APAC
Corporate boards overconfident despite worsening cyber claims
Corporate boards overconfident despite worsening cyber claims
Claims data showed that ransomware attacks averaged a loss of $2.7m.
Marsh McLennan to rebrand as Marsh in 2026 with new tech unit
The firm’s four main businesses will adopt the Marsh brand beginning in 2027.
QBE Re appoints Cindy Foo as head of Asia treaty unit in Singapore
Foo has more than 20 years of experience in the reinsurance industry.
Commercial pension insurance market to hit $1.28t by 2029
Growth is driven by expanding gig and self-employed workforce.
Why insurers are trusted more than governments to manage future global risks
59% say their country is fragmented.
Insurers plan for leaner 2026 as pricing momentum eases
The property and casualty segment is expected to see a moderation in growth.
Insurers strengthen cyber governance as oversight shifts to CEOs
About 40% said CEO compensation is now tied to cybersecurity performance.
Markel names Tom Hillier as CUO for international operations
Roles of Wholesale and National Markets managing directors will be removed.
Private mortgage insurance market projected to rise to $9.7b by 2029
The market is slated for a 9.5% growth this year.
Insurers set tougher terms as ransomware containment improves 33%
Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.
Corporate life insurance market set for $1.28t by 2029
This represents a compound annual growth rate (CAGR) of 7.1%.
Construction insurance market slated for 5.6% CAGR through 2029
The market is seen to bag $10.42b in four years.
Aon strengthens Asia reinsurance leadership with new chairman
Chisholm will oversee the Global Clients Segment for the Asia region.
SME commercial insurance market to hit $155b by 2029
The market was valued at $111.83b in 2024.
Crop weather index insurance market to hit $3.3b by 2029
Growth has been supported by greater climate unpredictability.
Financial management insurance market to grow 7% annually
The market was valued at $5.09b in 2024.
Commercial vehicle insurance market to reach $199b by 2029
The market was valued at $141.52b in 2024.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness