Two of China's leading life insurers are forecasting sharp profit growth for the first half of 2026, attributing part of their strong performance to investments in strategic technology sectors.
Chinese insurance giant China Life Insurance has announced that it plans to invest CNY4.999bn ($737m) to establish a partnership before the end of this year, which will focus on investing in companies in the semiconductor industry.
South Korea's Financial Services Commission (FSC) will establish an AI-powered insurance fraud prevention infrastructure as part of its broader financial sector reform agenda for the second half of 2026, with the measure aimed at strengthening the detection and prevention of insurance fraud.
In this era of agentic AI risk, organisations have to rethink how they are managing enterprise risk, due to the deployment of AI agents. This mostly comes down to AI agents not being able to tell right from wrong, because "they do not have a conscience" and have a task they are trying to complete, according to Check Point General Manager of AI Security Adam Ely.
AI has moved from enabling attackers to operating attacks, running live intrusions with minimal human direction, compressing the time defenders have to respond and opening new attack surfaces across an enterprise, even as companies adopt technology at a pace that outstrips that of governance controls.
InsurTech Duck Creek Technologies has acquired Send Technology Solutions, an AI-native underwriting orchestration engine serving commercial, specialty and complex risk markets.
Aon has appointed Mr Sean Deehan as CEO of Strategy and Technology Group for APAC.
The Jordan Insurance Federation (JIF) is working to establish a comprehensive digital platform to assist insurance companies in underwriting and compensation processes.
The insurance industry is at a structural inflection point due to growing uninsured losses and liability claims, says a new report from NTT DATA.
The Korea Federation of Small and Medium Enterprises (KFSME) will offer a 5% discount on premiums for product liability (PL) insurance and mutual aid products to small and mid-sized manufacturers that have built smart factories, reported the ChosunBiz.