APAC
Employers cut insurance benefits as costs reshape strategies across APAC
Employers cut insurance benefits as costs reshape strategies across APAC
Looking ahead, 33% of organisations plan to enhance outpatient insurance.
Zurich Resilience launches climate spotlight in Asia Pacific rollout
The tool provides climate data and analysis.
Lenders’ mortgage insurance market to bag $9.85b in 2025
Asia-Pacific is projected to be the fastest-growing region through to 2029.
Ocean hull premiums grow as fleet value climbs to $1.54t
Asia-Pacific accounted for 35% of market premiums.
Cyber insurance market grows 7% to $15b in 2024
Despite softer demand and rising competition, the sector remained profitable.
WTW, Sompo form global partnership on Radar pricing rollout
The Japanese company said it allows them to revise premiums faster.
Canopius Group appoints Ray Wong as APAC energy underwriter
Wong will be based in Singapore and report to Johnny Kim.
Zurich Insurance set to sustain strong earnings despite pressures
It achieved its 2023 to 2025 targets early and set new goals through 2027.
Aon boosts insurer communication with platform for catastrophes
It provides real-time loss estimates through Impact Forecasting’s Automated Event Response.
Tokio Marine Kiln appoints Phoebe Liew as special risks underwriter
Liew joins from Texel in Singapore.
Swiss Re predicts higher claims with peak catastrophe year
AI is also set to play a bigger role for underwriting.
How did the P&C insurance market double in size in 20 years?
Swiss Re projects premiums will grow in line with GDP over the next decade.
Insurers retain catastrophe risk as new capital enters reinsurance sector
Since 2022, about $35b of new capital has entered the sector.
Reinsurance capital hits $735b amidst strong earnings
Also, 38% of global catastrophe losses in the first half of 2025 were uninsured.
Howden names Rebecca Poon as chief client officer for Hong Kong
Poon was previously managing director at Marsh Hong Kong.
AM Best says 2024 health reinsurance growth outpaces past decade
Ceded premiums rose more than 30% to $66b, the largest annual increase in 10 years.
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
Hong Kong sets 50% benchmark on referral fees paid by licensed insurance brokers.
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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