insurance

Human oversight remains central as insurers adopt agentic AI: valantic

Agentic AI handles verification and analysis whilst people make final decisions.
5 days ago

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Income sells digital insurance platform to Embed Financial

The digital insurance platform was built inside Income over the past five years.

Income Insurance shareholders gain exit route via AltaX

Phillip Securities will handle share sales under the revived liquidity arrangement.

KoverNow launches watch insurance through Watch Exchange

Luxury timepiece buyers can secure worldwide protection at checkout or later.

AIA Singapore turns 95, launches new illness plan

The new plan was introduced as part of the insurer’s 95th anniversary.

Sun Life reported income falls 49.9% to $340m in Q1 2026

Underlying earnings per share stood at C$1.9 in the quarter.

Great Eastern bags $274m profit in Q1 2026

Total weighted new sales gained 16% YoY.

Tokio Marine Life Insurance Singapore reels in ex Etiqa CEO

His earlier appointments also include Chief Financial Officer of Great Eastern.

War-risk underwriting tightens in Singapore as Gulf airspace disruptions persist

Airlines reroute across Asia–Middle East routes as insurers reassess exposure and pricing risk.

1 in 5 Singaporeans want coverage with digital mental health tools

Only 60% view AI mental health tools positively, lagging physical and financial services.

Allianz Singapore offers up to $46,800 in scam protection

Two tier structure allows multiple shopping related claims under higher coverage level.

Singlife updates Shield Plan riders to boost healthcare affordability

Product enhancements respond to specific demographic shifts in long-term care.

Singlife recruits former MAS director for board oversight

The veteran leader previously managed foreign bank supervision.

Singapore’s domestic general insurance rises 8.4% in 2025

Despite the growth in revenue, net incurred claims for the domestic market also increased.