Insurance
APAC holds nearly a fifth of top insurers with 85.8% premium share
The data spans the years 2019 to 2023.
APAC holds nearly a fifth of top insurers with 85.8% premium share
The data spans the years 2019 to 2023.
Australia leads APAC in cyber insurance uptake
Demand for cyber insurance in the region is growing at nearly 50% annually.
HK’s new capital regime to strengthen enterprise risk management
It is prompting (re)insurers to adjust their business and investment strategies.
Australia's general insurance premiums rise 5.7% in H1 2024
The number of intermediaries inched down 1.4%.
Insurance, bank deposits boost Malaysia's economy
The net financial assets per capita of Malaysians stood at EUR9,430, said Allianz.
West's Hong Kong office welcomes new CEO
His role is effective in December.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Credit insurance gains focus amidst liquidity crunch
Japan reduced its days receivable to 42 days, best in the region.
Global equities attract more pension investments
It is expected to continue as larger pension plans diversify their equity strategies.
Prudential ups stake in Nigerian venture
This increases Prudential's ownership from the 51% stake it acquired in 2017.
Global risks could squeeze Asia Insurance's profits
Underwriting profits are expected to narrow over the next two years.
PSC shareholders vote for Ardonagh merger
The transaction is expected to close around 11 October.
Reinsurance market slated for 6.5% annual growth until 2032
Thanks to reinsurers expanding into new markets.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
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Humans need to be in insurance’s genAI loop
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Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
