Life insurance is facing a relevance challenge as 47% of consumers participating in a global survey say they are considering purchasing a life insurance policy, yet more than 40% of those feel confused, uncertain, or unconvinced with the information they find. As a result, one in four drop out of the purchase journey before completion according to the World Life Insurance Report 2027.
The 79th session of WHO Regional Committee for South-East Asia has adopted the Dili Declaration on accelerating progress towards Universal Health Coverage in the region.
The ageing global population is fundamentally reshaping the financial services industry while placing significant strain on public pension and insurance models. As populations transition toward retirement, financial institutions are pivoting from simple wealth accumulation to complex decumulation, longevity risk management, and intergenerational wealth transfer services. Meanwhile, governments are paring back or will eventually have to reduce the financial support for the elderly population as the fiscal burden becomes too much to bear.
As the reinsurance market enters the upcoming renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape, clients need support in in identifying evolving exposures and risk accumulations through data and analytics, underwriting expertise and tailored solutions to manage this complex environment.
AM Best has upgraded Singapore Reinsurance Corporation's (Singapore Re) Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent), up from "a" (Excellent). The ratings agency also affirmed the reinsurer's Financial Strength Rating (FSR) of A (Excellent) of Singapore Reinsurance Corporation Limited (Singapore Re).
As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.
A new International Alternative Solutions practice, bringing together specialist expertise to develop innovative risk and capital solutions for clients across international markets, has been launched by Howden Re.
AI data centres and renewable energy investments could generate around $200bn in cumulative commercial insurance premiums by 2030, says a new Swiss Re Institute report.
Peak Re has appointed Mr Nattakorn "Natt" Wattanaumphaipong as Head of Distribution and Partnerships and Mr Sanjiv Agarwal as Head of Operations.
Reinsurers are entering the January 2027 renewal season with record capital levels and strong profitability, creating favourable conditions for buyers. Gallagher Re said dedicated reinsurance capital reached a new high of $688bn at the end of the first half of 2026, while non-life alternative capital rose 9% to $147bn.