In Focus
What risks insurers warn of in evolving motor insurance sector
What risks insurers warn of in evolving motor insurance sector
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
Only a fifth of Asia, Africa’s natural disaster losses insured in H1 2024
Total losses from natural disasters amounted to $40b.
How secure are systems now in the insurance industry?
Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
CEO on mounting regulatory challenges for APAC insurers
Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
FundPark, HKECIC bare pioneering effort for insured growth for Hong Kong SMEs
Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
Allianz Lanka’s new CEO shares 5 strategies for insurers to drive growth
The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.
Insurance Asia Awards 2024 spotlights groundbreaking innovation in pioneering solutions
Winning companies were honoured at the Awards Dinner on 9 July 2024.
India's M&A insurance market sees competitive shift
Value of deals surged by 60% to $20b in Q1 2024.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
Insurers face customer churn as prices rise in select products
Experts pin 3 ways to adapt to a more ‘demanding’ customer base.
Rising healthcare fees hinder financial stability amongst HK residents
The survey revealed 19% of people would pay for cheaper plans and fewer benefits.
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1. Singapore moms juggle family tasks and money matters 2. Philippine banks and insurers called to pursue human-centred AI adoption 3. Aon acquires Mitsubishi Chemical's insurance agency business 4. Singapore life annuity insurance market to grow by $603m by 2028 5. PH banks and insurers face MSME credit gap, AI fraud, climate riskResource Center
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Navigating risk strategies for decommissioning traditional power plants