AI progress in insurance is being slowed less by the technology itself than by legacy systems, unresolved accountability questions and procurement cycles that can't keep pace, executives warned
AI’s payback period may be longer than expected, as costs, timelines and benefits remain difficult to separate and quantify, industry experts said at ITC Asia.
The AI Cohort Symposium 2026 saw first-batch participants report gains across underwriting, claims and customer service, while newcomers Manulife, BOC Life and China Life unveiled new plans.
Record issuance and steady returns are drawing broader investor interest, but stronger data, transparency, ratings and regulatory confidence remain critical for Asia to scale participation.
Climate risk, geo-economic fragmentation and asset-intensive strategies are emerging as the new fault lines for oversight, though the global sector remains resilient with risks still below those in ba...
Climate risks and rising costs are widening protection gaps across Asia's insurance market, driving companies to captives and self-insurance and posing a challenge for insurers.
(Re)insurers face interconnected risks from climate change, geoeconomic fragmentation, demographic shifts and digital transformation that require new approaches, say experts at SIRC.
Singapore’s central bank will reduce capital charges for financial institutions investing in sustainable infrastructure projects, with BlackRock, Brookfield, Clifford and Macquarie showing interest in...
