Non-life

Three young women walk along a busy street with pink scarves draped over their heads; one looks down at a phone while the others adjust their scarves as cars pass by in the background.

Parametric heat insurance triggers payouts for over 39,000 women workers in India

July 3 2026

A total of ₹2.06m (US$21,700) was paid to insured women workers across Gujarat and Delhi.

Insurers compete on execution over strategy as AI-powered challengers catch up

July 3 2026

Executives at ITC Asia in Singapore said product cycles of 12 to 18 months are becoming unviable as challengers close capability gaps in months.

McLarens appoints Lam Choy Heng as Managing Director for Malaysia

July 2 2026

The move forms part of McLarens' broader strategy to strengthen local leadership and expand its presence in Southeast Asia.

indian-insurers-hedging-options-increase-as-rbi-allows-bond-forward-trading

RBI flags underwriting strain in general insurance, rise in life policy surrenders

July 2 2026

The central bank says these trends are weighing on insurers' profitability and could leave parts of the sector more vulnerable to future shocks.

Aerial view of a city skyline along a wide river, with a modern waterfront complex jutting into the water.

ANZ insurer consolidation drives further reinsurance price cuts: Aon

July 2 2026

The broker said reinsurers increasingly offered customised and multi-year solutions as competition intensified.

InsuranceDekho launches corporate arm in India led by Ranjeet Singh

July 2 2026

The new platform will use a technology-led approach for coverage gap assessment and claims analytics.

Corporate banner for PNB featuring a city skyline and a circular portrait of a man in a suit and glasses.

Malaysia's PNB appoints Rizal Rickman as President and Group CEO

July 2 2026

The leadership transition at MNRB Holdings Berhad's largest shareholder places Rizal Rickman at the helm of PNB.

Insurers turn to tech-enabled prevention as climate losses climb

July 2 2026

Speakers at ITC Asia set out how AI, satellite imagery and transition finance are reshaping underwriting, claims and investment across Asia Pacific.

Coface appoints Ivor Miric as APAC debt collection sales head

July 2 2026

He joins from Atracius Collections, where he has worked for over 12 years, most recently as collections manager for MEA and India.

QBE expands Evariste Yeung's remit to cover motor, A&H and householder across Asia

July 2 2026

The promotion expands Yeung's remit to include householder insurance alongside his existing regional motor responsibilities.

QBE gains full ownership of Indian JV after IRDAI approval

July 2 2026

The acquisition ends an 18-year joint venture with Prism Johnson and gives the Australian insurer full control of its India business.

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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