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Insurance build cycle of 6 to 12 months cut by agentic AI
2+ hour, 15+ min ago (24+ words) Synpulse and 360 F said agentic artificial intelligence can reduce the time it takes to develop insurance products, which typically takes 6 to 12 months....
Shinkong Insurance holds gains as underwriting discipline bites
2+ hour, 45+ min ago (22+ words) Shinkong Insurance Company Limited's operating performance will likely remain strong over the medium term, supported by strict underwriting discipline and more....
HDI warns Victoria Peak defences may fail under extreme weather
1+ hour, 45+ min ago (252+ words) Existing safeguards cut landslide risk by over 75% but face new limits. HDI Risk Consulting released a comprehensive analysis of climate change risks facing Hong Kong's Victoria Peak, warning that extreme weather is pushing the landmark's safety conditions beyond historical limits....
Japan insurers" gains erode amidst rising costs
8+ hour, 45+ min ago (372+ words) Firms are shifting product mix toward dementia and care coverage for older clients. Charles Chiang, senior financial analyst at AM Best, said Japan's economy is expected to grow modestly, with the International Monetary Fund forecasting real GDP growth of about…...
Banks must address fraud and usability gaps to unlock AI trust
20+ hour, 36+ min ago (25+ words) Ipsos finds Thai consumers are open to AI in banking but demand fraud protection, simpler apps and personalised tools, with trust still a major barrier....
Southeast Asian banks lose funding efficiency as pricing remains fragmented
21+ hour, 50+ min ago (203+ words) Southeast Asian banks are losing value due to fragmented pricing and weak use of transaction data, limiting segmentation and driving higher funding costs....
Thai financial institutions put price on bad strategy
18+ hour, 55+ min ago (482+ words) From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share. Ask most CFOs how much their organisation's worst strategic decisions cost last year, and they will go quiet " and that…...
Thai insurers miss growth opportunity from concert goers
1+ day, 2+ hour ago (624+ words) This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model. Thailand's non-life insurers are facing a distribution problem as young customers lean toward digital platforms, which could dampen industry growth. In a fireside chat with Tim Charlton,…...
Why banks must become gatekeepers or accept commodity status
1+ day, 2+ hour ago (502+ words) Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030. The traditional bank's role as middleman is under threat, forcing institutions to prove their worth or consciously accept commodity status in domains they cannot win. With non-bank…...
Tokio Marine's China unit outlook stable despite rising claims pressure
1+ day, 7+ hour ago (297+ words) Competition in the non-life market continues to weigh on profitability levels. AM Best has kept a stable outlook on The Tokio Marine and Nichido Fire Insurance Company (China) Limited, pointing to expectations that the insurer will maintain its capital strength…...