APAC

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.

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.