APAC

Howden targets seafarer cover gap with SAFER at Home

The product provides basic hospitalisation protection for crew members between contracts.
1 day ago

SMEs face cyber cover gap after 34.7% suffer attacks

Only 16.8% of small businesses worldwide hold standalone cyber insurance.
1 day ago

APAC insurance outsourcing jumps 45.8% as global assets hit $5.5t record

Outsourced AUM reaches $573b, or 10.5% of the global total.
1 day ago

Asia watch claims jump 21% as theft rises

The global average increase was lower at 17% over the past three years.
2 days ago

Only 2 in 5 insurers use AI for underwriting

Across 10 major markets, researchers identified 126 active insurance artificial intelligence cases.
2 days ago

How can insurers win customers' trust in AI?

Consumers will switch providers over data privacy or transparency concerns.
3 days ago

India renewables face $55b climate loss risk

The study assessed 871 planned clean energy locations across 10 states and territories.
3 days ago

Allianz says $125b in cargo remains stranded in Gulf

Hull and cargo premiums increased during the conflict.
3 days ago

This week in insurance: Asians prioritise self-sufficiency, AI gaps emerge, and disaster losses mount

MAS to consult on new Protected Cell Company structure for insurance.
5 days ago

APAC insurers stay stable despite claims pressure: Fitch Ratings

Non-life insurers face higher claims costs that are reducing underwriting margins.
6 days ago

Asia-Pacific insurers turn to emerging market debt for yield

Investment-grade issuance now accounts for more than half of the market.
6 days ago

Uninsured climate losses could hit $41.4t: Moody’s

About 2.7 billion people lived in areas exposed to flooding risks as of 2020.

APAC insurers turn to private credit as bond shortages squeeze yields

The asset class helps match long-term liabilities in markets with scarce high-quality local bonds.

APAC insurance IT budgets rise as AI reshapes spending priorities

Reducing costs increasing revenue and meeting regulations are emerging as key business goals.

Digital insurance platforms to hit $432.2b by 2035 amidst cost-cutting

Adoption is rising as companies seek better decision accuracy.

APAC wealth insurance trails North America at $23.8b

The global market for wealthy individual insurance was valued at $103.5b in 2024.