APAC

Insurance rates decline in Q1’24

Rates in catastrophe-exposed regions were stable despite declines.
20 hours ago

Insurance rates decline in Q1’24

Rates in catastrophe-exposed regions were stable despite declines.
20 hours ago

Arthur J. Gallagher & Co.’s Q1’24 earnings surge 26% YoY

It closed a total of 12 acquisitions during the period.
20 hours ago

Aon's revenue climbs 5% YoY in Q1’24

Earnings per share stood at $5.35 during the quarter.
21 hours ago

The global insurance market projects a 4.5% CAGR increase by 2027

Demand for car and travel insurance is increasing, amidst mandatory coverage.
22 hours ago

WTW’s net income falls 6% YoY in Q1'24

Diluted EPS for the quarter was at $1.83.
3 days ago

AI insurance tech receives $2b investment in 2023

Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
4 days ago

Munich Re projects $2b net profit in Q1’24

It forecasts a net profit of €5b for the year, 9% higher than 2023.
4 days ago

MS Amlin onboards Moody’s RMS

MS Amlin will utilise Moody’s cloud-native applications for underwriting, capital and pricing.
5 days ago

Chubb witnesses 13.3% net income surge in Q1’24

The group saw strong results in its commercial and consumer P&C and Asia life businesses.
5 days ago

Veteran DBS banker joins Kairos

Stephen Lee has more than 30 years of experience in the industry.
5 days ago

QBE Asia taps new business development lead

Jordan Steward carries about eight years of experience in the industry.
5 days ago

Chubb acquires Healthy Paws

It is acquiring the pet insurer from Aon.
6 days ago

Swiss Re to roll out AI tool for better decision-making

The initiative is set for a broader rollout later in the year.
6 days ago

SEADRIF confirms Kawai as leader in disaster risk

He will also serve as the secretary general of the ASEAN +3 DRF initiative.
6 days ago

Reinsurers see April renewals stabilise

Increased capacity alongside demand was seen in APAC, says Aon.
6 days ago

Marsh McLennan Q1’24 revenue up 9% to $6.5b

Marsh’s APAC business saw its revenue jump 6% YoY.

Munich Re's regional restructuring focuses on P&C business

New leaders have been selected for Japan, Korea, and India.