Business type

byd-offers-insurance-backed-coverage-to-drive-adoption-of-assisted-driving-systems

BYD offers insurance guarantee for assisted-driving systems

June 1 2026

The Chinese EV maker will cover repair costs and compensation for accidents under its God's Eye assisted-driving system, and has pledged that claims will not raise policyholders' premiums.

am-best-places-labuan-re-ratings-under-review-on-mnrb-80-acquisition-plan

AM Best places Labuan Re under review as MNRB moves to buy 80% stake

June 1 2026

The deal, valued at US$100.69m, is set to close in Q4, with ratings under review pending completion and assessment of Labuan Re’s credit fundamentals.

Eastspring Investments appoints Fanny Lee as head of intermediary sales for Hong Kong

June 1 2026

Lee joins the asset manager with more than 25 years of private wealth distribution experience across Hong Kong and Greater China.

philippines-finance-chief-faces-ombudsman-complaint-over-alleged-php167bn-state-insurers-fund-transfers

Philippines finance chief faces Ombudsman complaint over US$2.7bn transfer from state insurers

May 29 2026

Finance Secretary Ralph Recto rejected the complaint as harassment, stating PHP60bn (US$973.7m) had been returned to PhilHealth.

Specialty lines under extreme stress as Hormuz crisis tests reinsurance resilience — Howden Re

May 29 2026

A surge in claims and premiums across marine and war-related insurance is testing specialty markets, while reinsurers hold steady on capacity.

Thailand’s OIC rolls out second ASEAN life insurance leadership programme targeting ageing risks

May 29 2026

The initiative brings together regulators and industry executives across ASEAN to discuss longevity, AI adoption and resilience in the life insurance sector.

seadrif-launches-first-anticipatory-drought-insurance-pilot-in-laos

SEADRIF, UN's FAO launch anticipatory drought insurance pilot in Laos

May 29 2026

As mainland Southeast Asia braces for a potential return of El Niño in 2026–27, SEADRIF and the FAO have rolled out an index-triggered drought insurance pilot in Laos.