APAC
Allianz Commercial appoints Nguyen-Huu as global head of portfolio
Allianz Commercial appoints Nguyen-Huu as global head of portfolio
Daniel Head will join Allianz Commercial in the UK as head of Portfolio Solutions.
MS Amlin names Christiern Dart as CEO from January 2026
He brings more than 30 years of experience in international (re)insurance.
This week in insurance: APAC engineering cover leads growth, H1 NatCat losses hit $84b, Allianz-Jio form India reinsurer
Global commercial insurance rates fell by 4% in the second quarter of 2025.
Blockchain in insurance to grow 53.7% annually
The market was valued at $2b in 2024.
Global insurance rates fall 4% in Q2 2025 on competition gains
All regions reported year-on-year rate reductions.
Auto insurance market to reach $2.27t by 2032
Asia-Pacific is forecast to be the fastest-growing region through 2032.
Chubb posts 33% Q2 2025 profit surge as income hits $3b
Regionally, premiums rose 12.7% in Asia.
APAC to lead medical liability insurance market with 14.1% CAGR
Globally, the market was valued at $12.5b in 2021.
Annuity insurance market to grow 4% annually, reaching $1.5t by 2032
But high cost of annuities and other constraints hinder market growth to some extent.
Only 4% of insurers fully trust AI agents despite growing interest
42% of insurers have yet to develop a formal strategy for deploying AI agents.
Guy Carpenter names Hakes global head of Marine, Energy and Technical Lines
He has over two decades of experience in the industry.
Globally insured losses highest since 2011
But the total global economic losses stood at $151b, lowest since H1 2021.
Marsh McLennan posts $1.2b profit in Q2 2025
For the first half of 2025, net income for the period was $2.6b.
Cargo insurance market to grow 4.2% through 2029
The market is expected to bag $70b.
McKinsey sees AI transforming underwriting and claims work
AI is expected to handle nearly all customer onboarding and policy processes.
APAC leads global burial insurance growth at 8.5% CAGR
Decline of extended family systems are increasing demand for burial insurance.
Insurance third-party administrators market to grow 10.3% in 2025
Asia-Pacific is expected to post the fastest growth through 2029.
Thought Leadership Centre
In Association with
Most Read
1. Nina Ong drives AI and talent upgrades at Great Eastern Life 2. Manulife’s Leah Ng says better governance boosts women’s leadership 3. Singapore shippers face policy cancellations as Iran conflict escalate 4. Better protection for vulnerable groups could boost PH insurer trust: AXA 5. How APAC cyber gap exposes households to fraudResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness