APAC
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
APAC sees rising demand for cyber, EV insurance
Motor insurance remains the largest non-life segment, representing 41% of premiums.
PCRIC, WTW enhance pacific disaster coverage
PCRIC will provide coverage against tropical cyclones, heavy rain, earthquakes, and tsunamis.
Manulife Asia Q3 2024 net income surges nearly ten-fold
The group bagged a Q3 2024 net income of $1.8b.
Brokers must ensure timely claim notification: Clyde & Co.
Some policies allow, but don’t mandate, policyholders to notify any potential claims.
Miller names new chief information officer
He has over 30 years of experience in IT.
Swiss Re sells iptiQ's European P&C unit to Allianz Direct
This move brings over 130,000 iptiQ customers into Allianz Direct's portfolio.
Great Eastern’s 9M 2024 earnings jump 39% YoY
Total weighted new sales and new business embedded value rose 19% YoY.\
Prudential’s APE sales up 7% to $5b for 9M 2024
Bancassurance sales were up 21% year-to-date.
FWD Group's new business value rises 6% to $623m in 9M 2024
New business sales rose to $1.4b.
Generative AI slashes P&C claim times by 50% – Bain & Co.
It could also decrease loss-adjusting costs by 20% to 25%.
Aon Underwriting Managers names new chief officer
His career includes 12 years with Liberty Specialty Markets.
Tysers appoints new leaders to enhance APAC operations
Both are based in Singapore.
Tokio Marine Kiln appoints new marine leader for APAC
Ampatzis joins TMK from Starr Insurance.
APAC reinsurers poised for growth on the back of sustained demand
Easing premium rates and organic demand will drive growth, said S&P.
Double-digit premium growth lifts AIA to record value of new business in Q3
VONB is $1.16b in Q3, a 16% increase compared to Q2 2024.
Allianz Trade launches sustainability product Surety Green2Green
It insures sustainability-related projects, and premiums received are invested in certified green bonds.
Thought Leadership Centre
Most Read
1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
