APAC
PwC's Chris Hewison explores how Asia's insurers can thrive amidst tech disruption and shifting customer demands
PwC's Chris Hewison explores how Asia's insurers can thrive amidst tech disruption and shifting customer demands
Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
2 hours ago
Prudential’s new business profit rise 12% to $608m in Q1
Its Singapore and Hong Kong businesses logged double-digit growth.
1 day ago
WTW Construction Risk promotes Trent Williams to oversee placements
He previously served as head of Broking, Pacific for seven years.
3 days ago
Aon's net income contracts in Q1 2025
Diluted earnings per share also dipped 17% YoY to $4.43.
3 days ago
WTW’s Q1 2025 net income leaps 23% YoY
EPS was at $2.33.
3 days ago
APAC’s commercial auto insurance set for steady 3.2% CAGR
Globally, the market is forecasted to register CAGR of 9.9%.
4 days ago
Asia Pacific to lead global motor insurance growth
The market is also estimated to have bagged $833.8b last year.
4 days ago
What will drive the reinsurance sector to bag $68b in four years?
In 2023, APAC accounted for 13.3% of global reinsurance premiums.
4 days ago
This week in insurance: Insurers scale back on HK boomers, China eyes nonstandard securitisations, Zhibao's new reinsurance unit
Losses from the 7.7-magnitude Myanmar earthquake in March will also be absorbed by reinsurers.
6 days ago
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
Insurance Development Forum pushes insurance access with 2025–30 strategy shift
It also plans to strengthen public-private partnerships.
Chubb’s Q1 2025 profit dips 38%
P&C lines' premium growth was 6.1% for the region.
Central Asia insurers diversify portfolios with reinsurance play: AM Best
Despite the shift possibly driving profits, AM Best still warns of risks.
P&C insurance market prepares for demographic shift by 2050: Capgemini
45% of consumers expect to spend more on lifestyle upgrades.
Asia’s commercial rates contracts in Q1 2025
This is the fifth consecutive quarter that rates have fallen.
Swiss Re brings in 17-year CRO veteran for top risk role
He will succeed Patrick Raaflaub, who is stepping down from the role.
Insurance companies risk missing $160b without AI scale
Those who successfully deploy AI invest about 30% more in AI capabilities than peers.
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1. Manulife SG unveils indexed universal life solution for wealth preservation 2. What will drive the reinsurance sector to bag $68b in four years? 3. Hong Kong’s insurance premiums reach $83b in 2024 4. Manulife Hong Kong launches two critical illness products with income aid 5. Manulife dares startups to tackle Asia’s age imbalanceResource Center
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Awards
Jul
08
Event News
Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs