APAC
Asia insurance industry logs lowest pricing increase in Q1
Insurance segments saw lower increase rate than the previous quarter.
IDF appoints new Steering Committee chair
He was previously the group’s deputy chair.
Moving towards a “higher bottom line” in the insurance sector in Southeast Asia
Insurers in Southeast Asia are bullish about their growth prospects for 2022, despite lingering concerns about the potential impact of COVID-19 variants on overall business recovery and return-to-workplace strategies. But beyond ongoing efforts to adapt to the pandemic’s aftermath, insurance leaders are also confronted with multiple fundamental hurdles that could potentially derail their progress.
No man left behind: How insurtech is solving the underinsurance mess
Most problems in the industry seem to be ‘self-created’.
Insurance sector second most wasteful in digital ad spend
A survey reveals APAC companies waste around 41% of media spend.
Zurich Insurance drops ‘Z’ symbol amidst Ukraine-Russia conflict
The letter is used as a symbol of support for Putin’s invasion of Ukraine.
bolttech announces investment in digital insurance advisor Sherpa
The investment will be used to expand Sherpa’s protection advisory tool.
Asia suffered $72b weather and catastrophe-related losses in 2021
Insurance only covered around 9% of the economic losses.
AIA total VONB up 18% to $3.3b in 2021
AIA China was named as the largest contributor for the group’s VONB.
APAC insurer earnings to fluctuate amidst Russia-Ukraine conflict
The conflict would test insurers with high allocation to foreign-currency investments.
Women to bolster Fusion’s APAC underwriting team
These new senior appointments will power the firm's M&A underwriting business.
MSIG Asia CEO Alan J. Wilson retires after 14 years
COO Clemens Philippi set to take the wheel on 1 April.
Why are insurers barely earning the cost of capital?
These issues have plagued the industry for a decade.
Allianz Asia Pacific declares $9.5b in total revenue for 2021
Growth in key markets such as Indonesia, Malaysia and Taiwan boosted the firms revenue.
Enrollment begins for Sun Life’s 2022 ‘Open Day’
The one day event brings industry insights and career opportunities for attendees.
AIA Group creates new pan-Asian health insurtech venture
AIA has teamed up with a South African health insurer for this new business.
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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Firewalls are never enough