Insurance

Alm. Brand raised its 2026 outlook on Monday after a favorable third quarter, helped by a low level of major and weather-related claims and gains from run-offs. The Danish insurer now expects a pre-tax profit before other income and expenses of 1.65 billion to 1.75 billion Danish crowns for the year. Full-year guidance for the insurance service result, excluding run-offs in the fourth quarter, was lifted by 250 million crowns to 1.5 billion-1.6 billion crowns, from a previous range of 1.2 billion-1.4 billion crowns. The combined ratio is now expected at 86.5-87.5, improved from the earlier 88-90 range, while the expense ratio guidance is unchanged at around 17%. Alm. Brand cut its investment result forecast to 150 million crowns from 250 million crowns, citing the rise in interest rates, and said other income and expenses, including amortization of intangible assets, are still expected to total an expense of roughly 500 million crowns. The company will publish its full third-quarter results on October 28.

Alm. Brand A/S upgraded its full-year 2026 outlook following a favourable Q3 2026 performance, driven by a low level of major claims and weather claims as well as run-off gains. The full-year guidance for the insurance service result is increased by DKK 250 million to DKK 1.5-1.6 billion, excluding run-offs in Q4 2026, from the previously guided range of DKK 1.2-1.4 billion. The expense ratio guidance remains unchanged at around 17%, while the combined ratio is now expected to be 86.5-87.5, compared with the previously guided range of 88-90. The investment result is expected to be DKK 150 million, down from the previous expectation of DKK 250 million, driven by the increase in interest rates. Consequently, Alm. Brand A/S now expects to report a pre-tax profit before other income and expenses of DKK 1.65-1.75 billion for 2026, with other income and expenses, including amortisation of intangible assets, unchanged at a total expense of approximately DKK 0.5 billion. The company will report its full Q3 2026 results on 28 October 2026.

TQR Public Company Limited, or TQR, disclosed that it is still gathering detailed information on the national catastrophe insurance programme, after the government began providing coverage from 1 October 2026 to 30 September 2027. It views the government's support and establishment of a risk-distribution mechanism as an important development for the country, and one that may help raise its capacity to absorb catastrophe risk closer to international standards. Under the programme, the government purchases insurance on behalf of the public, covering 30 million households nationwide, with protection against floods, windstorms and earthquakes. A total of 11 insurance companies are participating, five of which are listed on the Thai stock exchange: TIPH, BKIH, MTI, TVH, THRE and TQR. Meanwhile, ASL Securities views the programme as positive for the insurance sector in terms of premium growth and expanding insurance penetration, and recommends gradually accumulating TIPH, KTB and BBL. TIPH is the standout stock, benefiting directly through Thip Insurance, which has the opportunity to take on new premiums and build them into recurring premium income if the government renews the programme next year. KTB and BBL, meanwhile, gain indirect positive sentiment.

Manulife Financial Corporation launched a first-of-its-kind CoverMe travel insurance plugin in ChatGPT in late September 2026, allowing eligible Canadian travellers to answer trip questions and receive personalized quotes in English or French. The debut marks Manulife's first global ChatGPT plugin presence, part of the insurer's push to use AI tools to simplify travel protection decisions for consumers. The company also recently completed a long term care reinsurance deal with Munich American Reassurance Company, transferring biometric risk on a C$3.2 billion block of reserves, a move that directly addresses earnings volatility and capital strain tied to legacy U.S. businesses. Manulife's narrative projects CA$61.5 billion in revenue and CA$8.5 billion in earnings by 2029, with a CA$65.20 fair value estimate implying 6% upside to its current price. Four members of the Simply Wall St Community see Manulife's fair value between C$65.20 and C$126.85.

Sun Life U.S. introduced Disability with Health Navigator in late September 2026, integrating personalized care navigation into disability coverage so employees can access specialized opinions, providers, and employer-specific benefits while facing major health conditions or seeking ongoing support. The launch extends Health Navigator's reach across disability, standalone offerings and medical stop-loss coverage, underscoring Sun Life's focus on year-round health support within employer benefit ecosystems. The company also recently appointed Darko Mihelic as Senior Vice President, Head of Investor Relations. Sun Life Financial's narrative projects CA$48.5 billion in revenue and CA$4.7 billion in earnings by 2029, with a fair value estimate of CA$112.93, in line with its current price. The most bearish analysts were modeling revenue of about CA$48.6 billion and earnings near CA$4.7 billion by 2029.

