APAC
Asia-Pacific insurers expand capacity for sound green projects
Asia-Pacific insurers expand capacity for sound green projects
APAC contributed about 421.5 GW of new renewable capacity over the past 10 years.
Asia-Pacific aviation insurance to grow 8.7% through 2032
Globally, the market is projected to accumulate $7.1b by then.
Willis launches $200m cargo cover with Markel for war risk
The facility offers tailored coverage through a single policy.
Professional liability insurance is set to bag $81.2b in 7 years
APAC led the market in 2023, accounting fo 75% of total revenue.
This week in insurance: FWD IPO debuts, Global premium outlook dim, Thai claims rise from quake disaster
HSBC Life also launched a HNWI-specific product with gold tracking.
Aon reports $1.75b in M&A insurance claims globally
APAC saw a rise in Warranty & Indemnity policies last year.
General aviation gains stable rates with underwriting surplus: WTW
Around $100m in premiums are typically placed around 1 July.
Generative AI in insurance to hit $14.4b by 2032
Asia-Pacific is projected to grow the fastest, at a CAGR of 38.1%.
Specialty insurance market to grow $57b by 2028 on demand shift
Thanks to the demand for more tailored risk coverage amidst increasing globalisation.
Global insurers post 6.8% premium gain in 2024 on expansion
Eighteen out of the 20 companies reported premium growth.
Swiss Re sees global premium growth easing to 2% in 2025
China’s growth is expected to slow to 4.7% next year.
Canopius names Micia Yong APAC head of Property & Specialty Treaty
She brings over 16 years of experience in reinsurance underwriting and broking.
APAC motor insurance slated for 5.6% CAGR by 2029
China, Japan, Australia, South Korea, and India are top market performers.
Peak Reinsurance lauded as Asian Reinsurer of the Year - Gold at Insurance Asia Awards 2025
The company reported a net profit after tax of US$187m, achieving a stellar performance amidst a challenging economic environment.
Asia’s finest insurers, innovations lauded at the 10th Insurance Asia Awards
The awards programme showcased industry leaders reshaping the future of insurance in Asia Pacific.
Cyber insurance outlook stable, supported by new capital and regulation
Growth is expected to be driven by SMEs in Asia and Europe.
Agricultural insurance market to hit $67.4b by 2032
High premiums and limited access for marginal farmers could constrain growth.
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AI isn’t replacing insurance, it’s finally making it work