Business type

Tonga officials receive a cheque from Bank South Pacific for drought relief funds.

PCRIC releases further payout to Tonga as drought conditions persist

August 6 2026

The US$34k payment will support drought preparedness in Ha'apai and Tongatapu under the country’s parametric cover, backed by GSSP.

Five executives in suits cut a ceremonial ribbon at a launch event, flanked by orange and blue lion dancers on stage with a blue backdrop.

Ascend Asia opens Singapore wealth centre

August 6 2026

The move marks the latest expansion by Ascend Asia following a recent insurance distribution partnership with FWD.

AI and insurtech funding growth in 2023, featuring stacked coins and digital AI graphics.

Global insurtech funding hits four-year high of US$2.44bn in Q2 as AI dominates — Gallagher Re

August 6 2026

AI-labelled InsurTechs captured 99.1% of all funding, while early-stage investment dropped to a four-quarter low.

Swiss Re Corporate Solutions announces exclusive partnerships in India, Mexico

August 6 2026

The insurer has partnered with Bajaj General Insurance and GNP Seguros to serve multinational clients and local firms with international operations.

Prudential Financial targets US$3bn from emerging-market exits

August 6 2026

The insurer plans to focus on its Japan, US, and Europe operations and redirect resources to capital-light businesses.

Manulife Asia posts 13% NBV growth in Q2 as sales surge

August 6 2026

Hong Kong remained Manulife Asia's largest contributor in Q2 2026, while Japan and Singapore recorded the fastest growth in new business CSM.

Markel hires Zurich's Audrey Pang as first Hong Kong claims specialist

August 6 2026

She reports to Asia claims head Bo Yu and will manage claims from Markel's Hong Kong and China portfolio, with a focus on professional and financial risks.

Modern cityscape with tall buildings near GIFT City, India, at sunset.

EarthRe secures IFSCA licence, becomes GIFT City's first incorporated reinsurer

August 6 2026

The technology-led start-up will underwrite natural catastrophe, climate, property, crop and specialty risk.

Hong Kong skyline with skyscrapers and Victoria Harbour, reflecting Asia's HNW insurance race.

Asia's HNW insurance race intensifies as insurers compete on scale, service and global reach

August 6 2026

As the region's wealthy population expands, insurers are investing in global HNW platforms and bigger underwriting limits while navigating emerging risks from premium financing and portfolio concentra...