APAC
Parametric insurance market to grow 12% by 2032
Parametric insurance market to grow 12% by 2032
AXA and Munich Re are leading the parametric insurance market.
Reinsurers face billions in California fire claims
Gallagher Re revised its insured losses estimation to $20b-$30b.
Global insured losses peak third highest since 1980
Not even half of the total losses were insured.
Global reinsurers set to keep profits high in 2025
This is forecast to happen despite lower rates in the January renewals.
Insurance operations complicated by foreign investment decline
The decline is mainly due to geopolitical tensions, COVID-19, and Russia-Ukraine war.
Insurtech market forecasted at 42% CAGR by 2028
The marketing and distribution segment is expected to see substantial growth.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
MSIG Asia targets 15% CAGR in profit growth
The insurer also signalled that Asia-Pacific has the most growth potential.
Reinsurers focus on cybersecurity, pandemic risks
Roland Berger said reinsurers must continuously refine pricing, underwriting, and claims.
Manulife Asia, MDRT partner for agent development
MDRT will provide Manulife agents with tools and training to enhance skills.
Cyber reinsurance market sees increased competition: Gallagher Re
Discussions around cyber war, a 2024 hot topic, was less this year.
Allianz reveals top business risks for 2025
Natural catastrophes held the third spot in Asia.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
FM Global stresses insurance readiness amidst extreme weather in Asia
La Niña could emerge weakly in late 2024 and early 2025.
Insurance-linked securities proposed for cyber threats: Geneva Association
It will attract additional risk-bearing capacity from outside the sector.
T. Rowe Price boosts Asia team with senior hire
She brings over two decades of experience in investment and research.
Rate pressure continues in aviation insurance: Gallagher Re
The Jeju Airline loss calls for revising airline insurance pricing.
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1. Vietnam’s life insurance sector slated for dip this 2025 2. BFSI sector leads cyber insurance adoption at 35% to 40% share 3. Malaysia’s healthcare system faces funding, cost challenges 4. This week in insurance: Singapore's insurance sector sees market growth 5. Few Singapore SMEs have cyber insuranceResource Center
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