Employers Holdings reported second-quarter revenues of $220.2 million, down 10.6% year on year but exceeding analysts' expectations by 8.4%, in what the company called a strong quarter that also beat EPS estimates. Chief Executive Officer Katherine Antonello said diluted earnings per share grew 29% year-over-year and adjusted earnings per share grew 46%, even as net income was essentially flat, reflecting the accretive impact of the company's recapitalization strategy and share repurchases. The stock is down 2.2% since reporting and currently trades at $48.67. Across the 31 property and casualty insurance stocks tracked, group revenues beat consensus estimates by 2.3% while next quarter's revenue guidance came in 0.9% above, yet share prices have fallen an average of 9.6% since the latest earnings results. Among peers, Essent Group reported revenues of $362.7 million, up 13.6% year on year and 9.7% above expectations, while Radian Group posted revenues of $580.7 million, up 95.7% year on year and in line with expectations but with a significant EPS miss.

AXIS Capital Holdings Limited reported second-quarter 2026 gross premiums written of $2.2 billion, up 15% year over year, while net premiums written rose 6%. Within that total, the core business contributed about 2% growth, expanded classes added 5%, and AXIS Capacity Solutions contributed 8%. Short-tail lines accounted for 57% of group premiums in the quarter, including 59% of Insurance premiums. The company's fixed-maturity book yield increased to 4.8% as of June 30, 2026, from 4.6% a year earlier, and AXIS returned $122 million to common shareholders through $89 million of repurchases and $33 million of dividends. The company flagged rising competition, catastrophe losses, weather severity, geopolitical instability and foreign-exchange volatility as key risks.

Bangkok Life Assurance has launched two new annuity products, BLA Pension 888 and BLA Pension and Care 888, marking the first time an annuity offers a first lump-sum payment of 30% of the sum assured at age 60, the highest rate allowed under the Revenue Department's new criteria. After that, policyholders receive an annuity of 8% of the sum assured each year from age 61 to 88, and premiums can be used for tax deductions of up to 300,000 baht per year. Chone Sophonpanich, President and Chief Executive Officer of Bangkok Life Assurance Public Company Limited, said Thais now live to an average age of about 78, and today's post-retirement years fall under what the World Health Organization defines as active aging, so financial planning must cover 20 to 30 years of life after stopping work. The BLA Pension and Care 888 plan also adds coverage for eight critical illnesses: if diagnosed with one of the eight critical illnesses, the policyholder receives an additional annual payment of 8% of the sum assured every year through age 88.

Bangkok Life Assurance Public Company Limited, or BLA, has launched two annuity life insurance products, "BLA Pension 888" and "BLA Pension & Care 888," paying a first annuity installment of 30% of the sum assured upon reaching age 60. From ages 61 to 88, policyholders will then receive an annuity of 8% of the sum assured every year. Chone Sophonpanich, President and Chief Executive Officer of BLA, said the premiums can be used for tax deductions of up to 300,000 baht per year under the criteria set by the Revenue Department. For "BLA Pension & Care 888," coverage is extended to eight critical illnesses. If a policyholder is diagnosed with one of these eight critical illnesses, they will receive an additional annual payout of 8% of the sum assured, continuing every year until age 88. Chone also said that retirement planning patterns among Thais are changing. Thais currently have an average life expectancy of about 78 years and tend to live longer, meaning financial planning must support a post-retirement life that could last as long as 20 to 30 years.

