APAC
Global insured losses hit $80b in H1 2025
Global insured losses hit $80b in H1 2025
Myanmar’s quake led to ~$1.5b insured losses for Thailand.
Canopius Group posts 24% profit rise to $222m in H1 2025
Thanks to higher premium volumes and improved underwriting.
Manulife Asia records $520m Q2 2025 core earnings
It also reported a 34% YoY increase in new business contractual service margin.
Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re
Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
Trade credit insurance market to grow 10.7% annually through 2033
Asia-Pacific is forecast to grow at the fastest rate.
Willis appoints Atilgan as head of trade credit growth in Asia
He has over 20 years of experience in finance, banking, and insurance.
Insurance aggregators forecast $130b growth by 2031
APAC is set to see strong growth, particularly in India and China.
Nuclear energy gains traction with insurers on project risks
Insurers are pushing for customised products that better fit these risks.
Global crop insurers expand with 8.7% annual growth rate
Asia-Pacific is expected to see the fastest growth.
Pacific insurers cut rates as property and cyber drive decline
Property rates dropped 13%.
This week in insurance: Insurance M&A volume falls, HK insurance premiums hit $28.6b, Tokio Marine rebrands direct auto insurance unit
Global insurance carrier M&A activity dropped to its lowest level.
Energy insurers report $2b in claims as rates continue falling
Due to increased capacity and competition, particularly in local and int’l markets.
Aon names DeBrunner to lead global accounting functions
He will succeed Michael Neller, who has held the role since 2018.
Insurance rates fall across major lines in Asia during Q2 2025
Property insurance rates dipped 5%, driven by strong competition amongst insurers.
P&C insurers see steady 4.3% CAGR through 2032
Demand is rising in APAC due to urbanisation and increased risk awareness.
BMS strengthens financial lines with dual national appointments
Both McMillan and Jani joined BMS following its acquisition of Bluebook Brokers.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
