APAC
Beazley appoints Stefan Wunderlich head of Parametric Insurance
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.
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
How insurers can minimise the impact of system outages
Observability is no longer a ‘nice to have’; it’s a strategic differentiator.
This week in insurance: SK non-life insurers face pressure, Dai-Ichi Life HD buys stake in M&G, Australia sues comparison site
In addition, Cambodia’s gross premiums rose by 6.6% YoY in April to $27.3m.
Axa Hong Kong and Macau launch Max Goal II Insurance Plan
It promises a breakeven timeframe of 5 years.
Insurtech bolttech closes $147m series C funding round
Sumitomo Corp also entered into a JV with bolttech for embedded insurance.
Lockton appoints Darryl Lee as head of ProExec
Lee joins from Aon, where he spent 8 years.
Igloo launches digital tools to support insurers and partners
This is because APAC insurers spend under 3% of GWP on tech.
This week in insurance: UPI dominates payments in India, AXA re-domiciles to HK, Vietnam goes digital
In addition, SingWealth Holdings has obtained an insurance brokerage licence in Hong Kong.
Howden Re sees capital inflows boost mid-year reinsurance supply
Renewals generally saw strong demand, with most programmes achieving full subscription.
Asia’s insurance markets grow in 2024 on life, health gains
China led Asia’s life insurance recovery.
Final expense insurance market to grow at 4.62% CAGR
Urbanisation and the shift from traditional support systems are driving demand in APAC.
How do employees in Asia feel about their coverage?
Rising medical trend rates are significantly outpacing salary increases.
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
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Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
