Ethio-Re chalks up 45% rise in profits to about US$4m in FY2025

...technology in the insurance sector has resulted in insufficient data, which in turn affects underwriting processes and the timely availability of information crucial for operational activities....

UAE: Insurance sector set for robust growth in 2026 and beyond, says EIF Chairman

...technology and insurance will lead to a greater and deeper transformation in the coming years as the UAE seeks to strengthen its healthcare system, he added....

Philippines: Weak fraud controls put PhilHealth funds at risk

...technology resources, leading to a lack of routine data monitoring and analysis. Consequently, PhilHealth’s current fraud control activities severely underestimate the incidence of health insur...

APAC insurers set to increase risk exposure over next two years

...technology platforms can resolve this resource crunch by eliminating the manual, time-intensive processes that currently drain teams, freeing them to focus on strategic risk management rather than op...

Morocco: Sanlam Maroc invests in Retail-Tech start-up

...technology and FinTech-enabled platform, designed to digitise and structure neighbourhood retail by placing merchants at the centre of a unified ecosystem connecting commerce, finance, telecoms, inst...

Vietnam: Amended insurance law takes effect

...technology systems, and train personnel. This also provides time for regulatory agencies to improve governance and supervision capabilities and refine their systems to be compatible with the new fram...

New market positioning for NEV insurance takes shape from secondary to core business

...Technology, identified four persistent challenges: hi...

Issuance of licences for conditional Intelligent driving introduces new variables to motor insurance

...The Ministry of Industry and Information Technology has issued the first batch of L3 conditional autonomous driving licences, marking a transition from the testing to the early-stage commercialisation of autonomous vehicles....

Indonesia: Regulator launches credit insurance scheme for online lending

...technology-based collaborative funding services....

Thailand: Mandatory motor insurance policies to be fully digitalised wef 1 Jan 2026

...technology and data delivery, enabling a smooth transition from paper-based policies to online compulsory motor vehicle insurance policies,” the statement added....

Nigeria: Brokers call for stronger collaboration to drive value in Nigeria's insurance sector

...technology adoption, and stronger engagement with members. Ms Ezeibe said the NCRIB will intensify engagement with insurers, regulators and other industry bodies to shape conditions that en...

Thailand: TGIA projects premium income to exceed US$8.7bn in 2026

...technology, evolving consumer behaviour that increasingly emphasises on specialised risk management, as well as emerging risks linked to electric vehicles (EVs), cyber threats and environmental, soci...

APAC: Regulatory demands are main drivers of increased technology spend on ALM

...technology spending on asset liability management are regulatory demands, including heightened requirements for stress testing, solvency reporting, and risk disclosures, according to research from in...

Asia: Organisations in Asia are least confident about cyber security

...technology outages, organisations around the world are more confident in how they approach cyber risk management and are planning to invest even more in cyber security defences in 2026.  ...

PRISM launches in Singapore and Hong Kong

...technology, data, analytics, and strong balance sheets to serve insurance and reinsurance clients, specialising in Marine Cargo, Onshore Energy, Power, and Renewable sectors. A phase two expansion in...

India: Parliament passes Bill on 100% FDI in insurance in watershed move

...technology and bringing global best practices along with increasing employment opportunities. Increased competition would drive efficiency in products and services, proving beneficial for the citizen...

Half of MGAs are at the start of their digital transformation journey

...technology platform provider, said in a statement, that the poll asked participants to identify where their organisation sat on its digital transformation path....

Failure in insurance process enables US$38m work injury insurance fraud

...Technology and Business University, Mr Ning Wei...

Asset-liability management must be product-centric, per CPIC CIO

...technology for precise risk control and operational efficiency, enhancing resilience across economic cycles....

Financial regulator eases risk factors for insurers, bolstering long-term equity investments

...Technology Innovation Board....

Insurer steps in to support Cambodia's informal economy

...Technology & Innovation and Phillip General Insurance are expected to sign a Memorandum of Understanding to formalise their cooperation. According to the article, Phillip General Insurance’...

Australian insurer partners with AI firm to provide greater motor safety benefits to customers

...technology helps us do exactly that, empowering safer drivers, fairer premiums and deeper, trust-based relationships with the businesses we support.” With the partnership now extended...

External asset management set to transform APAC insurance Investment models

...technology platform company headquartered in Boise, Idaho....

Cyber crime tops Singapore, APAC and global risk rankings

Blending human judgment with digital intelligence: QBE's tech strategy

...technology to enhance operations across the insurance value chain. He said, “This goes beyond just digital transformation for its own sake. It is about embedding data, analytics and automation...

