AI – (Re)in Asia

AI

japans-paypay-to-acquire-70-2-stake-in-td-financial-life-for-us840-2m

Softbank's PayPay to acquire 70% stake in T&D Financial Life for US$840m

June 4 2026

The transaction would give PayPay a direct foothold in Japan’s life sector and create new cross-selling options with its existing customer base.

ai-set-to-reshape-insurance-but-most-carriers-lag-on-readiness-am-best-survey

Indian IT firm Coforge rolls out tech platform targeting modernisation of insurance operations

June 4 2026

Nexa platform aims to streamline underwriting, claims, and product development through AI integration.

Manulife Hong Kong taps Alibaba Cloud to scale AI innovation

June 2 2026

The partners aim to establish a joint AI hub to incubate next-generation applications and develop innovative use cases.

Mahindra, Manulife set up India life insurer as JV plans advance

June 1 2026

The incorporation of Mahindra Manulife Insurance marks an early step in the companies push to address India’s protection gap with a digital-first model.

apra-flags-ai-governance-cyber-resilience-and-supply-chain-pressures-in-latest-system-risk-review

APRA flags cyber, AI, and supply chain threats as key risks for insurers

May 26 2026

The regulator warned that rising cyber threats and heavy reliance on a small pool of critical service providers could amplify operational shocks.

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Data-led renewals in focus as APAC employee benefits costs rise – Pacific Prime

May 22 2026

AI use in claims, risk assessment and fraud detection is becoming more relevant as employers seek more targeted ways to manage benefits spend.

ASIC flags governance gaps in tech-led insurance innovation

May 21 2026

The Australian regulator highlights emerging conduct, accountability and governance challenges as insurers expand AI use and distribution through digital platforms.