APAC
FM unveils $1b membership credit for policyholders in 2025–2026
FM unveils $1b membership credit for policyholders in 2025–2026
Policyholders with 10 to fewer than 15 years will receive 12.5%.
The adoption of GenAI is set to reshape the insurance value chain – Boston Consulting Group’s Paul Brenchley
He discussed how insurers can leverage GenAI, especially in building new O2O channels to stay competitive in a digital-first world.
Fine art insurance market set to reach $838.4b by 2034
APAC is seen as the fastest-growing region.
Earthquake insurance market projected to reach $13.6b by 2034
This represents a compound annual growth rate of 6.0%.
Talanx Group posts $683m Q1 net income
This marks a 4.9% year-on-year (YoY) increase.
Zurich calls for investment in disaster prevention strategies
Hurricanes, floods, and wildfires caused $2t in economic losses over the past decade.
MSIG Asia restructures leadership to boost digital, corporate strategy
Adrian Hill has been appointed Chief Digital & Consumer Officer.
Cyber gross written premiums could double to $30b globally
The top 10 reinsurers account for 87% of the global cyber GWP.
Insurance Development Forum launches open tools for climate risk understanding
IDF RMSG has also published a series of Parametric Insurance Case Studies.
Singaporean broadband provider launches coverage for hobbyists
In collaboration with HL Assurance, it is designed to cover high-value collectables.
FWD Group’s new business sales rise 46% to $679m in Q1
It saw a strong growth trajectory in Hong Kong and Macau.
Hurricanes, earthquakes may raise insured losses to $300b annually
Insured natural catastrophe losses in 2025 will be about the same level as last year.
PwC's Chris Hewison explores how Asia's insurers can thrive amidst tech disruption and shifting customer demands
Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
Prudential’s new business profit rise 12% to $608m in Q1
Its Singapore and Hong Kong businesses logged double-digit growth.
WTW Construction Risk promotes Trent Williams to oversee placements
He previously served as head of Broking, Pacific for seven years.
Aon's net income contracts in Q1 2025
Diluted earnings per share also dipped 17% YoY to $4.43.
WTW’s Q1 2025 net income leaps 23% YoY
EPS was at $2.33.
Commentary
AI isn’t replacing insurance, it’s finally making it work