Manulife Financial Corporation has closed its previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2 billion of reserves to Munich American Reassurance Company, a subsidiary of Munich Re Group known as Munich Re Life US. The reinsurance has an effective date of July 1, 2026. The $3.2 billion figure is an IFRS reserve amount at an 80% quota share, reflecting the IFRS 17 current estimate of the present value of future cash flows plus risk adjustment plus contractual service margin. All figures are based on a June 30, 2026 position and are expressed in Canadian dollars at an exchange rate of US$1.00 to C$1.41875. Manulife, headquartered in Toronto, operates as Manulife in Canada and Asia and primarily as John Hancock in the United States, and trades as MFC on the Toronto, New York, and Philippine stock exchanges and under 945 in Hong Kong.

Manulife Financial Corporation has closed its previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2 billion of reserves to Munich American Reassurance Company, known as Munich Re Life US, a subsidiary of Munich Re Group. The reinsurance carries an effective date of July 1, 2026. The $3.2 billion figure is an IFRS reserve amount at an 80% quota share, reflecting the IFRS 17 current estimate of the present value of future cash flows plus risk adjustment and contractual service margin. All figures are based on a June 30, 2026 position and are expressed in Canadian dollars at an exchange rate of US$1.00 to C$1.41875. Manulife first announced the transaction on August 5, 2026.

Manulife Financial Corporation has closed its previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2 billion of reserves to Munich American Reassurance Company, a subsidiary of Munich Re Group known as Munich Re Life US. The reinsurance carries an effective date of July 1, 2026, and the reserve figure is an IFRS measure of C$3.2 billion at an 80% quota share, reflecting the IFRS 17 current estimate of the present value of future cash flows plus risk adjustment and contractual service margin. All figures are based on a June 30, 2026 position and are expressed in Canadian dollars at an exchange rate of US$1.00 to C$1.41875. Manulife, headquartered in Toronto, operates as Manulife across Canada and Asia and primarily as John Hancock in the United States, and trades as MFC on the Toronto, New York and Philippine stock exchanges and under 945 in Hong Kong. Munich Re Life US is a US reinsurer and a subsidiary of Munich Re Group.

Progressive closed at $210.96, up 1.76% from the previous session, outpacing the S&P 500's 0.2% gain. Ahead of its upcoming earnings release, the insurer's projected EPS stands at $4.27, a 5.43% increase from the prior-year quarter, while consensus revenue is estimated at $23.35 billion, up 5.11%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $17.93 per share and revenue of $92.56 billion, representing changes of -1.75% and +6.46% respectively from the prior year. Over the past month, the Zacks Consensus EPS estimate has shifted 1.03% upward, and Progressive currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E of 11.56, a premium to its industry average of 10.6, and a PEG ratio of 2.65 versus the Insurance - Property and Casualty industry average of 1.8.

Assurant, Inc. has raised its full-year 2026 outlook after reporting record second-quarter 2026 results, with adjusted EBITDA excluding catastrophes up 18% year over year to $491.4 million and adjusted EPS rising 19% to $6.60. The insurer's shares have gained 20.1% over the past year, outpacing the industry's growth of 1.9%, while peers The Travelers Companies, Inc. rose 23% and NMI Holdings Inc. and Cincinnati Financial Corporation fell 8.9% and 2.4%, respectively. Management now expects Global Lifestyle adjusted EBITDA to grow in the low double digits in 2026, above its prior expectation of about 10%, after Connected Living earnings rose 24% in the first half of 2026, and it raised its 2026 Housing outlook to modest earnings growth excluding catastrophes. The Zacks Consensus Estimate for 2026 EPS implies a year-over-year increase of 12.7%, with revenues pegged at $13.92 billion, up 8.4%, and the consensus 2026 and 2027 earnings estimates have moved up 0.1% and 0.3%, respectively, over the past 30 days. Assurant's holding-company liquidity reached $911 million as of June 30, 2026, and 2026 share repurchases through July totaled $230 million, with management expecting full-year buybacks toward the upper end of its $300-$350 million range.

Arthur J. Gallagher & Co. announced today that it has acquired New Zealand-based Albany Insurance Services Limited, a retail insurance broker serving commercial and personal lines clients in New Zealand's Auckland and Canterbury regions. Terms of the transaction were not disclosed. The Albany Insurance team, led by Jeremy Bleakley, will operate under the direction of Carl O'Shea, head of Gallagher's New Zealand retail brokerage operations. "Albany Insurance's market expertise and client-first culture will enhance our brokerage operations in New Zealand," said J. Patrick Gallagher, Jr., Chairman and CEO, adding that he was delighted to welcome Jeremy and his associates to Gallagher. Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, provides these services in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.

Thai Life Insurance Public Company Limited, or TLI, has launched a savings insurance product, "Money Fit Wealthy." Mr. Chan Hao Chong, Assistant Managing Director and Chief Proposition Officer, said it is an option for year-end financial planning and tax management. The product comes in two plans. "Money Fit Wealthy 10/3" requires premium payments for only 3 years, provides 10 years of coverage, pays annual cash back during the contract of up to 6% of the sum assured, with total benefits over the contract of up to 354% of the sum assured. "Money Fit Wealthy 15/5(1) (participating dividend plan)" requires premium payments for 5 years, provides 15 years of coverage, and pays minimum cash back over the contract of 520% of the sum assured, with the opportunity to receive dividends from years 2 to 14 and at contract maturity. Both plans are eligible for a tax deduction of up to 100,000 baht per year under the criteria set by the Revenue Department. The 15/5(1) plan also provides death benefit coverage of up to 500% of the sum assured, and interested parties can apply without a medical examination or health questions.

Thai Life Insurance Public Company Limited, or TLI, has launched a new savings insurance product under the name 'Money Fit Wealthy' to capture the year-end tax-deduction market. It offers two plans. 'Money Fit Wealthy 10/3' is for those seeking short-term savings, with premiums paid over just 3 years and 10 years of coverage, annual cash returns during the contract of up to 6% of the sum assured, and total benefits over the contract of up to 354% of the sum assured, along with tax-deduction rights of up to 100,000 baht per year under Revenue Department criteria. 'Money Fit Wealthy 15/5(1) (participating dividend plan)' requires premiums paid over 5 years with 15 years of coverage, annual cash returns during the contract of up to 6% of the sum assured, the opportunity to receive dividends on each policy anniversary from years 2 to 14 and at contract maturity, with minimum cash returns over the contract of 520% of the sum assured, along with tax-deduction rights of up to 100,000 baht and death-benefit coverage of up to 500% of the sum assured. Chan Hao Cheong, Senior Assistant Managing Director and Chief Proposition Officer of TLI, said the product helps customers plan and allocate their money in line with their goals at each stage of life, and interested customers can apply without a medical check-up or health questions.

Indara Insurance Public Company Limited has introduced relief measures for policyholders of all types of insurance affected by the flood situation, covering deferral of premium payments, moving vehicles to safe areas, providing replacement policy documents, and expediting claim consideration for damaged residences. The 60-day premium payment deferral applies to individual insurance policyholders in flood-affected areas whose premiums fall due between 24 September and 31 October 2026. If the insured notifies a request to renew or to restore the policy to its original status and pays the premium within 60 days from the due date, the policy will be considered to remain in effect as before. For vehicles, the company is arranging and coordinating tow trucks and recovery vehicles within its network to move cars to safe areas without waiting for a claims surveyor, while increasing the advance payment limit for towing and recovery costs and offering free flood-evacuation parking services at partner garages. Customers whose policy documents are lost or damaged can also request new copies free of charge. For residential insurance customers, the company will notify the result of its consideration within 3 business days after receiving photographs of the damage to the insured property together with the claim notification, and will pay an initial indemnity within 7 business days from the date the insured signs the agreement, up to a maximum of 20,000 baht for policies in force, paid according to actual damage but not exceeding the liability limit under the policy. Customers can report flood incidents or request towing and recovery services at the customer care centre by calling 02-636-5656 and pressing 1, 24 hours a day, and can file claims via www.indara.co.th/claim-inquiry

