APAC
Crop insurance set to grow 6.9% annually through 2029
Crop insurance set to grow 6.9% annually through 2029
Growth is driven by use of advanced weather prediction systems.
Aerospace insurers tighten discipline after late 2024 airline losses: WTW
Premiums have stayed flat despite rising aircraft values.
Aon launches specialist claims unit to boost insurer’s profitability
The business will be led by global co-heads Veronica Judice and David Griffiths.
Insurers urged to ease healthcare costs in Asia, study shows
In Indonesia, 93% of patients reported postponing treatment.
Insurance helps de-risk climate projects as $6t investment needed: WTW
Credit and political risk cover are helping banks finance renewable and transition projects.
Insurance outsourcing market set for 7.1% CAGR growth
Asia-Pacific is projected to record the fastest growth.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
He will take over from Edmond Lee, who is retiring after 12 years.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Asia-Pacific reinsurance sector stays stable despite soft market
The industry remains well capitalised, but Fitch cautions climate-driven volatility.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Health insurance market grows 9.1% CAGR through 2025
APAC is forecast to record the fastest growth.
Guy Carpenter reports stable non-marine retrocession pricing levels
Appetite for aggregate cover continues to increase.
Insurance claims market grows to $519.21b by 2032
This equates to a CAGR of 12.9%.
Asia-Pacific insured only 5% to 7% of hazard losses
Additionally, more than half of the countries had less than 5% of losses.
This week in insurance: India’s OPD surge, bolttech-BYD deal, HSBC tops HNW survey, Sun Life expands in PH
Sompo Japan, Momentick, and JGC launch methane detection solution tied to insurance coverage.
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1. Insurance capital shifts as 60% of investors expand 2. Income Insurance names DBS veteran Lim Sim Seng as chairman 3. India life premium jumps 39.1% in April 2026 as group business surges 4. Income Insurance shareholders gain exit route via AltaX 5. Aditya Birla Sun Life launches Anmol AkshayaResource Center
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
