APAC
This week in insurance: Asia reinsurance prices fall, Middle East tensions raise risk, insurers roll out AI and legacy products
This week in insurance: Asia reinsurance prices fall, Middle East tensions raise risk, insurers roll out AI and legacy products
Ongoing conflict in the Middle East is increasing operational and insurance pressures.
1 day ago
Critical illness insurance seen growing 11.4% CAGR through 2034
Forecast value reaches $365.92b by 2034 from $154.28b in 2026.
2 days ago
Reinsurance capital jumps 10% as new entrants crowd market: Guy Carpenter
Growth is driven by asset managers increasing exposure to life risk transfer strategies.
2 days ago
Over half of investors require insurance for crypto asset exposure
Security concerns remain dominant even as most respondents see low systemic risk.
2 days ago
Asia’s marine insurers face rising losses from climate labour risks
Extreme weather frequency hits its highest level in 5 years whilst crew shortages strain operations.
2 days ago
Zurich names Shukla to lead Asia-Pacific digital push
He takes charge of Zurich Edge the firms regional embedded insurance unit.
3 days ago
HDI Global taps Beblo to drive property expansion
He takes charge of the worldwide Property Local Risk portfolio starting 1 May.
3 days ago
Non-life leads reinsurance market with 57% share as brokers hit 72%
The non-life segment is forecast to grow 7.6% annually through 2035.
3 days ago
Insurers face capacity strain as $300b data centre boom grows
Total insurable values per site can reach $20b to $30b, raising aggregation concerns.
3 days ago
Asia-Pacific insurers stay stable as war fuels market swings
S&P expects capital buffers to absorb investment and underwriting strain for now.
4 days ago
Reinsurance rethinks cyber tail losses as market hits $16b
Global gross written premiums climbed from around $8b in 2020.
4 days ago
Half of firms flag AI errors as insurers lag coverage
The report finds liability often falls on companies deploying tools, not developers.
5 days ago
Chubb names Kevin Rampe as global claims officer
Rampe joined Chubb in 2005.
5 days ago
Asia and European insurers lead as US peers lose $226b in market cap
Asian and European insurers captured seven of the top 10 global spots.
5 days ago
How can APAC insurers close the gap on climate risk readiness?
Physical climate risk is now seen as a wider financial threat beyond underwriting.
6 days ago
Trade credit insurers face higher default risk from Middle East conflict
Geopolitical and political risk is now cited as the top concern by 65% of firms.
6 days ago
Airlines face rising insurance premiums amidst Middle East conflict
Insurers and brokers are helping airlines develop programmes that reward better risk management.
6 days ago
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1. Malaysia finance firms see AI ambitions falter as legacy systems block progress 2. Asia and European insurers lead as US peers lose $226b in market cap 3. Tokio Marine completes $1.8b share disposal to Berkshire unit 4. Hong Kong reviews medical insurance on affordability concerns 5. CEO says Malaysian insurers face uninsurable risks as compliance focus growsResource Center
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