SBI Life has signed a MOU with the Indian Institute of Technology, Mumbai to establish a joint research and innovation centre dedicated to building India's own deep-technology defences for the insurance sector.
ITC Asia 2026 opened in Singapore yesterday, 30 June, Tuesday, with a flurry of workshops, that remained true to the themes it would be exploring in this year's edition of the event.
The National Financial Regulatory Administration (NFRA) has released new guidelines aimed at strengthening the safe development and application of artificial intelligence (AI) across the insurance and banking sectors, requiring financial institutions to ensure their AI systems are compliant, transparent, trustworthy and effectively managed.
Manufacturers across the Asia-Pacific region could face significant uninsured losses as cyber-attacks increasingly target industrial systems, exposing a widening gap between cyber risk exposure and insurance protection, according to specialist insurer Tokio Marine Kiln (TMK).
Model management took centre stage on the opening day of the 22nd Asia Nat CAT and Climate Change Conference in Makati City, as industry experts discussed how risk models can remain effective in an increasingly complex environment shaped by climate change and cyber threats.
AI may be shifting from an emerging capability to a core part of how Australian businesses operate, but new research has shown that this shift is also rapidly reshaping cyber risk, turning what was once seen primarily as a productivity and efficiency enabler into a current and increasingly complex operational challenge.
The Australian Prudential Regulation Authority (APRA) has written to banks, insurers and superannuation funds, setting out its minimum expectations in relation to their readiness for geopolitical shocks.
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a new report by Willis.
Companies in China are ramping up investment in AI but are simultaneously grappling with increasing risks around vendor dependence, intellectual property exposure and cybersecurity, according to a new survey by global law firm DLA Piper.
1,300 participants from 175 companies across 27 countries gathered at the Grand InterContinental Seoul Parnas in Gangnam, Seoul from June 10 to 11 to discuss how artificial intelligence, cyber risk, and mobility innovation are reshaping the future of insurance. Participants assessed how the insurance sector must adapt to rapidly evolving technologies and interconnected risks that are redefining traditional underwriting and claims approaches.