APAC
Pet insurance market on the road to $27b market value by 2032
Pet insurance market on the road to $27b market value by 2032
APAC accounted for 11% of the global market in 2024.
Insurance gaps expose business travellers to $150,000 risks
Zurich said 53% faced incidents abroad with medical cases driving most assistance claims.
Insurtech investors drop to lowest since 2017 as funding tightens
Seven firms from the 2025 raised a combined $298m after October showing selective funding.
AI can cut insurer costs 20% but adoption lags across sector
Firms using the technology can also lift premiums by around 3% to 5%.
Cyber insurance trails as only 10% of SMEs buy cover
Amongst the worst attacks, average losses in the top 10% of events topped $28m in 2024.
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
How can M&A offset slower insurance growth?
Scale and operational strength are becoming table stakes.
Why AI data centres outpace insurance capacity as site costs hit $20b
Reinsurance markets fail to match surging multi-billion dollar construction limits.
Why 47% of insurers see competition forcing finance change
Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures.
Liberty folds APAC units into 1 licensed entity
Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures.
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
EY’s Vanessa Lou: Successful insurers balance regional strategic discipline, deep local insight
She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
Pet insurance seen hitting $24b on 18% CAGR
Within services the segment is expected to represent about 0.09% of the total market.
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
Reinsurers reprice risk as Hormuz disruption hits oil flows
The waterway carries about 20% of global crude supply and a large share of LNG shipments.
Affluent Asians leave $5.7b unprotected despite planning intent
Three-fifths of wealthy respondents still have no formal legacy structure in place.
How IUMI says marine cover endures despite Middle East strain
The industry body identifies cargo hull liability and offshore energy as lines still in place.
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Jul
07
Event News
From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
