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This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
Meanwhile, demand for remote work in Singapore’s insurance sector increased 15.3%.
30 minutes ago
Swiss Re appoints Nicole Pieterse as next chief people officer
Swiss Re appoints Nicole Pieterse as next chief people officer
She has held senior HR roles across the financial services industry.
18 hours ago
S&P says rapid expansion could weaken Prudential outlook
S&P says rapid expansion could weaken Prudential outlook
Prudential will likely keep a strong capital buffer and steady profit growth.
18 hours ago
bolttech buys 2019-founded mTek to boost embedded insurance
bolttech buys 2019-founded mTek to boost embedded insurance
The platform works with major insurers including GA Insurance, Sanlam, and Britam.
18 hours ago
Income Insurance cuts data investigation time from hours to minutes
Income Insurance cuts data investigation time from hours to minutes
It will also improve overall productivity.
19 hours ago
Will AI copilots replace legacy insurance systems by 2026?
Will AI copilots replace legacy insurance systems by 2026?
Data shows executives trust generative AI at twice the rate of machine learning.
23 hours ago
Storm and fire losses deepen pressure on Hong Kong P&C earnings
Storm and fire losses deepen pressure on Hong Kong P&C earnings
The incident will add to diluted earnings but is unlikely to threaten overall solvency.
23 hours ago
Social media lawsuits surge, lifting insurers’ liability exposure
Social media lawsuits surge, lifting insurers’ liability exposure
Insurers may need to revisit policy wording and tighten risk selection.
1 day ago
Australia’s life insurance market set to hit $19.8b by 2029
Australia’s life insurance market set to hit $19.8b by 2029
Medical inflation remains one of the biggest drivers of rising claims costs.
1 day ago
Soaring insurance costs signal pressure on 2026 premiums in Singapore
Soaring insurance costs signal pressure on 2026 premiums in Singapore
Healthcare inflation rose to 4.0% year on year, up from 1.4% in September.
1 day ago
Remote job demand in Singapore insurance rises 15.3%
Remote job demand in Singapore insurance rises 15.3%
However, the overall job postings growth was offset by declines from the insurance sector.
1 day ago
Only 27% of next gen willing to lead family firms, legacy planning lags
Only 27% of next gen willing to lead family firms, legacy planning lags
The lack of structured succession planning leaves many businesses exposed.
1 day ago
Will regulatory shifts shape NZ non-life insurers’ outlook?
Will regulatory shifts shape NZ non-life insurers’ outlook?
New regulatory requirements continue to raise costs for insurers.
1 day ago
Labuan Re cuts processing time and boosts system performance
Labuan Re cuts processing time and boosts system performance
The new platform cut batch job processing times by up to 80%.
1 day ago
Marine specialist with 13 years’ experience takes Asia underwriting lead
Marine specialist with 13 years’ experience takes Asia underwriting lead
Tjornelund reports to Shah, CEO of Wholesale Markets Asia, QBE.
2 days ago
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Insurance
Taboos, low confidence stall legacy planning across Asia
Two-thirds of Asians fear their wealth will not outlast their children’s generation.
1 day ago
Ciputra Life eyes more clients beyond group network
![Ciputra Life eyes more clients beyond group network]()
Rising health benefit demand is driving deeper ties with firms and banks.
Insurance
Insurers must expand cyber protection as Singapore shipowners upgrade security
![Insurers must expand cyber protection as Singapore shipowners upgrade security]()
Insurers must update underwriting as cyber navigation disruptions rise.
Insurance
MSIG Malaysia ramps up data Investments to boost growth
![MSIG Malaysia ramps up data Investments to boost growth]()
Its CEO thinks industry growth lies in affordable insurance.
Insurance
Great Eastern bets on AI, specialised products in strategy revamp
![Great Eastern bets on AI, specialised products in strategy revamp]()
It plans to expand its products for high-net-worth people and SME owners.
IFG Life pushes early insurance ownership to lift uptake
![IFG Life pushes early insurance ownership to lift uptake]()
Many Indonesians do not see insurance as a priority.
Insurance
Sompo tests methane insurance as regulations tighten
![Sompo tests methane insurance as regulations tighten]()
Satellite monitoring and inspections help firms detect leaks and avoid fines.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireAwards
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AI isn’t replacing insurance, it’s finally making it work