News

AI will reshape insurance but cannot replace empathy: CEOs

It is improving efficiency and should not erode personalisation and face-to-face interactions.
2 days ago

Policybazaar rolls out annual insurance for India domestic travel

It covers lost checked-in baggage, trip cancellations, and even home burglary.
2 days ago

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

The facility already has rainwater harvesting and double-glazed windows, amongst others.
2 days ago

SBI General urges active planning as medical bills climb

SBI General Insurance offers cashless hospitalisation, amongst others.
3 days ago

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.
3 days ago

Activ Yuva ties insurance to young Indians’ lifestyle

Coverage and rewards now shift with daily activity sleep and nutrition tracking.
3 days ago

Manulife Asia earnings jump 22% to $598m on sales growth

It saw growth across its annualised premium equivalent sales.
3 days ago

Raise Financial acquires GILB in $15m bet to build direct insurance platform

Raise said that it has received all required regulatory approvals to acquire GIBL.
4 days ago

Insurance growth strains trust at claims stage

Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
4 days ago

Indonesia's financial sector urged to shift from expansion to resilience

The country’s 5% growth is no longer a green light for risk-taking, an economist warns.
4 days ago

Banks and insurers must chase AI value creation, not cost savings

They should consider AI as an operating system by itself, not whether it can write them a system.
4 days ago

Margin pressure forces banks off board-rate deposit pricing

Deposit pricing strategies shift as competition tightens funding conditions.
4 days ago

Insurers told tech alone won’t solve rising complexity in Indonesia

Indonesia’s insurance penetration remains low at 2.72% despite rapid AI adoption.
4 days ago

Indonesian banks pursue SMEs, emerging affluent in fintech battle

Financial institutions are bracing for the ‘invisible banking' era.
4 days ago

Why channel reliability trumps promotions in Indonesia's bank loyalty war

Consumers don't want e-channels that are constantly down or lags.
4 days ago