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Updates

Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.

Ping An Posts Steady Profit Growth

March 26, 2026
Ping An Posts Steady Profit Growth 2 Ping An Posts Steady Profit Growth

China’s leading insurer, Ping An Insurance, reported a 6.45% rise in net profit for 2025, underpinned by strong expansion in …

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CFOs Reshape Insurance Leadership

March 26, 2026
CFOs Reshape Insurance Leadership 2 CFOs Reshape Insurance Leadership

In 2026, Australia’s insurance sector is set to undergo a profound and multi-layered transformation, with chief financial officers (CFOs) assuming …

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Allianz Malaysia Boosts Coverage to Drive Policy Uptake

March 26, 2026
Allianz Malaysia Boosts Coverage to Drive Policy Uptake

In celebration of its 25th anniversary, Allianz Malaysia Berhad has unveiled a year-long campaign offering an additional 25% coverage on …

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Liberty Specialty Markets Expands Into Asia Fine Art Insurance

March 26, 2026
Liberty Specialty Markets Expands Into Asia Fine Art Insurance

Liberty Specialty Markets has formally launched its fine art and specie insurance services across Asia, signalling a significant expansion of …

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Singapore’s Domestic General Insurance Surges 8.4% in 2025

March 26, 2026
Singapore’s Domestic General Insurance Surges 8.4% in 2025

Singapore’s domestic general insurance sector experienced robust growth in 2025, with gross written premiums (GWP) rising 8.4% year-on-year (YoY) to …

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Total Destruction in Benken House Fire Raises Insurance Concerns

March 25, 2026
Total Destruction in Benken House Fire Raises Insurance Concerns Total Destruction in Benken House Fire Raises Insurance Concerns

On 25 March 2026, a devastating fire engulfed a single-family residence in Benken, St. Gallen, Switzerland, resulting in the complete …

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Shepherd Secures $42M to Transform Commercial Insurance

March 25, 2026
Shepherd Secures 42M to Transform Commercial Insurance 2 Shepherd Secures $42M to Transform Commercial Insurance

AI-native commercial insurance platform Shepherd has successfully raised $42 million in a Series B funding round, led by Intact Private …

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Automation Set to Transform 43% of Insurance Roles

March 25, 2026
Automation Set to Transform 43% of Insurance Roles

Technological change is reshaping the insurance workforce as companies accelerate automation adoption. By 2030, automation could potentially replace 43% of …

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Insurance M&A Rebounds to 211 Deals Globally

March 25, 2026
Insurance M&A Rebounds to 211 Deals Globally

Global insurance mergers and acquisitions stabilised in 2025, with Asia-Pacific leading a cautious recovery following the sharp market downturn of …

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Health In Tech Enhances AI Insurance Platform

March 24, 2026
Health In Tech Enhances AI Insurance Platform Health In Tech Enhances AI Insurance Platform

Nasdaq-listed AI-driven InsurTech platform Health In Tech has recently entered into a strategic partnership with international software engineering firm Ciklum …

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