...KPMG in Singapore and The Institute of Internal Auditors Singapore (IIA) have officially launched a practical playbook examining how organisations can govern AI responsibly as systems become increasingly autonomous and embedded into business operations....
Source : AIRPlus | 14 May 2026...Asia Pacific organisations lag behind in keeping pace with increasingly sophisticated cyber threats, which are being amplified by artificial intelligence, placing greater strain on security systems. This is according to a new study commissioned by cybersecurity firm Fortinet....
Source : AIRPlus | 14 May 2026...The armed conflict in the Middle East has led to "increased operational and insurance complexity for Asian airlines", according to Aon's Associate Director for Aviation in Asia Ms Vanessa Chen....
Source : AIRPlus | 14 May 2026...Taiwan's ageing population can be seen as an opportunity for health insurers, according to Nan Shan Life Insurance Chairman Mr Yin Chung-Yao....
Source : AIRPlus | 14 May 2026...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 s...
Source : AIRPlus | 10 May 2026...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...
Source : AIRPlus | 06 May 2026...Cyber remains the top risk for businesses of all sizes, sectors and regions, yet a survey by Beazley found that 83% of Singaporean business leaders still report confidence in their ability to fully financially recover from an attack....
Source : AIRPlus | 06 May 2026...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, D...
Source : AIRPlus | 06 May 2026...Paris-headquartered reinsurance giant SCOR has recorded a net income of EUR225m (EUR220m adjusted, that is, excluding the 'mark to market' impact of the option on own shares) in 1Q2026, supported by all business activities, the company said in a statement....
Source : AIRPlus | 06 May 2026...Organisations and their people are operating under sustained uncertainty because of rising cyber threats, the rapid adoption of AI and skilled labour shortages, according to the "People Risks 2026" report, published by Marsh, the world's biggest insurance brokerage....
Source : AIRPlus | 04 May 2026...Around 7% of world's largest insurers are able to outpace average insurer profitability by leveraging end-to-end digital capabilities, according to a new study by ACORD....
Source : AIRPlus | 04 May 2026...A potential risk facing Australia is the reoccurrence of El Nino in August, which has an 80% probability of taking place....
Source : AIRPlus | 30 Apr 2026...The conflict in the Middle East has zeroed in how interconnected global trade is, as well as the New Zealand's reliance on a small number of shipping corridors....
Source : AIRPlus | 30 Apr 2026...The Financial Services Authority (OJK) believes that pet insurance has potential in Indonesia, as penetration in this branch is still relatively low in the country. The OJK bases its view on the growing trend of people owning pets and treating them as family members....
Source : AIRPlus | 30 Apr 2026...The private sector is an important contributor to healthcare delivery in Sri Lanka and demand is set to increase as demographic and economic pressures intensify, according to a statement by LeapFrog Investments, which invests in healthcare, financial services and climate solutions businesses in high...
Source : AIRPlus | 28 Apr 2026...The International Transport Intermediaries Club (ITIC) has warned marine surveyors of the liability exposure they face when the scope of their instructions is not precisely recorded....
Source : AIRPlus | 28 Apr 2026...The Financial Services Authority (OJK) is carrying out a study on premium rate adjustments in electric vehicle (EV) insurance, taking into account the different risk characteristics of EVs compared to conventional vehicles....
Source : AIRPlus | 23 Apr 2026...A rapidly evolving geopolitical landscape and advances in AI are reshaping the global order and creating greater complexities for businesses in Singapore and across the region. These were the opening remarks from Singapore's Former Minister for Foreign Affairs and Lee Kuan Yew School of Public Polic...
Source : AIRPlus | 23 Apr 2026...AI is reshaping customer behaviour and expectations, exposing gaps between technological adoption and existing insurance coverage, as well as heightening the need to address cyber and systemic risks....
Source : AIRPlus | 23 Apr 2026...Cyber risk has taken on a new threat level, with attackers now following a fast "smash and grab" approach, meaning they do not linger or spy for long. Instead, they typically launch ransomware and cause disruption in about a day, Beazley Security points out....
Source : AIRPlus | 23 Apr 2026...Safety concerns, frequent disruption and rising expectations of employer support are reshaping how employees experience travel for work, and how they judge the companies they work for, according to global insurer Zurich....
Source : AIRPlus | 23 Apr 2026...Strong distribution capability, diversified product lines, and wide geographical coverage consistently underpin Singapore-based Great Eastern Holdings' (GEH) earnings stability, says Fitch Ratings....
Source : AIRPlus | 20 Apr 2026...The Financial Services Authority (OJK) is encouraging the insurance and pension fund industries to take advantage of investment opportunities in gold exchange-traded funds (ETFs) as an alternative long-term instrument to increase returns while maintaining portfolio risk balance....
Source : AIRPlus | 16 Apr 2026...The Financial Supervisory Commission (FSC) has established an incentive scheme to encourage insurance companies to invest in domestic strategic areas....
Source : AIRPlus | 16 Apr 2026...The past few years have seen growing trade flows into Asia of chemicals, pharmaceuticals, and oil and gas, according to the "QBE Marine Insurance Risk Outlook for Asia 2026" report....
Source : AIRPlus | 16 Apr 2026...Agricultural insurance cannot stand alone but must be placed within the overall value chain in the farming sector, according to Ms Cao Xuan Thu Van, Chairwoman of the Vietnam Cooperative Alliance, the national association representing all cooperatives....
