APAC

Hurricanes, floods, and wildfires caused $2t in economic losses over the past decade.

Adrian Hill has been appointed Chief Digital & Consumer Officer.

The top 10 reinsurers account for 87% of the global cyber GWP.

IDF RMSG has also published a series of Parametric Insurance Case Studies. 

In collaboration with HL Assurance, it is designed to cover high-value collectables.

It saw a strong growth trajectory in Hong Kong and Macau.

Insured natural catastrophe losses in 2025 will be about the same level as last year.

Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.

Its Singapore and Hong Kong businesses logged double-digit growth.

He previously served as head of Broking, Pacific for seven years.

Diluted earnings per share also dipped 17% YoY to $4.43.

EPS was at $2.33.

Globally, the market is forecasted to register CAGR of 9.9%.

The market is also estimated to have bagged $833.8b last year.

In 2023, APAC accounted for 13.3% of global reinsurance premiums.

Losses from the 7.7-magnitude Myanmar earthquake in March will also be absorbed by reinsurers.