Hong Kong: Insurance Authority launches the AI cohort programme

Published on August 22, 2025
The Insurance Authority (IA), the Hong Kong insurance regulator has launched a AI Cohort Programme (AI Cohort) with the participation of seven core insurance groups/ companies.
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Extreme heat is a risk multiplier, says Swiss Re’s Adrian Hall

August 21, 2025
Swiss Re Corporate Solutions’ US Chief Executive Officer (CEO), Adrian Hall, has highlighted the increasing threats posed by extreme heat, noting that the risk is now a direct threat to physical assets as he calls for the risk to be at the centre of enterprise risk planning conversations.Hall notes that while the property sector has traditionally focused on perils like fire, storm, and flood, heat

Asian reinsurers’ overseas diversification strategy seen as credit positive: AM Best

August 22, 2025
According to a new report from AM Best, Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, which is seen as credit positive.With economic momentum slowing in China, and mature markets like Japan and South Korea facing demographic and economic headwinds, the rating agency noted in a recent report t