APAC
Double-digit premium growth lifts AIA to record value of new business in Q3
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.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
He was formerly the APAC head of partnerships for HSBC Life.
Empathy can drive life insurance sales
Successful agents know how to step into the shoes of their clients during an appointment.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
Insurers need cultural overhaul in digital push
Digitalisation seeks to simplify processes, not complicate things.
Unit-linked insurance market to reach $2.3t by 2032
The market is forecasted to reach a CAGR of 10.9%.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Specialist Risk Group appoints new APAC CEO
He will begin his term early next year.
Allianz Trade reels in new ASEAN commercial director
His role begins on 21 October.
Insurers are increasing investments in generative AI by 300%
Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.
Miller gets new chief operating officer
She brings over three decades of experience.
Sompo welcomes new COO for APAC
She will be based in Singapore.
B2B2C insurance sees 9.6% annual growth forecast
The market generated $4.28b in 2022.
Insurers rank regulatory changes, geopolitics as top risks
APAC insurers anticipate high inflation and strong economic resilience.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
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Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
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From traditional brokers to tech-led platforms: How B2B insurance is changing in Singapore