Insurance Asia

MSIG says profitability now requires improving the entire value chain, not just raising premiums or tightening underwriting.

The industry reached $3.36b in April 2026.

Regulators raised concerns over business models enabling non-compliant capital outflows.

The company said the first-quarter result was its highest in this category to date.

Cyberport joined the competition to develop practical artificial intelligence solutions.

The policy requires a single investment and runs for five years.

Stephen Yiu said insurers are showing stronger ownership in strategy selection.

Growth will be driven by rising protection demand, digital innovation, underserved markets, and ageing populations.

The board shake-up takes effect 1 July as the firm advances governance reset.

CreditSights said tighter rules weakened demand for savings-type policies.

The plan combines long-term savings with life insurance protection.

The specialist group outperformed commercial casualty in 8 of the past 10 years.

The appointment takes effect on 1 July with Dando reporting to Helene Madell.

AM Best expects profitability within five years of launch.