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Sompo lifts earnings target to $3.1b amidst improved auto and fire business
NewsSeptember 6, 20261 min read

Sompo lifts earnings target to $3.1b amidst improved auto and fire business

Profitability is expected to improve further in the domestic non-life insurance segment. Morningstar expects stronger profitability for Sompo Holdings in the coming years, supported by higher insurance premiums and improving…

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Great Eastern rolls out private platform as OCBC group access widens
NewsSeptember 6, 20262 min read

Great Eastern rolls out private platform as OCBC group access widens

It combines tailored coverage with a selected panel spanning trust health and international tax support. Great Eastern launched the Great Eastern Private to deliver a new suite of solutions and…

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7 in 10 Filipinos delay retirement due to financial insecurity
NewsSeptember 6, 20262 min read

7 in 10 Filipinos delay retirement due to financial insecurity

Many are unsure they can retire, and half say they need to save more first. Seventy-two per cent of Filipinos expect to keep working past the retirement age of 65,…

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Hong Kong regulator fines three brokers $55,770 over AML breaches
NewsSeptember 6, 20261 min read

Hong Kong regulator fines three brokers $55,770 over AML breaches

Compliance gaps revealed weak controls for identifying politically exposed clients. Hong Kong’s Insurance Authority (IA) reprimanded and fined three licensed insurance brokerages a total of $55,770 (HK$429,000) for failing to…

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Financial institutions drive 2,000 M&A deals amidst tech pressure
NewsSeptember 6, 20262 min read

Financial institutions drive 2,000 M&A deals amidst tech pressure

But hidden liabilities could emerge after transactions close. Global mergers and acquisitions activity is picking up in 2026, with financial institutions amongst the most active buyers as they respond to…

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Markel appoints Ravi Jain to expand India distribution
NewsSeptember 6, 20261 min read

Markel appoints Ravi Jain to expand India distribution

Mumbai-based hire will report to managing director Deepika Mathur. Markel Insurance appointed Ravi Jain as Business Development and Distribution lead – India. Based in Mumbai, Jain will partner closely with…

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AM Best says Zurich $11b Beazley deal impact manageable
NewsSeptember 6, 20261 min read

AM Best says Zurich $11b Beazley deal impact manageable

The acquisition financing includes existing cash new debt and an equity placing. AM Best expects Zurich Insurance Group Ltd.’s plans to acquire all of Beazley’s shares for about $11b will…

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Pru Life UK Cebu move packs 1,000 workers into 12,130 sq ft
NewsSeptember 5, 20262 min read

Pru Life UK Cebu move packs 1,000 workers into 12,130 sq ft

The build follows the earlier BGC Manila opening, with multiple work settings for branch leaders. Pru Life UK unveiled a new workspace in Cebu City, Philippines, as part of a…

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Swiss Re taps Tamas Bown to run Asia-Pacific L&H Re unit
NewsSeptember 5, 20262 min read

Swiss Re taps Tamas Bown to run Asia-Pacific L&H Re unit

Bown returns to the region after leading the UK and Ireland unit that later added ME and Africa. Swiss Re has appointed Tamas Bown as its new Asia-Pacific (excluding China)…

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Nina Ong drives AI and talent upgrades at Great Eastern Life
NewsSeptember 5, 20264 min read

Nina Ong drives AI and talent upgrades at Great Eastern Life

The big boss credits their edge to diversity: over a third of senior roles are women. PT Great Eastern Life Indonesia is speeding up artificial intelligence (AI) adoption and operational…

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