APAC
Asia bears $17b of Q1 natural disaster economic loss
Less than half of the global economic losses were insured during Q1’24.
14 hours ago
Asia bears $17b of Q1 natural disaster economic loss
Less than half of the global economic losses were insured during Q1’24.
14 hours ago
Liberty Mutual bolsters capabilities to expand in APAC
Liberty Specialty Markets and Asia Retail Markets will merge.
15 hours ago
How insurance companies can embrace sustainability
A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.
16 hours ago
Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
1 day ago
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
1 day ago
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
1 day ago
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
1 day ago
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
1 day ago
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
2 days ago
25% of employers to enhance insurance coverage in the next two years
More than half of companies are already offering health and wellbeing benefits.
2 days ago
Management addresses market demands at Jefferies call
Debt leverage remains within substantial headroom.
2 days ago
BNP Paribas to acquire Fosun’s 9% stake in Ageas for $774m
The acquisition will be done in two tranches.
3 days ago
Canopius partners with Group-IB for cyber insurance boost
It aims to provide Canopius policyholders with advanced threat intelligence.
3 days ago
Miller grows Cargo team with APAC hire
Albert Ferriolo will be collaborating with the global head of Cargo, Jamie Kearney.
3 days ago
Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
4 days ago
Guy Carp appoints new managing director for credit, bond and political risk division
Chu has been in the reinsurance market throughout his 30-year career.
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
Commentary
Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28