APAC

AIA maintains strong capital position in 2024: Fitch

Thanks to a coverage ratio of 262% under the local capital summation method.
16 hours ago

Insurance may serve only the rich by 2040

The  Economist Impact and SAS study identified four scenarios for the industry's future.
1 day ago

Miller names new APAC head of power

McGonagle joins with over a decade of experience in the sector.
1 day ago

Climate change drives $600b in insured losses over 20 years

28 leading global insurers saw climate-related losses reach $10.6b.
2 days ago

Philippines to modernise insurance data privacy practices

IC and NPC will jointly develop guidelines to ensure responsible execution.
3 days ago

Asia shies away from savings to protection products

This is to align with ICS and IFRS 17 standards.
3 days ago

Global insurance brokerage sector to reach $628.3b by 2032

The wholesale segment is anticipated to have the highest growth rate at 12.7%.
3 days ago

Global cyber insurance market to hit $97.3b by 2032

This is driven by the rising complexity and frequency of cyberattacks.
3 days ago

Insured losses top $100b for fifth consecutive year

Annual insured losses are expected to rise by 5% to 7%.
3 days ago

Recession, inflation top business risks for G20 leaders in next 2 years: survey

Other concerns include poverty and inequality and extreme weather events.
3 days ago

Insurers face challenges from aviation grey zone conflicts

GPS spoofing and jamming are growing threats for insurers.
6 days ago

International Association of Insurance Supervisors sees stable 2025

Supervisors are implementing stress testing and contingency planning to mitigate risks. 
6 days ago

Mining insurance rates in Asia show slight decrease in 2024

Singapore’s property reinsurance rates showed small reductions in risks outside NatCats.
6 days ago

Aerospace insurance capacity outstrips rate adjustments: WTW

The fourth quarter sees about 70% of global annual airline premiums renewed.
6 days ago

CoverGo Claims offers real-time data integration for insurers

CoverGo also said the platform reduces operational costs.

Zurich and GoImpact offer climate risk tools in APAC

The collaboration provides solutions such as climate risk assessments.