Thai Life Insurance has launched two Money Fit Wealthy savings insurance plans, namely Money Fit Wealthy 10/3 and Money Fit Wealthy 15/5(1), both with dividend participation, to accommodate different financial goals and planning horizons. Mr. Chan Hao Chong, Assistant General Manager and Chief Proposition Officer of Thai Life Insurance Public Company Limited, or TLI, stated that life insurance is an option that provides both protection and the right to use life insurance premiums for tax deductions under the criteria set by the Revenue Department. For Money Fit Wealthy 10/3, premiums are paid for 3 years with 10 years of coverage, and policyholders receive annual cash returns during the contract of up to 6% of the sum assured, with total benefits over the contract of up to 354% of the sum assured, along with the right to tax deductions of up to 100,000 baht per year. As for Money Fit Wealthy 15/5(1), premiums are paid for 5 years with 15 years of coverage, with annual cash returns during the contract of up to 6% of the sum assured and minimum total cash returns over the contract of 520% of the sum assured. It also offers the opportunity to receive dividends on each policy anniversary from years 2 to 14 and at contract maturity, along with the right to tax deductions of up to 100,000 baht and death benefit coverage of up to 500% of the sum assured. Those interested can apply without a medical examination and without answering health questions through Thai Life Insurance agents nationwide, or call 1124 for more information.

Allianz Ayudhya Insurance is allowing customers affected by flooding in Bangkok and its surrounding provinces to file claims and submit documents online for both motor insurance and home and property insurance, and is expediting claim payments within 3 business days once complete and accurate supporting documents are received, in line with the specified criteria and conditions. For motor insurance policyholders whose vehicles are damaged by flooding, they can file claims online and take their cars in for repairs, with the company paying claims within 3 business days when the car is taken in for repairs and complete claim documents are submitted. If a vehicle cannot be driven, customers can request towing service through the customer service center by calling 1292 and pressing 7. The assessment of motor insurance claims will depend on the level of damage, from flooding reaching the floor of the car, the seats, or the console, up to the vehicle being completely submerged, as well as the conditions of each individual policy. For home and property insurance policyholders, they can file claims and submit documents online by scanning a QR code, and should prepare information and evidence including the policy number or policyholder information, photos of the affected area and flood level, photos of damaged property, repair quotations or receipts, and identity verification documents and bank account information for receiving claim payments. The company recommends that customers take photos or videos of the damage as evidence before cleaning, moving, or repairing property, if this can be done safely. Payment of claims within 3 business days is subject to the company receiving complete and accurate supporting documents for consideration, and the damage being covered under the policy and the conditions set by the company.

WTW has confirmed regulatory approval for a change in the ownership of its longstanding joint venture, UAE-based Al-Futtaim Willis, after Al-Futtaim sold its 51% stake in the business. With approvals from the Central Bank of the UAE and the Central Bank of Bahrain complete, WTW will assume full control of the AFW business. Pamela Thomson-Hall, Head of International at WTW, said the investment will let the company wholly manage its businesses in Dubai and Bahrain going forward and give clients in the UAE and the wider region better access to its specialist expertise and global placement capabilities. Eleni Lykoudi, Head of WTW CEEMEA, said the change complements WTW's recent investments in the Kingdom of Saudi Arabia, where the company recently established insurance and reinsurance broking entities, and that integrating AFW will give local, regional and global clients access to WTW's entire portfolio. WTW is a global advisory, broking and solutions company whose shares trade on NASDAQ under the ticker WTW.

Thai Life Insurance has launched a group savings insurance product, Money Fit Wealthy, aiming to capture the year-end tax deduction market. Mr. Chan Hao Chong, Assistant Managing Director and Chief Proposition Officer of Thai Life Insurance Public Company Limited, or TLI, said that the year-end period is when working-age people focus on financial planning alongside tax management. The product offers two insurance plans: Money Fit Wealthy 10/3, for those seeking a short-term savings plan, with premiums paid for only 3 years and coverage for 10 years, receiving annual cash returns during the contract of up to 6% of the sum assured, with total benefits over the contract reaching up to 354% of the sum assured; and Money Fit Wealthy 15/5(1) (participating dividend plan), for those seeking longer-term financial planning, with premiums paid for 5 years and coverage for 15 years, with the opportunity to receive dividends from years 2 to 14 and at contract maturity, with minimum cash returns over the contract of 520% of the sum assured. Both plans are eligible for tax deductions of up to 100,000 baht per year under the criteria set by the Revenue Department, and the 15/5(1) plan also provides death coverage of up to 500% of the sum assured. Those interested can apply without a medical check or health questions by contacting Thai Life Insurance agents nationwide or calling 1124.

