APAC
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Policy count rose by 103,000 over the past six months.
Igloo reports faster claims and higher sales with AI adoption
Claims response times have fallen from up to three days to one minute.
How did insurance rates compare across Asia in Q3 2025?
Property insurance rates in Asia fell 5% in Q3 as strong competition kept premiums low.
BIS study highlights offshore reinsurance exposure in insurers’ models
Private markets and proprietary models reduce transparency.
Swiss Re highlights $26b insurance potential from clean energy
Global renewable energy capacity will almost double to 8.5 terawatts by 2030.
APAC insurers lag peers in risk management maturity
But AM Best ranks 60% of APAC insurers as financially strongest.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
Driver accident insurance market to reach $9.5b by 2029
Growth will likely be supported by the wider use of telematics in insurance products.
Domestic worker insurance market sees steady 7.5% growth outlook
The sector is projected to reach $5.05b by 2029.
How insurance markets are rewarding buyers with lower global rates
But Aon warns that volatility in property, cyber, and casualty lines remains a concern.
WTW expects busy renewals as aviation rates diverge in Q4
They also forecast single-digit percentage increases in rates.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
Why 1 in 5 think AI will replace human insurance agents
Over half were comfortable using AI with a human option available.
Asia reinsurers face lower premiums as capacity and capital expand: S&P
Catastrophe losses and capital market volatility remain key downside.
Tokio Marine GX backs new insurance for nuclear fusion risks
The initiative aims to ensure insurance frameworks and capacity are in place.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Marine insurance market to stay soft for up to two years
This is likely due to sustained competition, rising capacity and increased participation.
Commentary
AI isn’t replacing insurance, it’s finally making it work