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This week in insurance: New health and cyber products launch, Japan solvency remains strong, AI focus intensifies
NewsAugust 29, 20263 min read

This week in insurance: New health and cyber products launch, Japan solvency remains strong, AI focus intensifies

Reinsurance renewals at 1 April continued the softening trend. The insurance industry from 6 to 10 April saw a strong mix of product innovation, strategic retirement and cyber protection partnerships.…

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Asia and India reinsurance prices fall on excess capacity: Marsh
NewsAugust 29, 20262 min read

Asia and India reinsurance prices fall on excess capacity: Marsh

Japan saw double-digit price drops in property catastrophe and property per risk lines. Reinsurance prices in Asia and India fell during the April 1 renewal season as an increase in…

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APAC pension markets expand as global assets hit $68.3t
NewsAugust 29, 20262 min read

APAC pension markets expand as global assets hit $68.3t

Japan remains a major contributor. Global pension assets were estimated at $68.3t in 2025, as defined contribution (DC) savings continued to drive growth, according to the Thinking Ahead Institute’s (TAI)…

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Airlines face rising insurance premiums amidst Middle East conflict
NewsAugust 29, 20262 min read

Airlines face rising insurance premiums amidst Middle East conflict

Insurers and brokers are helping airlines develop programmes that reward better risk management. Ongoing conflict in the Middle East is increasing operational and insurance pressures for airlines across Asia, according…

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Ping An upgrades AI services for 251 million customers
NewsAugust 29, 20261 min read

Ping An upgrades AI services for 251 million customers

In 2025, Ping An recorded approximately 90 million monthly online users. Ping An Insurance (Group) announced major upgrades to its artificial intelligence (AI)‑powered Express Service and Global Emergency Assistance, marking…

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Coface appoints Darren Chan to lead Malaysia and Philippines
NewsAugust 29, 20261 min read

Coface appoints Darren Chan to lead Malaysia and Philippines

Prior to his current appointment, he was the head of Commercial of Coface Japan.  Coface, a trade credit risk management company, has appointed Darren Chan as Country Manager for Malaysia…

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Hong Kong reviews medical insurance on affordability concerns
NewsAugust 28, 20262 min read

Hong Kong reviews medical insurance on affordability concerns

The regulator also said it plans to introduce further measures to support the captive insurance market. Hong Kong’s Insurance Authority is reviewing medical insurance products, with a focus on coverage,…

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Trade credit insurers face higher default risk from Middle East conflict
NewsAugust 28, 20262 min read

Trade credit insurers face higher default risk from Middle East conflict

Geopolitical and political risk is now cited as the top concern by 65% of firms. The conflict in the Middle East is increasing pressure on trade credit insurance and risk…

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Kyobo Life net profit rises 9.2% despite weaker core business
NewsAugust 28, 20261 min read

Kyobo Life net profit rises 9.2% despite weaker core business

Insurance profit for the year also dropped 17.3%. Kyobo Life reported a net profit of $0.5b (KRW763.2b) for the 2025 fiscal year, a 9.2% year-on-year increase. This growth reversed a…

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How can APAC insurers close the gap on climate risk readiness?
NewsAugust 28, 20263 min read

How can APAC insurers close the gap on climate risk readiness?

Physical climate risk is now seen as a wider financial threat beyond underwriting. Asia-Pacific (APAC) insurers face mounting pressure to boost underwriting and risk planning as extreme weather drives insured…

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