TQM reported a net profit of 185 million baht for the second quarter of 2026, up 8.0% from the same period a year earlier but down 9.2% from the previous quarter. Total revenue came to 977 million baht, up 1.5% year on year and down 4.0% quarter on quarter on seasonal factors. Gross written premiums grew 5.4% year on year, driven by a 4.1% rise in non-life insurance, 3.5% in auto insurance and 20.6% in life insurance. Health insurance stood out with growth of 181%, reflecting rising demand to manage medical cost risk. Earnings quality and profitability improved, with the auto insurance renewal rate rising to 77% from an average of 74.8% in 2025, and the share of electric vehicle insurance premiums increasing to 6.9% from 4.7% in the first quarter. Administrative expenses fell 5.7%, lifting the net profit margin to 19.0% from 17.8% in the second quarter of 2025, while the margin before interest, tax, depreciation and amortisation stood at 28.2%. The Easy Lending business continued to show strong asset quality, with non-performing loans at a low level of just 0.28% to 0.30%. For the third quarter of 2026, the company expects a continued recovery ahead of the high season in the fourth quarter, supported by the recovery in auto insurance, growth in health and life insurance, and the addition of home insurance products. The company also plans to expand sales channels through social platform and social commerce partners to grow its new customer base. TQM targets core business revenue of 4.19 billion baht in 2026 and total revenue of 4.21 billion baht, an increase of about 6.6% year on year. Key factors for the rest of the year include maintaining a high auto insurance renewal rate, the recovery of auto insurance premiums, expansion of the electric vehicle and health insurance portfolios, and the launch of an AI Sales Copilot system in the fourth quarter of 2026, which aims to raise the sales closing rate by about 1% to 2% and lift sales productivity from the current level of roughly 1.57 to 1.60 million baht per salesperson per year. The full-year positive impact is expected from 2027 onward.

Assurant has launched its Financial Services Ecosystem Protection business in Chile, extending the insurer's focus to everyday risks around payments, purchases, fraud and vehicle financing. The Chile launch lands during a softer patch for the shares, with the 30-day share price return down 7.7% and the 90-day share price return down 3.8%, though the stock still shows a 10.9% year-to-date share price gain and a 23.5% 1-year total shareholder return. Assurant now trades at $263.65, a discount to the most followed analyst view that values the company at $330 per share, implying roughly 20.1% undervaluation. The company's investments in AI, automation, robotics and digital platforms across Connected Living, Automotive and Housing are aimed at streamlining claims and operations and supporting net margin and earnings growth. The bullish case still hinges on lender placed housing avoiding tougher regulation and on institutional selling not turning into sustained pressure on the share price.

WTW has entered into an agreement with Sapien Software, LLC to provide global HR and deal intelligence software and solutions for mid-market companies involved in divestitures, mergers and acquisitions. The partnership supplies HR Management System, Human Capital Management System, payroll administration, international benefits administration and managed services as part of WTW's Human Capital Divestitures in a Box solution, a one-stop, pre-packaged HR offering that is globally scalable and designed to support both buyers and sellers. That solution combines WTW's M&A consulting expertise in due diligence, deal planning, workforce integration and employee communication with Sapien's human capital management software. Perry Papantonis, Senior Managing Director and Global M&A Leader at WTW, said the offering enables companies to accelerate day one readiness across all HR plans, programs and systems, reduce reliance on Transition Services Agreements, and enhance corporate and employee experiences during transactions. Ryan Tweedie, Managing Partner of Sapien, said the platform complements WTW's solution to deliver a one-stop, pre-packaged, cost-effective offering that lets buyers and sellers move with speed, precision and confidence. Sapien's technology is infused with AI for decision support queries and includes built-in managed services in every implementation.

