APAC

APAC fertile ground for reinsurance market: Hannover Re

The German reinsurer anticipates growth in the P&C and health reinsurance.

APAC fertile ground for reinsurance market: Hannover Re

The German reinsurer anticipates growth in the P&C and health reinsurance.

Non-life insurance premiums to surge to $7t by 2022: Swiss Re

General insurance premiums to rise to 10% above pre-COVID-19 levels in 2021.

Price increase to stabilise reinsurance sector through 2022: Moody’s

Uncertainty brought by COVID-19 had started to diminish.

Prudential Laos named Domestic Life Insurer of The Year by The Insurance Asia Awards 2021

Prudential Life Assurance Lao Company Limited (“Prudential Laos”) is pleased to be named “Domestic Life Insurer of the Year” by The Insurance Asia Awards 2021. The company was recognised for launching its all-in-one digital health and wellness application Pulse by Prudential (Pulse) to help Lao people take charge of their health and wellness. The prestigious award also applauded the community engagement initiatives rolled out by Prudential Laos in response to the COVID-19 outbreak.

Understanding demand for specialty lines in Asia: the road ahead

The Asian insurance industry has shown strong resilience, despite the economic crisis brought about by the COVID-19 pandemic since the start of 2020. According to a recent Bank of Singapore article, China‘s GDP is expected to grow by 8.7% in 2021 whilst key Asian countries such as Singapore, South Korea, and Taiwan are expected to grow by an average 5%.

Pandemic boosts APAC’s insurance giants 2020 performance: analyst

The top 20 insurance firms reported an aggregated premium of $821.4b.

APAC saw lowest insurance M&A deals since 2011

M&A decreased by as much as 51% in H1 2021.

Asia to lead the charge to insurance industry’s digitalisation

Its less mature commercial insurance market is actually an asset, Concirrus’ executive reveals.

Natural calamities, pandemic push Asian reinsurers’ growth

Climate change and the COVID-19 pandemic presents vast potential for the reinsurers’ to transform.

Guy Carpenter appoints new APAC president

Michael Harden brings with him 45 years of experience in the industry.

Get to know the winners of the 6th Insurance Asia Awards

The awards programme received the most number of nominations this year since its inception.

Insurance companies, pension funds to bring on ‘age of sustainability’ in Asia: analyst

Tapping into the region’s vast savings is required to reach this new age.

Manulife Financial Asia segment stands out in Q2

The Canadian insurer’s Asia segment saw a surge in new business value of up to 48% in Q2.

RGA reports $12m pre-tax income loss in APAC for Q2

India took the biggest chunk in COVID-19 claims for the region.

APAC’s marine, aviation, transit insurance to reach $14.5b by 2025

Japan and China accounted for 60% of MAT premiums in APAC.

APAC MAT written premiums to hit $14.5b in 2025

The sector will grow at a CAGR of 4.4% from 2019 to 2025.