APAC
Financial crime threats to rise in 2025, Kroll report warns
Financial crime threats to rise in 2025, Kroll report warns
One of the primary drivers is the rapid advancement of AI.
APAC gadget insurance market to grow 17.4% yearly until 2031
Worldwide, the segmet is seen to bag $194b in six years.
Pet insurance market set for 13% annual growth through 2033
APAC is recognised as an emerging market due to rising disposable incomes.
Insurance-linked securities hits record size with robust investor returns
End-2024, capacity in the 144A natural catastrophe bond market surpassed $45b.
Commercial insurance market to reach $1.87t by 2032
APAC is the fastest-growing market, fueled by rapid industrialisation.
Cost drives D&O insurance choices despite rising litigation worries
AI was ranked least amongst their worries.
This week in insurance: Philippines to expand coverage for OFWS, Allianz sells stake in 2 Indian units, Manulife Asia gets new CEO
Financial security and coverage seems to lack amongst business leaders and mothers.
Cyber ILS market grows as insurers seek alternative risk transfers
Cyber insurance demand is seen to reach $23b by next year.
Travel insurance market to reach $86.39b globally by 2030
Demand is also driven do to rising popularity of adventure and sports tourism.
SME insurance market to reach $39b globally by 2032
The region holds the largets market share.
Sun Life veteran named CFO for Asian operations
He has been interim CFO since September last year.
Talanx net income jumps 25% YoY in FY 2024
Insurance revenue in the Corporate & Specialty division grew 10% YoY.
Warranty and Indemnity insurance in Asia surges, record policy placements
These policies provided over $7.8b in protection limits.
Maternity health insurance market to grow at 7.9% CAGR by 2032
Based on mode, online segment held the highest market share in 2023.
Experts warn insurers of growing vulnerability to token theft
Six in 10 businesses have shut down in the past three years due to ransomware.
MS Amlin’s FY 2024 underwriting profits rise 12% to $250m
Gross written premiums increased to $2.2b.
Business insolvencies to rise by 5% in 2025: Allianz Trade
Insurers must brace for high interest rates, which could strain heavily leveraged sectors.
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AI isn’t replacing insurance, it’s finally making it work