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Philippine state pension fund profit nearly triples in Q1 2026
NewsAugust 18, 20261 min read

Philippine state pension fund profit nearly triples in Q1 2026

Total income rose 43.83% to $1.5b. The Philippines’ Government Service Insurance System reported net income of $697.6m (P43.6b) in the first quarter of 2026, up 170% from $257.6m (P16.1b) in…

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Manulife Hong Kong taps Alibaba Cloud for AI push
NewsAugust 18, 20261 min read

Manulife Hong Kong taps Alibaba Cloud for AI push

The insurer will test AI uses across customer service fraud checks and operations. Manulife Hong Kong has signed a partnership with Alibaba Cloud to explore the use of artificial intelligence…

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FWD names Jeffrey Woo to lead Indonesia unit
NewsAugust 17, 20261 min read

FWD names Jeffrey Woo to lead Indonesia unit

Woo previously served as Chief Bancassurance Officer at FWD Thailand. FWD Group Holdings Limited appointed Jeffrey Woo as President Director of PT FWD Insurance Indonesia, following approval from the Financial…

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Ping An Home targets post-claim insurance model
NewsAugust 17, 20261 min read

Ping An Home targets post-claim insurance model

Ping An said the service shifts insurance toward full-lifecycle health support. Ping An Insurance has launched a new health management service brand, “Ping An Home”, as part of its strategy…

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FuSure targets double-digit premium growth to 2028
NewsAugust 17, 20261 min read

FuSure targets double-digit premium growth to 2028

AM Best said the reinsurer showed a strong balance sheet after 2 capital injections. FuSure Reinsurance Company Limited expects to sustain double-digit premium growth through 2028, supported by a stronger…

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Aon operates capability centres across three Indian cities
NewsAugust 17, 20261 min read

Aon operates capability centres across three Indian cities

Client-facing offices in 17 other cities serve local customers, including Mumbai and Delhi. Aon has expanded its global capability centre in Bengaluru with a new facility at The Earth Centre…

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NewsAugust 17, 20262 min read

Hong Kong patients delay care over unclear costs

Prudential says 6 in 10 patients in Hong Kong delay treatment as out-of-pocket payments remain uncertain. Hong Kong patients are delaying healthcare because they do not know what treatment will…

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This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV
NewsAugust 17, 20263 min read

This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV

Foreign workers in Vietnam working under contracts covered by state social insurance. The insurance industry from 1 to 5 June saw accelerated AI adoption, expanding distribution and technology partnerships, regulatory…

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Cambodia premiums rise 3% as life claims jump in March
NewsAugust 17, 20261 min read

Cambodia premiums rise 3% as life claims jump in March

Gross cover reached $8b whilst general lines carried most insured value. Cambodia’s total gross insurance premiums increased by 3% to $32.02m in March 2026, up from $30.94m in March 2025.…

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China Life outpaces rivals with 17% inflow rise
NewsAugust 17, 20262 min read

China Life outpaces rivals with 17% inflow rise

Its Southbound inflows were highest growth amongst Chinese life insurers. China Life Insurance is experiencing a significant rebound in investment from mainland buyers, separating itself from industry competitors.  According to…

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Global insurance market to hit $20t by 2035t

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