APAC
Over half of Gen Z cite distrust or confusion over insurance
Over half of Gen Z cite distrust or confusion over insurance
Fitness programmes or smartwatch discounts were seen as tools to drive engagement.
Aon urges insurers to consider client readiness in cyber cover
It found that cyber events with PR fallout cut value by 27%.
Erajaya Digital debuts repair and cyber alert service with bolttech
The programme includes repair coverage for physical damage.
Aon appoints new head of Client Services
Soh brings over 19 years.
Insurers worldwide retain more risk as reinsurers limit low-layer cover
Life insurers face long-term pressure as they shift toward retirement-focused products.
Demand for professional indemnity insurance in Asia, Australia grows: Aon
However, insurers are cautious about high-risk developments such as renewable energy.
Swiss Re sees rising claims across sectors from heatwaves
Liability and health sectors witnessed a sharp rise in claims.
This week in insurance: Great Eastern delists, Income Insurance covers Jetstar-affected, Sout Korea general insurers stable
Tokio Marine also appointed new leaders whilst India’s life insurance market recorded growth.
IFC partners with QBE Asia to expand Building Resilience Index
The partnership aims to address the property insurance gap.
Canopius sells 21% stake to Samsung Fire & Marine Insurance
This marks SFMI’s third investment in Canopius.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
Asia M&A buyers to boost use of R&W insurance in 2025
45% of respondents foresee a notable increase in the use of deal insurance.
ICISA sees insured exposure grow 9.3% in surety segment for 2024
Premiums written increased by 7.4%.
Beazley appoints Stefan Wunderlich head of Parametric Insurance
Wunderlich joins from Swiss Re.
Fitch sees APAC insurers stable in 2025 with capital buffers
Life insurers are focusing on quality through conservative investment strategies.
IDF, Bridgetown partner to boost emerging and developing markets via insurance
To start, they will publish a report with actionable insights for the industry.
Aon appoints Dan Hartung to lead global event response unit
He will oversee the estimation of industry exposure and financial impact.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work