Source : AIRPlus | 16 Apr 2026...Insurers today are dealing with overlapping shocks: pandemic after-effects, cyber accumulation, climate volatility, supply-chain fragility and geopolitical spillovers. They encounter 'permacrisis' cycles where the next event begins before the data from the last one emerges....
Source : AIRPlus | 16 Apr 2026...One of Kyobo Lifeplanet Life Insurance's most striking features is the absence of an agency force. The insurer, which is South Korea's first online-only life insurance company, has built its identity around this model....
Source : AIRPlus | 08 Apr 2026...Most property treaty programmes maintained a positive trend in the 1 April renewal period, building on the momentum from 2023 and 2024, according to Gallagher Re in its report titled "First View: Rethinking the Art of the Possible"....
Source : AIRPlus | 08 Apr 2026...India treaty renewals at 1 April took place in a well-capitalised and increasingly competitive environment, with reinsurer appetite remaining strong across most lines, according to a report published by Gallagher Re....
Source : AIRPlus | 08 Apr 2026...More than four in five insurers (82%) in Singapore say they are ahead of their competitors in adopting digital systems, yet nearly all (98%) acknowledge that legacy technology is constraining business growth, according to research from Clearwater Analytics, a comprehensive investment management tech...
Source : AIRPlus | 08 Apr 2026...Organisations globally are continuing to accelerate AI adoption, even as security and compliance risks remain well recognise, according to a study by TrendAI, the enterprise AI security division of Trend Micro....
Source : AIRPlus | 08 Apr 2026...The Indian Supreme Court has said that rail travel insurance should be available to all railway passengers and they should not be treated differently merely because some book tickets online while others buy them at counters....
Source : AIRPlus | 02 Apr 2026...The conflict in the Middle East has introduced a significant new source of risk into the global economy, that until recently, had looked reasonably resilient, according to the International Monetary Fund's First Deputy Managing Director Dan Katz....
Source : AIRPlus | 02 Apr 2026...South Korea's current long-term care landscape remains fragmented and overly focused on price, according to RGA Korea CEO Michael Shin....
Source : AIRPlus | 02 Apr 2026...(Re)insurers are urged to support evidence-based colorectal cancer screening strategies in a bid to improve population health and expand healthcare equity, according to a commentary published by French global reinsurer SCOR....
Source : AIRPlus | 02 Apr 2026...Women in Asia define long-term financial security primarily in terms of stability and resilience: the ability to withstand shocks, maintain independence, and support loved ones through life's uncertainties, according to a study by Sun Life Asia....
Source : AIRPlus | 02 Apr 2026...Asia shows a divided picture when it comes to legacy planning, according to the findings of a survey published by HSBC Life....
Source : AIRPlus | 26 Mar 2026...High-net-worth (HNW) individuals prefer life insurance as a legacy planning tool, surpassing traditional options such as wills and trusts, according to a survey by HSBC Life released on 25 March....
Source : AIRPlus | 26 Mar 2026...The Insurance Association of China has stated that it will promote the implementation of model clauses for humanoid robot insurance....
Source : AIRPlus | 26 Mar 2026...The Asia-Pacific market has become the fastest-growing target for ransomware groups in the world, with cybercrime surging sharply in the region in 2025....
Source : AIRPlus | 26 Mar 2026...Great Eastern is intensifying its focus on high-net-worth (HNW) individuals and families across Asia. Towards this goal, Great Eastern unveiled on 3 March a proposition called Great Eastern Private, created for the high-net-worth (HNW) population across Asia....
Source : AIRPlus | 26 Mar 2026...Great Eastern Group CEO Greg Hingston has said that the life insurer, a leader in the sector in Singapore, has taken a number of measures to try and mitigate the impact of high medical inflation in the city state....
Source : AIRPlus | 26 Mar 2026...Changing temperatures associated with climate change mean that "the Poles are warming faster than the Tropics", according to FM Research Group Manager, Climate Risk and Resilience Research Dr Julien Oliver....
Source : AIRPlus | 26 Mar 2026...The impact of the new health insurance regulation that will take effect from 22 March 2026 will only be discernible in the middle of this year, according to Mr Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervisory Unit of the Financial Services Authority (OJK)....
Source : AIRPlus | 18 Mar 2026...PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has released its fourth and final industry loss estimate for Cyclone Alfred that indicated that the event has cost the insurance industry a total of A$1,877m ($1,333m)....
Source : AIRPlus | 18 Mar 2026...As extreme weather events intensify, insurers face interconnected pressures, including how to price physical risk more accurately, manage growing volatility and capture emerging demand for resilience-related services, says a report released by MSCI Institute, an organisation that promotes knowledge...
Source : AIRPlus | 18 Mar 2026...As small and medium enterprises (SMEs) rapidly adopt Artificial Intelligence (AI) and cloud-based infrastructures to scale, they are discovering that these growth engines also act as "risk multipliers", introducing new vulnerabilities into their core operations....
Source : AIRPlus | 17 Mar 2026...The Australian Automobile Association (AAA) is continuing to urge the Commonwealth government to lead changes to Australian road safety management after new data showed deaths on Australian roads rose by 4.4% to 1,336 in the 12 months to 28 February 2026....
Source : AIRPlus | 17 Mar 2026...Global economic growth should be steady this year provided the current oil price shock is not prolonged, Fitch Ratings says in its latest March 2026 Global Economic Outlook (GEO)....
Source : AIRPlus | 12 Mar 2026