APAC
APAC insurance M&A drops 25% as firms focus on organic growth
APAC insurance M&A drops 25% as firms focus on organic growth
Globally, M&A activity hit a 16-year low in 2024.
53% of firms cite insurance exclusions as clean energy hurdle
They also plan to increase their investments in clean energy technologies by 34%.
Marsh Specialty welcomes new president
He has more than 35 years of service at Marsh.
BMS CEO’s key to success is communication
Asking for support shows self-awareness and commitment to growth.
Canopius records 10% YoY growth in profits for FY 2024
Insurance contract written premium surged 28% YoY.
HDI Global launches Climate Consulting to assess, manage climate risks
It provides location-specific analysis of both chronic and acute physical risks.
WTW’s platform connects brokers and insurers in real-time risk trading
Liberty Specialty Markets will be an early adopter.
XN Global Health Insurance sets foot in Asia
The company also offers preventive care and wellness services.
Resolution Life seals reinsurance deal with Protective for $9.7b
The deal is expected to drive further growth in the global life and annuity markets.
APAC’s pet insurance market to surge by 18% CAGR through 2033
Globally, the market was valued at $5.21b in 2025.
Insurance BPO market to grow 5.4% annually through 2034
In 2024, claims processing accounted for over 30% of total market revenue.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
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1. Bajaj Allianz launches exclusive insurance for women 2. Manulife unveils IUL product tied to S&P 500 returns 3. Australian firms expect financial crime surge in 2025 4. LIA Singapore appoints Wong as president with new 2025 goals 5. Singapore general insurance increases 6.3% YoY in 2024Resource Center
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