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.