Life insurer Sun Life Financial reported that its underlying net income reached $1.05bn at the end of the first quarter of 2026. The figure, reported in a 7 May press release, was marginally higher than what was recorded a year earlier. The results came as growth in its protection businesses in Asia, Canada and US supported performance.
Thailand's cabinet has approved an emergency decree aimed at alleviating cost of living pressures and supporting energy costs.
Insurance-based wealth solutions are increasingly used as a central planning framework, allowing families to bring together liquidity management, succession planning and crossborder compliance within a single, coherent structure, according to a thought leadership article released by Utmost, a global provider of insurance-based wealth solutions.
Early adopters of agentic AI are already demonstrating tangible gains across claims, underwriting, and policy servicing-shifting economics, strengthening customer trust at critical moments, and creating operating leverage that compounds over time, according to global professional services company, Deloitte.
International reinsurance broker Willis Re has announced that Mr Richard Jones will be joining the company, effective October 2026, subject to all regulatory approvals.
The Ardonagh Group has appointed Mr Andrew Minnitt as CEO of its Asia business, subject to regulatory approval.
Prudential plc has released its 1Q2026 business performance update for the three months ended 31 March 2026.
Descartes Underwriting, a provider of parametric (re)insurance solutions for climate, cyber and emerging risks, has appointed Mr Jean Hermelin as Chief Strategy Officer. He will also join the Executive Committee.
More than 70 organisations from over 20 countries across six continents have urged the biggest global insurance and reinsurance groups to stop providing insurance for fossil fuel projects and fossil gas expansion in Southeast Asia's Coral Triangle. These pose significant risks to the most biodiverse marine area on Earth.
Economic losses from natural disasters in APAC reached at least $76bn in 2025, driven largely by the devastating Myanmar earthquake, widespread flooding in China and South and southeast Asia, and a series of high-impact cyclones.