia subsidises MediAsas premiums by $49 for SME workers
NewsOctober 15, 20262 min read

Malaysia subsidises MediAsas premiums by $49 for SME workers

LIAM welcomes the first-year subsidy for eligible SME employees under Budget 2027. Malaysia will subsidise the first-year MediAsas medical insurance premiums of eligible small- and medium-sized enterprise (SME) employees by…

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Singapore insurers face shift from coverage to adequacy
NewsOctober 15, 20262 min read

Singapore insurers face shift from coverage to adequacy

About 53% of residents see insurance as supporting financial independence. Singapore insurers should focus less on expanding coverage and more on whether policies provide enough protection as customers increasingly plan…

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NewsOctober 15, 20262 min read

Singlife weighs AI speed against human oversight

The insurer keeps complex and sensitive cases with staff as automation expands across customer service. Singlife is expanding artificial intelligence across customer service whilst setting limits on which enquiries can…

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Life insurers face pressure as retirement savings shift
NewsOctober 15, 20262 min read

Life insurers face pressure as retirement savings shift

Retirement planning now involves more individual decisions about inheritance and long-term care. Life insurers face growing competition as more people take responsibility for managing their retirement savings, increasing demand for…

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Philippine legacy planning leaves 82% fearing wealth loss
NewsOctober 14, 20262 min read

Philippine legacy planning leaves 82% fearing wealth loss

Sun Life finds that 50% of respondents identify beneficiary preparedness as their biggest concern. More Filipinos are taking a structured approach to legacy planning, focusing on educational opportunities and heir…

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Tata AIA eases wellness targets for insurance rewards
NewsOctober 14, 20262 min read

Tata AIA eases wellness targets for insurance rewards

The insurer has added Health Connect integration to track heart rate and activity. Tata AIA Life Insurance has relaunched its Vitality wellness programme in India, lowering the daily step target…

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HSBC Life expands cross-border healthcare with four new lounges
NewsOctober 14, 20262 min read

HSBC Life expands cross-border healthcare with four new lounges

Policyholders in Hong Kong and mainland China can access appointment and medical escort services. HSBC Life is expanding its cross-border healthcare services with four new Care+ Premium Lounges in Shanghai,…

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Can insurers turn AI spending into gains beyond underwriting?
NewsOctober 14, 20262 min read

Can insurers turn AI spending into gains beyond underwriting?

Product development gained 8.9 percentage points in GlobalData’s AI survey. Insurers are expanding artificial intelligence (AI) beyond assessing risks and pricing policies as spending on the technology accelerates, raising questions…

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Zurich, ShopeePay target Malaysia’s insurance gap online
NewsOctober 14, 20263 min read

Zurich, ShopeePay target Malaysia’s insurance gap online

Some 67% of surveyed buyers would not have bought cover without online exposure. Zurich Malaysia and ShopeePay Malaysia Sdn. Bhd. are using e-commerce and digital payments to sell critical illness…

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Hong Kong extends mandatory insurance without extra premiums
NewsOctober 14, 20262 min read

Hong Kong extends mandatory insurance without extra premiums

Policies issued before 31 July previously excluded the port area because of territorial restrictions. Hong Kong has extended mandatory motor and employees’ compensation (EC) insurance coverage to the Huanggang Port…

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