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Monday, July 27, 2026

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The AI transformation is reaching its limit, insurance executives warn at ITC Asia
July 2 2026
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
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Prudential-HCL venture becomes India's eighth standalone health insurer after IRDAI approval
July 2 2026
The approval marks the regulator's third insurance licence this year and expands Prudential's presence in India's insurance market.
irdai-targets-zero-commission-model-on-bima-sugam-digital-marketplace-report
Bima Sugam to roll out first insurance products by September-end
July 2 2026
Motor, health and term cover will lead the digital marketplace's phased launch, which insurers are racing to connect to after technology delays.
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ARPC urges greater catastrophe pooling as climate risks intensify across Asia
July 2 2026
ARPC underscores the importance of government-backed pools and regional data sharing in sustaining catastrophe insurance affordability.
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India to outpace global peers with 10.5% annual premium growth through 2036: Allianz
July 2 2026
Despite low penetration and high out-of-pocket healthcare costs, India’s insurance market is poised for sustained double-digit growth across life, non-life and health segments, says Allianz.
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Specialist Risk Group acquires Superian Insurance to strengthen presence in APAC, Middle East
July 1 2026
The deal strengthens SRG’s position in specialty risk distribution, particularly across healthcare and liability lines.
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Returning Asian and London capacity adds to ANZ reinsurance oversupply at 1.7 — Gallagher Re
July 1 2026
Cat rates on loss-free programmes fell 12.5% to 17.5% in Australia and New Zealand, with pro rata ceding commissions rising by up to 5%.
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Australian broker code body refers two firms to ASIC over strata insurance conflict concerns
July 1 2026
The review examined seven brokers that collectively operate with 1,088 representatives in strata management.
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VIG Re gets green light for Singapore base
July 1 2026
Swiss Re veteran Wilfrid Goh will lead the office as the reinsurer pushes deeper into Asia under its VIGRe28 strategy.
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Japan's Aflac Life confirms data breach exposing information of 4.38m customers
July 1 2026
The insurer has suspended affected online services and alerted authorities after unauthorised access continued over a 10-day period.
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