Asia Pacific Insurance: Technology

Features and key stories

Glass-enclosed server rack in a dark lab with glowing fiber cables streaming out across the floor

Man in a navy suit and pink tie giving a speech at a blue podium labeled Insurance Authority.

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Munich Re looks to APAC life health and speciality lines at heart of new Ambition 2030 growth strategy

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Sedgwick sharpens Asia strategy with technology talent pipeline and specialist claims under Kerr

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A peek inside the tech toolbox - How Asias life insurers are making use of Gen AI

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AI-driven startups building solutions to help APAC insurers manage nat cat risk

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

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

APAC insurers see AI efficiency gains, but ROI remains hard to prove

AI’s payback period may be longer than expected, as costs, timelines and benefits remain difficult to separate and quantify, industry experts said at ITC Asia.

Quantum computing could unlock APAC pricing advantage

Actuaries are examining how quantum error correction breakthroughs could sharpen nat cat models and parametric pricing, though the technology would bring new risks.

Hong Kong insurers deepen AI push as regulator adds three to cohort programme

The AI Cohort Symposium 2026 saw first-batch participants report gains across underwriting, claims and customer service, while newcomers Manulife, BOC Life and China Life unveiled new plans.

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

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

APAC insurance outlook: Geopolitical unrest, technology to shape 2026

Maduro's capture sets the stage for a potentially turbulent 2026, in which insures will juggle geopolitical shifts, technology-linked challenges, and new regulatory frameworks.

Munich Re puts APAC life & health and speciality lines at the heart of five-year growth strategy

Business's new Ambition 2030 strategy aims to shift earnings away from volatile P&C reinsurance, while targeting €600m in annual cost savings by 2030.

How regulation is reshaping insurers’ finance functions

Regulatory-driven transformation is helping Asia's insurers to align finance, actuarial, and risk teams for broader business gains.

APAC insurers race ahead on AI with new ROI avenues, tighter governance

Insurers are restructuring governance and training to balance AI innovation with oversight and human expertise.

APAC insurers look to new tech to expand parametric solutions

Advances in data and AI are helping insurers design more tailored parametric products for SMEs and industries like tourism and event management.

Sedgwick sharpens Asia strategy with technology, talent pipeline, specialist claims under Kerr

Asia CEO Stephen Kerr is betting on career development and specialty teams to strengthen Sedgwick’s role in managing cross-border claims.

Australia’s commercial property rates fall fastest globally in first half of 2025

Marsh attributes rate declines to lower nat cat losses, increased insurer capacity, and greater competition.

Surge in AI-driven fraud tests APAC insurers

Rising sophistication and volume of AI-driven claim submissions puts upward pressure on costs and premiums.

A peek inside the tech toolbox: How Asia's life insurers are making use of Gen AI

Insurers like AIA, Manulife, and Ping An are embracing technology across a variety of use cases, but challenges and regulatory hurdles remain.

DeepSeek might offer boundless opportunities, but insurers should remain careful

Some industry players have been quick to test and adopt the open-source solution, but experts warn the new model has yet to be put through its paces.

2025 outlook: Trump, India, and easing the insurance talent shortage

The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.

A.I. tech firms building solutions to help APAC insurers manage nat cat risk

New ventures, technology offer enhanced geospatial mapping and modelling to support insurers' risk strategies.

SIRC 2024 reflections: Living in a world of ‘accelerated risk’

Setting (re)insurance on a sustainable path, competition for talent, and AI disruption were all key themes this year.

Wearables data a valuable complement – but not replacement – to sophisticated underwriting

Wearables can make a difference, but standardising data and understanding algorithms remain a challenge.

Inside Ant Insurance’s strategy to digitise claims with foundational AI

Ant Group is leveraging technology and vast Alipay user base to streamline claims and attract new demographics for carriers in China.

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28 August