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Southeast Asia insurers risk profit hit from weak data systems
NewsAugust 23, 20263 min read

Southeast Asia insurers risk profit hit from weak data systems

Igloo CEO says outdated infrastructure limits AI gains despite rising spending. Southeast Asian general insurers could lose up to four percentage points in profitability if they deploy artificial intelligence (AI)…

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Navi adds 4 partners, expands cashless motor claims network to 1,600
NewsAugust 23, 20261 min read

Navi adds 4 partners, expands cashless motor claims network to 1,600

ReadyAssist will provide 24/7 roadside assistance to over 19,000 pin codes. Navi General Insurance, the insurance arm of India-based financial services provider Navi, has announced three partners for its “Cashless…

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Nearly half of APAC insurers rank reporting as top compliance challenge
NewsAugust 23, 20262 min read

Nearly half of APAC insurers rank reporting as top compliance challenge

Only 5% of respondents rated regional compliance capabilities as weak. Insurers across the Asia-Pacific region remain divided over how to manage regulatory compliance, with smaller firms focused on reporting demands,…

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Japan P&C market to hit $80b as cyber surges 17%
NewsAugust 23, 20262 min read

Japan P&C market to hit $80b as cyber surges 17%

Automobile insurance held 50.38% of the market in 2025. Japan’s property and casualty insurance market is expected to grow from $71.75b in 2026 to $80.09b by 2031, representing a compound…

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Activ Yuva ties insurance to young Indians’ lifestyle
NewsAugust 23, 20262 min read

Activ Yuva ties insurance to young Indians’ lifestyle

Coverage and rewards now shift with daily activity sleep and nutrition tracking. Aditya Birla Health Insurance Co. Ltd. (ABHICL) has launched Activ Yuva, a health insurance plan for young Indians…

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AXA China launches instant-issue health plan with 3-question policy sign-up
NewsAugust 22, 20261 min read

AXA China launches instant-issue health plan with 3-question policy sign-up

It has no deductibles for covered services within the coverage area, AXA said. AXA Global Healthcare China has launched the SmartCare Essential Pro Plan, promising a simpler application process and…

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Indian women shift to long-term risks as insurance cover rises
NewsAugust 22, 20262 min read

Indian women shift to long-term risks as insurance cover rises

Women with four or more policies focused more on outbreaks and large disruptions. Women in India are shifting their financial concerns from immediate money pressures to longer-term risks as insurance…

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SBI General urges active planning as medical bills climb
NewsAugust 22, 20261 min read

SBI General urges active planning as medical bills climb

SBI General Insurance offers cashless hospitalisation, amongst others. SBI General Insurance launches health campaign as India’s National Statistical Office data shows that hospitalisation now costs Indian families more than $355…

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Sun Life’s Philippine HQ switches to 100% geothermal power
NewsAugust 22, 20261 min read

Sun Life’s Philippine HQ switches to 100% geothermal power

The facility already has rainwater harvesting and double-glazed windows, amongst others. Sun Life Philippines’ head office in Bonifacio Global City is now run by geothermal power. The building is now…

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Policybazaar rolls out annual insurance for India domestic travel
NewsAugust 22, 20261 min read

Policybazaar rolls out annual insurance for India domestic travel

It covers lost checked-in baggage, trip cancellations, and even home burglary. Policybazaar has launched annual travel insurance for domestic travel in India. The annual plan offers personal accident cover of…

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