APAC
Swiss Re reports Asia’s protection gaps hit $390b in 2024
Swiss Re reports Asia’s protection gaps hit $390b in 2024
China leads with a $143b health protection gap.
Insured losses top $100b in 2025: Willis
Wildfires in Japan and South Korea this year mark a turning point for climate risk.
Global insurance M&A volume falls with 95 H1 2025 deals
Asia-Pacific was the third highest in terms of deals closed.
Insurers must adapt to 'liquid risk' amidst growing global volatility
Climate-related losses and AI-driven misinformation are already straining the industry.
QBE Foundation delivers S$875k for insurance-led climate aid
The funding will help provide insurance access.
Insurers broaden AI use beyond underwriting in Q3 2025
The industry saw higher AI adoption rates in customer service.
Allianz Commercial appoints Nguyen-Huu as global head of portfolio
Daniel Head will join Allianz Commercial in the UK as head of Portfolio Solutions.
MS Amlin names Christiern Dart as CEO from January 2026
He brings more than 30 years of experience in international (re)insurance.
This week in insurance: APAC engineering cover leads growth, H1 NatCat losses hit $84b, Allianz-Jio form India reinsurer
Global commercial insurance rates fell by 4% in the second quarter of 2025.
Blockchain in insurance to grow 53.7% annually
The market was valued at $2b in 2024.
Global insurance rates fall 4% in Q2 2025 on competition gains
All regions reported year-on-year rate reductions.
Auto insurance market to reach $2.27t by 2032
Asia-Pacific is forecast to be the fastest-growing region through 2032.
Chubb posts 33% Q2 2025 profit surge as income hits $3b
Regionally, premiums rose 12.7% in Asia.
APAC to lead medical liability insurance market with 14.1% CAGR
Globally, the market was valued at $12.5b in 2021.
Annuity insurance market to grow 4% annually, reaching $1.5t by 2032
But high cost of annuities and other constraints hinder market growth to some extent.
Only 4% of insurers fully trust AI agents despite growing interest
42% of insurers have yet to develop a formal strategy for deploying AI agents.
Guy Carpenter names Hakes global head of Marine, Energy and Technical Lines
He has over two decades of experience in the industry.
Commentary
AI isn’t replacing insurance, it’s finally making it work