APAC

WTW’s net income surges 48% YoY in Q2 2024

Its revenue increased by 5% YoY to $2.3b.
23 hours ago

WTW’s net income surges 48% YoY in Q2 2024

Its revenue increased by 5% YoY to $2.3b.
23 hours ago

AIA's OPAT, EPS set for sub-1% growth in H1 2024

Its VONB is also seen to surge by 21%.
1 day ago

Insured losses to reach $1.08b in CrowdStrike fallout

This is equivalent to about a fifth of the total financial loss of $5.4b.
1 day ago

How modular construction and project cargo insurance are connected

The modular construction market size is estimated at $64b in 2024.
1 day ago

Asian insurance rates suffer in Q2 amidst rising competition

All lines of business witnessed declines during the period.
1 day ago

Global insurers see 6.2% growth in average premiums

China Life Insurance topped its regional peers and was in 5th place globally.
2 days ago

Moody’s advises on cyber policy clarity post-CrowdStrike event

The extent and terms of coverage within individual policies will vary.
2 days ago

CEO on mounting regulatory challenges for APAC insurers

Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.
2 days ago

Chubb's Q2 2024 net income jumps 24.3% YoY to $2b

The region’s P&C net premiums surged by 33% YoY.
2 days ago

WTW appoints new lead for M&A in APAC, Africa

He has worked as a lawyer at Norton Rose and co-founded Risk Capital Advisors.
2 days ago

CrowdStrike incident unlikely to impact global insurer finances

Industries requiring 24/7 availability will be more affected, especially in APAC.
3 days ago

Cyber insurers examine common tech dependencies after crash

Guy Carpenter will assess the impact on tail risk and the $15.5b industry.
3 days ago

Re/insurers reevaluate policies after CrowdStrike system crash

Aon sees an opportunity to improve the granularity of policy information.
3 days ago

Cyber risk outshines industry threats, surpassing natural disasters

As more firms store data, they become more vulnerable to attacks.
3 days ago

Munich Re's capitalisation exceeds strongest requirements

Munich Re reported a net profit of $5.02b in 2023.
4 days ago

P&C reinsurers post strong Q1 underwriting income

The average combined ratio for the selected reinsurers was 84.2% in Q1.
4 days ago

Marsh McLennan reports 6% YoY revenue rise in Q2 2024

Asia Pacific’s underlying revenue climbed 70% YoY.
4 days ago