Tata AIA launches AI and mid-cap funds for ULIPs
Offer period runs from 24 to 31 March, with entry pricing set at $0.11. Tata AIA Life Insurance has launched three new funds aimed at giving policyholders access to India’s…
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Etiqa and AIA expand Takaful access via 6,300 agents
It allows Takaful offerings to reach both Muslim and non-Muslim customers in Singapore. Etiqa Insurance Singapore and AIA Singapore have launched a distribution partnership to increase the availability of Shariah-compliant…
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Insurance M&A rises to 211 deals as APAC drives recovery
Regional transactions surge in APAC whilst global consolidation momentum struggles elsewhere. Global insurance mergers and acquisitions stabilised in 2025 following a significant market downturn the previous year. According to Clyde…
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HSBC Life pushes preventive care shift with new programme
It combines workplace programmes, insurance expansion, education and community initiatives. HSBC Life Singapore has launched a new wellness initiative aimed at improving access to preventive care and strengthening community health…
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APRA warns climate risks could leave 1 in 4 homes uninsured
The regulator assessed two severe scenarios covering weather losses and transition costs through to 2050. The Australian Prudential Regulation Authority (APRA) has released a stress test indicating that climate change…
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Automation threatens 43% of insurance tasks by 2030
Nearly all insurers are speeding up adoption as technology reshapes operational models. Automation could replace 43% of insurance tasks by 2030, whilst 97% of insurers are accelerating automation efforts, according…
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Markel expands APAC W&I with two underwriter hires
One appointment covers Singapore, Hong Kong, and other regional deal markets, whilst the other is based in Mumbai. Markel, the insurance arm of Markel Group Inc., has expanded its Warranty…
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Insurers face 13.8% IT surge as legacy systems drag
Property and casualty carriers are also projected to post a 12.9% rise this year. The insurance industry will likely have the largest increase in information technology (IT) budget spending this…
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Singapore health premiums jump 14.8% in February
The increase reflects a long-term repricing cycle rather than seasonal demand. Singapore’s health insurance premiums likely rose 14.8% year-on-year, driving the country’s overall core inflation to 1.4% in February, according…
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Allianz Malaysia adds 25% cover to push policy sales
Shield Plus users aged 40 and below qualify for the enhanced principal sum insured. Allianz Malaysia Berhad has launched a campaign offering 25% additional coverage on selected personal accident and…
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