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News
HSBC Life Singapore unveil new term life and IUL plans
2+ day, 12+ hour ago (308+ words) The term life insurance plan offers coverage terms up to age 100. HSBC Life Singapore has launched two new insurance solutions, HSBC Life Term Protect Secure and HSBC Life Diamond Prestige IUL III. These are designed to provide greater flexibility across protection…...
"There's a log jam": Why global M&A’s biggest buyers could be pulling back
2+ day, 12+ hour ago (513+ words) OPTIS Partners recorded 695 North American agent and broker transactions in 2025, down 12% from 2024 and 24% below the previous five-year average. Private equity-backed brokers completed 10% fewer acquisitions, while activity among publicly traded brokers dropped 27%. The number of identifiable buyers also fell for a…...
Manulife Hong Kong wins at Hong Kong Business Technology Excellence Awards 2026
3+ day, 8+ hour ago (220+ words) The award-winning solution uses GenAI to automate trilingual document processing to create a unified data foundation. Manulife Hong Kong won the Automation - Life Insurance award at the Hong Kong Business Technology Excellence Awards 2026. The company received recognition for its generative…...
Calm loss year in APAC hides earnings pressure building beneath it
6+ day, 3+ hour ago (627+ words) Property catastrophe rates across Asia-Pacific fell 10% to 20% at January renewals, and combined ratios for major regional reinsurers stayed below 100% in 2025. On the surface, the APAC reinsurance market looks stable. Fitch Ratings, in its Asian Reinsurance Monitor, argues the surface is…...
India’s Insurance Revolution: From Policy Papers to Digital Protection
6+ day, 6+ hour ago (1037+ words) businessnewsthisweek.com For decades, insurance in India was something many people bought because they were told they needed it, not because they fully understood its value. Policies were often associated with paperwork, agents, long forms and the uncomfortable thought of…...
Travel Insurance Guide: Where To Buy, How Much Cover You Need & When To Get It
1+ week, 1+ day ago (128+ words) Business Today Buying travel insurance at the right time and choosing adequate coverage are important before travelling abroad The policy should be purchased before departure, as buying it after leaving the country can make the coverage invalid For longer trips,…...
Is Travel Insurance Necessary For Every Trip? Costs And Coverage Explained
1+ week, 1+ day ago (204+ words) Travel insurance may not be mandatory for every destination, but it can provide valuable financial protection. Some countries, including Schengen destinations, require travel insurance as part of the visa process. Even where it is optional, insurance can be important when…...
Aon to acquire USI Insurance Services from KKR for $17 bn
1+ week, 1+ day ago (588+ words) Aon has agreed to acquire USI Insurance Services from KKR and its co-investors for $17 bn in cash. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions. USI provides property and…...
UN says "supersized" El Niño is coming. UK insurers may already be out of runway
1+ week, 2+ day ago (176+ words) The World Meteorological Organization says the current El Niño is intensifying faster, and further, than its earlier forecasts suggested. UN secretary-general António Guterres has described the situation as a danger zone of extreme weather. For insurers, it's a redistribution of…...
Indonesia AI spending outpaces business transformation
1+ week, 3+ day ago (306+ words) Indonesian companies are increasing investment in artificial intelligence, but skills, governance and change-management gaps are limiting how much business value they can extract from that spending. R. Robby, Partner for Digital Data & Analytics Consulting at PT Ernst & Young Indonesia, said technology…...