APAC
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