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This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley
NewsSeptember 15, 20262 min read

This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley

Philippine-based GCash is giving away insurance coverage to borrowers of GLoan feature. The insurance industry saw a week marked by rapid growth in AI adoption, signs of slowing premium growth…

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Sri Lankan insurers brace for 2025 profit squeeze as non-motor losses mount
NewsSeptember 15, 20262 min read

Sri Lankan insurers brace for 2025 profit squeeze as non-motor losses mount

Low retention and strong reinsurance keep most rated credit profiles intact. Sri Lankan insurers’ losses from the Ditwah Cyclone are expected to increase demand for non-motor coverage and comprehensive motor…

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Credit, political risk insurance softens as underwriter shortage drives up costs
NewsSeptember 14, 20262 min read

Credit, political risk insurance softens as underwriter shortage drives up costs

New entrants face rising hiring bills and heavier expense ratios in 2026. The credit and political risk insurance (CPRI) market achieved strong growth and high profitability throughout 2025, Howden Re…

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Prudential buys 19% of SHS for $375m to lift stake to 70%
NewsSeptember 14, 20261 min read

Prudential buys 19% of SHS for $375m to lift stake to 70%

Minority profit and equity attribution falls as the partner holding drops to 30%. Prudential Plc. said it will acquire a further $375m or 19% of Sri Han Suria Sdn. Bhd.…

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Malaysian Re may face pressure as AM Best warns of softening market
NewsSeptember 14, 20261 min read

Malaysian Re may face pressure as AM Best warns of softening market

Earnings were described as robust in the first half of fiscal 2026. Malaysian Reinsurance faces catastrophe risks from both its local and overseas portfolios, but these risks are partly reduced…

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Meiji Yasuda faces equity and forex risk despite stable book
NewsSeptember 14, 20261 min read

Meiji Yasuda faces equity and forex risk despite stable book

AM Best points to large market-sensitive investments within a solid capital base. Despite Meiji Yasuda Life Insurance Company possibly facing persistent equity and foreign exchange risks, AM Best expects a…

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Markel promotes Ben House as energy, power director as firm merges energy teams
NewsSeptember 14, 20261 min read

Markel promotes Ben House as energy, power director as firm merges energy teams

House oversee the firm’s power portfolio and energy team. Markel Insurance announced the promotion of Ben House to director of energy and power, effective immediately. In his new role, House…

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Thai Life’s earnings to climb 6% this year amidst higher premiums
NewsSeptember 14, 20261 min read

Thai Life’s earnings to climb 6% this year amidst higher premiums

An industry shift toward co-payment health plans could limit its market share growth. Thai Life Insurance (TLI) is expected to post modest near-term earnings due to a high base in…

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Hong Kong 9M 2025 premiums hit $82.8b as growth surges 32.5%
NewsSeptember 14, 20263 min read

Hong Kong 9M 2025 premiums hit $82.8b as growth surges 32.5%

Revenue premiums from in-force policies climbed 36.6% to reach a total of $72b. Hong Kong’s total gross premiums for the first three quarters of 2025 reached $82.8b (HK$637b), up 32.5%…

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Japan insurance market lags as Asahi ransomware breach hits millions
NewsSeptember 14, 20262 min read

Japan insurance market lags as Asahi ransomware breach hits millions

Cybercrime becomes top Japan business risk as 61% fear attacks. Cyber risks are emerging as a major concern for Japanese business owners, yet insurance coverage remains “underdeveloped,” according to the…

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