In Focus
Health planning amongst top financial goals of 3 in 10 Hongkongers
Health planning amongst top financial goals of 3 in 10 Hongkongers
More than half use cash savings to accomplish such goal.
Philippine insurance density inches down in 2022
A total of 128 out of 130 companies submitted data to the Insurance Commission.
S.Korea insurance industry to see 4.7% jump in GWP in 2027
This is due to a regulatory proposal to deregulate digital insurance innovations.
India's first-year premiums drop 16.8% YoY in February
CareEdge Ratings attribute the decrease to the YoY decline in group premiums.
Demand for risk insurance in Asia 'steady' in 2023: Marsh
This is due to the expansion of the Asian market’s capacity for warranty and indemnity insurance
APAC outperforms as global insurance M&A hit 10-year high in 2022
A slowdown in M&A deals in H2 offset some regions' performance.
Natural hazard losses, inflation weigh on APAC reinsurers in 2023
Increase in costs of claims will add pressurers to profits.
Singapore's new insurance premiums fall 5.2% in 2022
Rising interest rates and inflation dented demand for life insurance products.
What key skills insurers are hunting for in new hires
Jobs in digital transformation, data management, and data analytics will remain competitive.
APAC insured losses reach $11b in 2022: Aon
Australian flooding events were the costliest for insurers with $4b in insured losses.
Singapore Business Review’s Insurance Rankings sees slow growth amongst top 50 insurers
The top 50 insurers saw 5.1% growth in 2021.
Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Why India will become the 6th biggest insurance market by 2032
Total insurance premiums is growing by 14% annually.
Singapore insurers to profit over shift to digital initiatives: GlobalData
The market share of the top five insurers grew by 3.2 percentage points in 2021.
GIA’s system detects fraud overlooked by insurers
The Fraud Management System uses data analytics and AI that analyse suspicious claims.
The triple threat for marine insurance
These threats are causing the industry $9.53b worth of losses.
Electric vehicles to drive motor insurance growth in South Korea
The number of insured EVs tripled from 2018 to 2021.
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1. Philippine banks and insurers called to pursue human-centred AI adoption 2. Singapore life annuity insurance market to grow by $603m by 2028 3. Aon acquires Mitsubishi Chemical's insurance agency business 4. PH banks and insurers face MSME credit gap, AI fraud, climate risk 5. Manulife extends partnership with CUHK Medical CentreResource Center
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Navigating risk strategies for decommissioning traditional power plants