Sun Life U.S. has launched Disability with Health Navigator, a new offering that pairs the company's disability insurance with its personalized care navigation service to help employees facing serious health conditions find appropriate care. Health Navigator connects members with specialized second opinions, specialty providers, centers of excellence and alternative sites of care, and is available year-round to every employee enrolled in the disability product, whether or not they have filed a claim. Joi Tillman, president of Group Benefits at Sun Life U.S., said combining disability insurance with Health Navigator can help employees find appropriate care and give employers another way to support better health outcomes. Jen Collier, president of Health and Risk Solutions at Sun Life U.S., said pairing the two creates a holistic approach to maintaining health or returning to productivity after a major health event. Health Navigator is also available as a standalone service and through Sun Life's medical stop-loss coverage, which protects employers who self-fund their health plans from the risk of high-dollar claims; the service provides navigation and advisory support but does not provide medical care. Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 48 million Americans access care and coverage, and Sun Life had total assets under management of C$1.70 trillion as of June 30, 2026.

The government is pressing ahead with a disaster insurance scheme to protect the public from floods, windstorms, and earthquakes, covering damage to homes and death benefits, with coverage running from October 1, 2026 to October 1, 2027. Apichat Phubanjerdkul, senior director of the strategic analysis division at Tisco Securities, told the Stock Vision news team that the scheme is a positive factor for investment sentiment in insurance stocks in the short term, given the opportunity to expand the business base and increase premium income. However, premium growth must be weighed against the burden of claims that could rise if a large-scale disaster occurs. Among the stocks likely to benefit, TIP Group Holdings, or TIPH, is one of the shares with higher liquidity and trading volume than many companies in the sector, with a P/E of around 12 to 13 times and a dividend yield of about 6%. Meanwhile, Thai Reinsurance, or THRE, which provides reinsurance, and TQR, which is a reinsurance broker, also stand to benefit from the market's expansion, but face liquidity constraints. THRE has average daily trading value of about 4 million baht, while TQR's trading value the previous day was about 200,000 baht. Other insurance and life insurance stocks, such as Thai Life Insurance, or TLI, and Bangkok Life Assurance, or BLA, may see positive effects but must be assessed on a company-by-company basis. Investors must also watch underwriting risks, especially setting premiums in line with actual risk levels, as shown by the lesson from COVID-19 insurance, which reflected that higher premiums do not always mean higher operating results.

Thai Life Insurance Public Company Limited, or TLI, has announced urgent measures to assist policyholders in 32 provinces affected by flooding, after continuous rain and floods caused damage in many areas. The company is extending the premium payment grace period by an additional 60 days from the original grace period deadline for policyholders whose premiums fall due between September 20, 2026 and December 31, 2026, with coverage resuming once outstanding premiums are paid in full. For ordinary installment policies where cash surrender value was automatically applied to pay premiums during the same period, if policyholders make payment within 6 months from the due date, the company will waive premium interest. The company is also waiving fees for issuing life insurance policies and policyholder identification cards that are damaged or lost, for those who contact the company by February 28, 2027. Policyholders can file claims through the Thai Life Insurance application, via fax claims through partner hospitals, or by contacting branches and agents. For more information, contact the Thai Life Insurance Care Center at 1124.

Thai Life Insurance Public Company Limited, or TLI, has announced urgent measures to ease the hardship of customers affected by continuous heavy rain and flooding in 32 provinces declared disaster areas. The main measures include extending the premium payment grace period by an additional 60 days from the original grace period due date, covering customers whose premiums are due between September 20 and December 31, 2026. Policies will immediately regain coverage once customers have paid their outstanding premiums. For ordinary installment policies, if cash surrender value is automatically applied to pay premiums during the same period, TLI will waive premium interest if the policyholder contacts the company to pay the premium within 6 months from the due date. In addition, TLI will waive fees for issuing replacement policies and policyholder identification cards in cases of damage or loss for customers who contact the company by February 28, 2027. On claims, customers can carry out transactions through the Thai Life Insurance application, use the fax claim service through partner hospitals, or contact branches and agents under the specified conditions. They can also inquire about policy information, claims, contract renewals, or new policy issuance at the TLI Care Center by calling 1124.