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News
Sri Lanka insurance premiums jump 25% to $350m in Q1 2026
11+ hour, 20+ min ago (280+ words) Industry earnings before tax edged up just 3.14% to $30.4m. Sri Lanka's insurance industry recorded gross written premium of $350.0m (LKR114,863m) in the first quarter of 2026 (Q1 2026), up 24.54% year-on-year (YoY), according to the Insurance Regulatory Commission of Sri Lanka. The long-term (life) insurance sector accounted…...
Indonesia should develop broader AI ecosystem to enable infrastructure ecosystem competitiveness — Kearney Indonesia’s Ivon Yeap
1+ day, 6+ hour ago (259+ words) He also notes that the country should develop its broader AI ecosystem so that infrastructure investment is supported by growing local demand. Indonesia’s technology industry continues to expand as one of Southeast Asia’s largest digital markets, anchored by fintech adoption,…...
Indonesia health rules impose 5% co-pay on claims
1+ day, 10+ hour ago (140+ words) Outpatient charges will be capped at about $16.9 per case. The Indonesian Life Insurance Association, or AAJI, said it supports the implementation of Financial Services Authority Regulation No. 36 of 2025, which is intended to strengthen the country’s health insurance system amid rising…...
China retail growth masks weak consumer demand
1+ day, 6+ hour ago (205+ words) China’s retail growth is increasingly masking weaker consumer demand, with prices rising as transaction volumes decline, according to S&P Global Ratings. The ratings agency said in its report, “China Retail: High Prices Mask Weakness,” that overall retail growth remains…...
India life premiums rise 17.45% to $16b in July 2026
1+ day, 10+ hour ago (198+ words) Policy and scheme volumes increased 4.34% to 7.41 million. India’s life insurers recorded $15.6b (INR1,556.3b) in new business premiums in the period to July 2026, up 17.45% from $13.3b (INR1,325.0b) a year earlier, according to provisional data from the Life Insurance Council. The number of policies and schemes…...
Taiwan foreign-currency life premiums surge 54% in May 2026
1+ day, 11+ hour ago (130+ words) New policy revenue reached $7.32b in the first 5 months of 2026. Taiwan’s life insurers recorded a 54% increase in premium revenue from new foreign-currency denominated policies in the first five months of 2026, as demand for both investment-linked and traditional products increased. Premium revenue…...
Philippine insurance penetration rises to 1.96% in Q2 2026
1+ day, 11+ hour ago (144+ words) Combined collections reached $4.6b in the second quarter. The Philippines' insurance penetration climbed 0.16 percentage points in the second quarter of the year (Q2 2026). Insurance penetration in the Philippines rose to 1.96% in Q2 2026 as insurance companies recorded higher premium collections. Insurance penetration measures total…...
Henry Tan of CLA Global TS explores leadership mindset behind lasting business innovation
2+ day, 5+ hour ago (251+ words) He emphasises how true drivers of meaningful innovation include leadership and execution. Today, success is defined by how organisations rethink their business models, enter new markets, and build for the future. Companies in Asia are embracing this as they recognise…...
The next phase of manufacturing AI depends on the network
3+ day, 7+ hour ago (505+ words) Manufacturers need resilient connectivity to turn early AI momentum into lasting advantage. The manufacturing sector is advancing rapidly. Sensors track the condition of equipment, computer vision helps identify quality issues, and AI analyses patterns from operational data that would be…...
Why Southeast Asian wealth managers must design the business before buying the technology
3+ day, 8+ hour ago (233+ words) What works for a private banking client in Singapore may be poorly suited to an affluent client elsewhere. As private wealth expands and a more digitally fluent generation enters the market, Southeast Asian wealth managers face real pressure to modernise....