APAC
Insurance BPO forecast shows $5.4b rise over nine years
Insurance BPO forecast shows $5.4b rise over nine years
APAC is also forecasted to be the fastest-growing region.
2 days ago
Aon launches growth tool to help insurers benchmark performance
It enables insurers to self-assess across seven key performance categories.
2 days ago
Manulife appoints new Chief Actuary
Hung Ko will also take on an expanded role following Stephanie Fadous’ appointment.
3 days ago
S&P warns trade volatility may pressure reinsurer portfolios
Top 19 global reinsurers are expected to absorb around 20% of personal lines losses.
3 days ago
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
4 days ago
This week in insurance: Japan seeks int’l growth, Ping An cuts carbon footprint, Tokio Marine sells Mitsubishi stake
AXA Hong Kong and Macau also partnered with Ant Bank (Hong Kong) and AlipayHK.
6 days ago
Income protection market to hit $56b by 2033, APAC to lead growth
The region will benefit from stable financing and supportive policy frameworks.
6 days ago
Howden Re sees 10% to 15% rate cuts in Japan catastrophe cover
Japan remains a key market for reinsurers due to its large volume.
6 days ago
How did top insurers by market cap perform in Q1 2025?
China’s PICC Property and Casualty led gains with a 40.5% rise in market value.
Allianz flags rising business exposure to civil unrest risk
APAC recorded nearly 40,000 protests and riots in 2024, highest globally.
Asia’s energy sector benefits from soft insurance market: Willis
Insurers also continue to provide strong capacity with new and expanded offerings.
BMS Group appoints new chairman
He was most recently CEO and Chairman of the Executive Board at Hannover Re.
Trade credit insurance ‘key’ to SME growth: ICISA
The association also stated 6 recommendations for policymakers and regulators.
APAC’s group health insurance market slated for 12.2% CAGR by 2031
Globally, the market is seen to bag $1.8t.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.
Insurance M&A expected to rebound in 2025 with investor confidence
Asia may see more inbound M&A, driven in part by currency advantages for US buyers.
Insurers urged to modernise amidst looming talent shortages: Bain & Co.
Life insurers are struggling to stay relevant, especially amongst younger consumers.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs