APAC
Over half of investors require insurance for crypto asset exposure
Over half of investors require insurance for crypto asset exposure
Security concerns remain dominant even as most respondents see low systemic risk.
Asia’s marine insurers face rising losses from climate labour risks
Extreme weather frequency hits its highest level in 5 years whilst crew shortages strain operations.
Zurich names Shukla to lead Asia-Pacific digital push
He takes charge of Zurich Edge the firms regional embedded insurance unit.
HDI Global taps Beblo to drive property expansion
He takes charge of the worldwide Property Local Risk portfolio starting 1 May.
Non-life leads reinsurance market with 57% share as brokers hit 72%
The non-life segment is forecast to grow 7.6% annually through 2035.
Insurers face capacity strain as $300b data centre boom grows
Total insurable values per site can reach $20b to $30b, raising aggregation concerns.
Asia-Pacific insurers stay stable as war fuels market swings
S&P expects capital buffers to absorb investment and underwriting strain for now.
Reinsurance rethinks cyber tail losses as market hits $16b
Global gross written premiums climbed from around $8b in 2020.
Half of firms flag AI errors as insurers lag coverage
The report finds liability often falls on companies deploying tools, not developers.
Chubb names Kevin Rampe as global claims officer
Rampe joined Chubb in 2005.
Asia and European insurers lead as US peers lose $226b in market cap
Asian and European insurers captured seven of the top 10 global spots.
How can APAC insurers close the gap on climate risk readiness?
Physical climate risk is now seen as a wider financial threat beyond underwriting.
Trade credit insurers face higher default risk from Middle East conflict
Geopolitical and political risk is now cited as the top concern by 65% of firms.
Airlines face rising insurance premiums amidst Middle East conflict
Insurers and brokers are helping airlines develop programmes that reward better risk management.
APAC pension markets expand as global assets hit $68.3t
Japan remains a major contributor.
Asia and India reinsurance prices fall on excess capacity: Marsh
Japan saw double-digit price drops in property catastrophe and property per risk lines.
This week in insurance: New health and cyber products launch, Japan solvency remains strong, AI focus intensifies
Reinsurance renewals at 1 April continued the softening trend.
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From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