East Africa: Insurance sector at an inflection point, per Deloitte report

...technology, reliance on traditional distribution methods and modest innovation levels impede operational efficiency and limit access to underserved markets....

bolttech acquires Kenyan digital insurance platform

...technology to make protection more accessible. Together, we can accelerate digital transformation in insurance and extend the reach of embedded protection across the region.” ...

Toyota enters China insurance market through brokerage acquisition

...technology and owner data can help in insurance product design, reducing customer acquisition costs and improving risk control capabilities....

China Re Asset Management Chairman says insurance asset managers must be "friends of Time"

...technology-enabled strategy of strengthening the digitalisation of investment research, the intelligentisation of risk control, and the efficiency of operations. At the same time, Mr Li said that the...

Health management emerges as the new battleground in health insurance

...technology firms are expanding, with “insurance + services” ecosystems becoming a strategic priority....

ASEAN: Insurance regulators discuss resilience

...technology and inclusivity in the agenda of ASEAN insurance cooperation....

South Africa: Gallagher Re signs deal to take over biggest local independent reinsurance brokerage

...technology and data analytics, and offering bespoke advisory services.  ...

Sri Lanka: Online broker listed on stock exchange

...Online insurance marketplace and broker, InsureMe, has been listed on the Colombo Stock Exchange (CSE) since 1 December....

Kenya: Digital insurance rules to be tightened as InsurTech growth accelerates

...technology enhances accessibility and affordability in the insurance market. The growing market and those planning to jump in are also looking for stable, trusted and stronger safeguards th...

UAE: Digital transformation and technical pricing to shape health insurance market in 2026

...technology in healthcare insurance business. ...

The role of insurers is shifting from claim payouts to prevention

...technology to help people better prepare for the unexpected,” the report said....

Algerian insurance union launches AI hub to boost digital innovation

...Technology Research Centre, and the Algerian Financial Innovation Laboratory (Algeria FinLab)....

NEV insurance market heats up with entry of Xiaomi's P&C insurance JV

...Technology Co, a subsidiary of Xiaomi Group: 33%....

Saudi Arabia: Digital cross border vehicle insurance plan launched

...technology group First.tech. The latter, in turn, is part of Abu Dhabi-listed investment company, International Holding Company (IHC)....

China: Ping An launches ancient tree conservation project

...technology, and social welfare to establish a sustainable protection system for ancient and notable trees in China, demonstrating the innovative efforts of a Chinese enterprise in tackling climate ch...

Australia: Insurance Council of Australia to launch insurance fraud detection platform

...Technology, and EXL to build this platform and this is expected to begin in early 2026. It will incorporate advanced data analytics capabilities to alert fraud investigators to suspicious activity in...

Global: Identity security now key to cyber insurance coverage

...New research from Delinea highlights the critical role of identity security in cyber insurance coverage....

Global: Tokio Marine Kiln appoints new Underwriter to life sciences team

...technology from Curtin University. “As the sector continues to innovate, having underwriters who truly understand both the science and the risk landscape is...

Global: Tokio Marine Kiln appoints new Underwriter to life sciences team

...technology from Curtin University. “As the sector continues to innovate, having underwriters who truly understand both the science and the risk landscape is...

Global: QBE Insurance Group announces changes to Board

...technology. Ms Allen is currently a Non-Executive Director of Santos, and Chair of the Digital Skills Organisation. She has also held various director and chair r...

China life insurers' payouts surge 53.8% in 2024; regulator urges more patient capital for tech innovation - Industry highlights this week

...technology. Further measures will be introduced to guide banks and insurers toward providing more patient, long-term capital to innovative companies. AIA Life introduces its first lifeti...

China's insurer-backed micro-lenders retreat as rules tighten

...technology services company. Ping An, one of the most active insurers in the segment, has also been reshaping its portfolio. Since 2022 it has been restructuring its microfinance operations...

Global: QBE Insurance Group announces changes to Board

...technology. Ms Allen is currently a Non-Executive Director of Santos, and Chair of the Digital Skills Organisation. She has also held various director and chair r...

Thailand: Regulator publishes guidelines for AI governance

...technology is transparent, verifiable and responsible. Robustness and security: The establishment of preventative measures against errors and cyber...

Global: Everest Group appoints new CEO of Legacy Operations

...technology firms, guiding them through insurance M&A and AI transformation. Mr Haase is a Fellow of the Casualty Actuarial Society and holds an MBA in Quantit...