The Asian Development Bank (ADB) has issued its first Disaster Relief Bond (DRB) offerings, also known as CAT bonds, in the Kyrgyz Republic and Tajikistan.
Philippine President Ferdinand Marcos Jr called on ASEAN bloc members to ensure regional energy security and resilience, as he opened the 48th ASEAN Summit Retreat in Cebu on 8 May.
Azerbaijan's Agrarian Insurance Fund and Uzbekistan's Agricultural Insurance Fund have signed a cooperation agreement.
As multinational organisations across Asia reassess how they manage employee benefit risks, Life & Health captives are increasingly being viewed not merely as cost-funding vehicles, but as strategic tools for people risk and capital management. This shift is particularly evident among professional services (PS) firms and talent-intensive employers, where workforce sustainability, benefit competitiveness and earnings volatility are closely intertwined.
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.