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This week in insurance: New partnerships roll out, hiring outlook steady, and tech spending ramps up
NewsSeptember 1, 20263 min read

This week in insurance: New partnerships roll out, hiring outlook steady, and tech spending ramps up

Etiqa Insurance Singapore and AIA Singapore have also partnered for takaful solutions. The insurance industry from 23 to 27 March saw new partnerships and product launches, steady hiring expectations, continued…

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Wong Sze Keed builds people‑first culture at AIA
NewsSeptember 1, 20266 min read

Wong Sze Keed builds people‑first culture at AIA

‘Leadership must be anchored in clarity, courage and humanity.’ For Wong Sze Keed, becoming CEO at AIA Singapore Pvt. Ltd. at the height of the COVID‑19 pandemic was less a…

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Construction insurance rises amidst $38.5b market strain
NewsSeptember 1, 20262 min read

Construction insurance rises amidst $38.5b market strain

Excess cover increased 8% to 15% with steeper moves on riskier builds. The global construction insurance market is valued at $38.5b, driven by a mix of stable rates in some…

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Political risk insurance gains as 1 in 4 expect growth
NewsSeptember 1, 20262 min read

Political risk insurance gains as 1 in 4 expect growth

Insurers may face tougher pricing decisions as geopolitical uncertainty persists. The political risk insurance market will see a sharp increase in demand amidst rising tensions involving the US, Israel and…

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New Zealand insurers recover profits as premiums surge 8.6%
NewsSeptember 1, 20262 min read

New Zealand insurers recover profits as premiums surge 8.6%

The sector posted $7.8b in total premiums in 2024 after steep repricing. New Zealand’s insurance sector has seen a recovery in profitability after a period of heavy losses, according to…

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PVI Insurance’s strength masks risks from payouts and reinsurance
NewsSeptember 1, 20261 min read

PVI Insurance’s strength masks risks from payouts and reinsurance

Its balance sheet is projected to stay at the highest level. PVI Insurance Corporation’s underwriting performance is expected to remain robust over the medium term, supported by profitable results in…

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APAC insurers face margin squeeze as Middle East conflict drags
NewsSeptember 1, 20262 min read

APAC insurers face margin squeeze as Middle East conflict drags

Rising energy bills and supply bottlenecks threaten to lift expenses and worsen claim trends. Geopolitical tensions and supply-chain disruptions from the Middle East conflict are expected to pressure the Asia-Pacific…

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How 27% of Australians rank health insurance amongst the top 3 bill worries
NewsSeptember 1, 20262 min read

How 27% of Australians rank health insurance amongst the top 3 bill worries

Consumer Sentiment Tracker shows cover is already a major source of recurring payment strain. Australian households are losing hundreds of dollars annually by failing to review their private health insurance,…

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Aditya Birla Health Insurance study cuts preventable claims by 31%
NewsAugust 31, 20262 min read

Aditya Birla Health Insurance study cuts preventable claims by 31%

The analysis covered diabetes, hypertension, dyslipidaemia, obesity and asthma. Aditya Birla Health Insurance Co. Limited reported that active health coaching reduced preventable insurance claims by 31%, based on a study…

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Affluent Asians leave $5.7b unprotected despite planning intent
NewsAugust 31, 20262 min read

Affluent Asians leave $5.7b unprotected despite planning intent

Three-fifths of wealthy respondents still have no formal legacy structure in place. Almost three-quarters of high-net-worth individuals (HNWIs) said they are fully aware of legacy planning and plan to act…

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