Annuities are expected to see stronger growth across Asia-Pacific as markets transition from saving to retirement income, particularly in ageing economies where large pools of household savings are beginning to move into drawdown. "The strongest growth potential is in markets that are now transitioning from saving to retirement income at scale," said Challenger Chief Executive for Insurance Anton Kapel in an interview with Asia Insurance Review.
PERILS has disclosed its second industry loss estimate for the Victoria Bushfires, which occurred between 7 and 13 January 2026.
Zurich Insurance has appointed Mr Digbijoy "Digi" Joseph Shukla as Head of Digital, APAC. In his new role, he will play a central role in shaping Zurich's pan APAC customer and digital agenda, with overall leadership responsibility for Zurich Edge, the company's regional digital and embedded insurance business.
As part of its expansion in Australia, Sompo has recruited a highly experienced team of local underwriters who bring established expertise across property, casualty, financial lines, energy and construction.
Australia's insurance regulatory environment, instead of seeing abrupt upheaval, is becoming more demanding in a deeper, more structural way.
The interim report of the ongoing review of Australia's Independent Life Code of Practice (Life Code) has been released and it has found favour with the country's life insurers.
The Australian Reinsurance Pool Corporation (ARPC) has recorded a major milestone in its cyclone reinsurance pool operations, with total claim payments surpassing A$1bn ($703.4m) since the initiative was launched.
The Australian Prudential Regulation Authority (APRA) has applied an additional A$2m ($1.4m) capital requirement to Sovereign Insurance Australia (SIA), an MGA.
Markel Insurance, the insurance operations within Markel Group, has opened a new office in Perth and marked the event with the appointments of two Senior Underwriters, Mr Jerome Steyn and Mr Pierre Dagnee.
Blend Insurance Solutions has appointed Ms Melanie Hoffmann as Head of Accident and Health (A&H). Her appointment comes as Blend undergoes a total overhaul of its workflow, moving toward an AI-native ecosystem designed to strip away the operational friction that slows down underwriting.