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Insurance Asia

Insurance Asia - The Latest News, Analysis, Profit Results, Share Price Information, Analysis and Commentary. Insurance Asia covers all Asia business, economic, insurance, finance news, and more.

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News

Insurance Asia
insuranceasia.com > news > prudential-hk-launches-ai-underwriter-faster-preliminary-review

Prudential HK launches AI Underwriter for faster preliminary review

2+ day, 11+ hour ago   (148+ words) Before AI Underwriter, it could take days for a preliminary review, the insurer said. Before AI Underwriter, it could take days for a preliminary review to indicate what additional information may be required before an application proceeds, the insurer said....

Insurance Asia
insuranceasia.com > insurance > news > korea-life-insurance-association-targets-17-ai-projects-2027

Korea Life Insurance Association targets 17 AI projects by 2027

2+ day, 11+ hour ago   (259+ words) The rollout includes legal review, contract review, and data verification. The Korea Life Insurance Association has launched three artificial intelligence (AI) systems for complaint management, advertisement review, and internal regulation searches, with plans to develop a total of 17 AI projects…...

Insurance Asia
insuranceasia.com > videos > insurers-balance-ai-automation-human-judgement

Insurers balance AI automation with human judgement

4+ day, 6+ hour ago   (279+ words) Back-office functions face the greatest automation exposure, but insurers risk customer trust if AI deployment weakens oversight in claims and underwriting. Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum, said data-heavy back-office roles…...

Insurance Asia
insuranceasia.com > insurance > news > aon-launches-tool-flag-risk-insurers-add-capacity

Aon launches tool to flag risk before insurers add capacity

5+ day, 11+ hour ago   (171+ words) Aon has launched a new analytics tool to help insurers assess how potential new business could affect their existing risk portfolios before deploying capacity. The tool provides risk assessments at location, policy and portfolio levels. It uses Aon’s Global Hazard…...

Insurance Asia
insuranceasia.com > insurance > exclusive > asias-insurtech-shifts-hype-heft

Asia’s insurtech shifts from hype to heft

5+ day, 12+ hour ago   (412+ words) Investors are moving towards companies with clearer paths to profit. Insurtech funding in the APAC region fell to about $4.1b from 2022 to 2025, down from $9.1b from 2018 to 2021, whilst the number of deals dropped to 202 from 383, according to a June NTT DATA report....

Insurance Asia
insuranceasia.com > commentary > how-asias-insurers-are-using-ai-and-where-it-could-take-them

How Asia’s insurers are using AI — and where it could take them

1+ week, 6+ day ago   (849+ words) Insurance leaders respond with a clear ambition, the technological and operational capability to deliver, and a fast path to adopt changes. The pressures on Asian insurers have been building for years, from shifting demographics to rising climate-related losses and a…...

Insurance Asia
insuranceasia.com > insurance > commentary > indias-insurance-industry-can-agentic-ai-build-trust

India's insurance industry: Can agentic AI build trust?

1+ week, 6+ day ago   (200+ words) By orchestrating workflows in underwriting, policy, and claims, agents can provide a unified view of information. Artificial intelligence (AI) has already established itself as a transformative force across the insurance value chain. India's insurance industry is entering a new phase…...

Insurance Asia
insuranceasia.com > insurance > in-focus > two-in-five-singapore-firms-plan-cyber-insurance-within-12-months

Two in five Singapore firms plan cyber insurance within 12 months

1+ week, 6+ day ago   (291+ words) Deepfake or voice-cloning attacks affected 39% of respondents. Cyber insurance is becoming a higher priority for Singapore organisations as the growing use of artificial intelligence (AI) exposes businesses to new cyber risks, according to ESET’s Enterprise Cybersecurity Report 2026. Some 36% of organisations…...

Insurance Asia
insuranceasia.com > insurance > news > week-in-insurance-new-products-launch-insurers-expand-aia-and-ping-profits-surge

This week in insurance: New products launch, insurers expand, AIA and Ping An profits surge

3+ week, 1+ day ago   (424+ words) Prudential Hong Kong also expanded its office space. The insurance industry from 17 to 21 August saw a wave of new product launches, business expansion and strong first-half earnings growth this past week. Chubb Life Hong Kong has launched the Chubb Care…...

Insurance Asia
insuranceasia.com > insurance > in-focus > data-centres-expose-insurers-fire-climate-and-cyber-risks

Data centres expose insurers to fire climate and cyber risks

3+ week, 3+ day ago   (649+ words) Investment could exceed $1t annually by 2027. The artificial intelligence (AI)-driven expansion of data centres is creating new construction, operational, climate and insurance risks, with China and the US expected to account for most of the market. Annual investment in data…...