APAC
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
1 day ago
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
2 days ago
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
2 days ago
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
2 days ago
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
2 days ago
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
2 days ago
Liberty Mutual's net income hits $4.4b in FY 2024
For the year, revenue increased by 1.6% YoY to $50.2b.
2 days ago
AXA XL Insurance unveils new Asia CEO
She succeeds Gilles Fromageot.
3 days ago
Canopius bolsters APAC team with new head
He has more than 20 years of experience in the insurance industry.
4 days ago
WTW launches AI tool radar vision for insurers
It aims to improve underwriting profitability and reduce costs.
4 days ago
Allianz APAC posts 15% YoY jump in business volume for FY 2024
Taiwan recorded the largest NBV expansion with a 68% increase.
4 days ago
Crisis claims rise in APAC, says Willis report
21% of emergency repatriation incidents were due to political unrest last year.
4 days ago
Zurich Insurance Hong Kong bags double APE growth
The company’s customer net promoter score rose 15% YoY.
4 days ago
Navigating risk strategies for decommissioning traditional power plants
As the energy sector continues its evolution, operators must proactively approach risk mitigation strategies.
4 days ago
Allianz reports 16.7% increase in net income for FY 2024
It’s life and health segment saw the largest YoY increase of 14.7%.
4 days ago
Zurich announces leadership changes for APAC business
A new Chief Underwriting Officer and head of Technical Underwriting were named.
5 days ago
Insurers need data-based models amidst trillion-dollar solar storm scenario
Greater China is forecasted to record $429b whilst Asia-Pacific at $375.
5 days ago
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Navigating risk strategies for decommissioning traditional power plants