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Taiwan life insurers sell 363,831 spillover contracts in Q1 2026
NewsAugust 17, 20261 min read

Taiwan life insurers sell 363,831 spillover contracts in Q1 2026

First-year income from these products reached NT$24.32b. Taiwan’s life insurers sold 363,831 new spillover-effect insurance contracts in the first quarter of 2026, up 44% from 253,136 in the same period…

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Liberty General launches cyber cover amidst system failure risks
NewsAugust 17, 20261 min read

Liberty General launches cyber cover amidst system failure risks

Approved incident counsel removes retention for incident coach services. Liberty General Insurance has launched Liberty Cyber Resolution in India, a cyber insurance product designed to support organisations facing rising cyber…

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How can insurers keep up as private market bets grow?
NewsAugust 17, 20262 min read

How can insurers keep up as private market bets grow?

Only 23% are confident systems can handle complex portfolios. Asia-Pacific insurers are raising exposure to private markets and artificial intelligence (AI), but outdated systems are slowing their ability to manage…

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Singapore finance employers to cut jobs in Q3 2026
NewsAugust 17, 20262 min read

Singapore finance employers to cut jobs in Q3 2026

ManpowerGroup linked weaker plans to consolidation and optimisation. Singapore’s finance and insurance sector is expected to cut headcount in the third quarter of 2026. The sector recorded a Net Employment…

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Allianz Partners buys nib travel insurance assets
NewsAugust 17, 20261 min read

Allianz Partners buys nib travel insurance assets

The transaction still needs regulatory approval in Australia and New Zealand. Allianz Partners has signed an agreement to acquire a major portion of nib Group’s travel insurance portfolio in Australia…

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Coface appoints James Yau to lead Southeast Asia push
NewsAugust 17, 20261 min read

Coface appoints James Yau to lead Southeast Asia push

Yau will be based in Singapore and will start the role from 5 June 2026. Coface has appointed James Yau as head of Commercial for Southeast Asia and head of…

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Hong Kong Insurance Authority tightens commission rules as HKMA raises pressure
NewsAugust 17, 20261 min read

Hong Kong Insurance Authority tightens commission rules as HKMA raises pressure

Banks, financial institutions selling long-term policies face prorated pay expectations. Hong Kong’s Insurance Authority (IA) has issued a directive reminding long-term insurers and licensed insurance intermediaries to align with new…

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Korea P&I faces volatility risk from large claims over near term
NewsAugust 16, 20262 min read

Korea P&I faces volatility risk from large claims over near term

AM Best said the club’s small capital base leaves earnings exposed. Korea P&I Club’s relatively small capital base leaves it exposed to potential earnings volatility from large claims, but its…

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Igloo deploys AI travel insurance sales channel in Indonesia
NewsAugust 16, 20262 min read

Igloo deploys AI travel insurance sales channel in Indonesia

It handles discovery to policy issuance in single conversational flow. Singapore-based insurance technology company Igloo has launched an AI-powered travel insurance assistant in Indonesia that completes the full purchase journey…

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Hong Kong insurers face sales drag from China clampdown
NewsAugust 16, 20262 min read

Hong Kong insurers face sales drag from China clampdown

Mainland visitor policies historically account for about 30% of life sector new business. Hong Kong insurance companies face potential sales slowdowns and increased compliance costs as regulators clamp down on…

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