APAC
Swiss Re sees rising claims across sectors from heatwaves
Swiss Re sees rising claims across sectors from heatwaves
Liability and health sectors witnessed a sharp rise in claims.
This week in insurance: Great Eastern delists, Income Insurance covers Jetstar-affected, Sout Korea general insurers stable
Tokio Marine also appointed new leaders whilst India’s life insurance market recorded growth.
IFC partners with QBE Asia to expand Building Resilience Index
The partnership aims to address the property insurance gap.
Canopius sells 21% stake to Samsung Fire & Marine Insurance
This marks SFMI’s third investment in Canopius.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
Asia M&A buyers to boost use of R&W insurance in 2025
45% of respondents foresee a notable increase in the use of deal insurance.
ICISA sees insured exposure grow 9.3% in surety segment for 2024
Premiums written increased by 7.4%.
Beazley appoints Stefan Wunderlich head of Parametric Insurance
Wunderlich joins from Swiss Re.
Fitch sees APAC insurers stable in 2025 with capital buffers
Life insurers are focusing on quality through conservative investment strategies.
IDF, Bridgetown partner to boost emerging and developing markets via insurance
To start, they will publish a report with actionable insights for the industry.
Aon appoints Dan Hartung to lead global event response unit
He will oversee the estimation of industry exposure and financial impact.
AIA names HSBC chairman Mark Tucker as next chairman and director
Tucker will step down from his HSBC role on 30 September 2025.
How insurers can minimise the impact of system outages
Observability is no longer a ‘nice to have’; it’s a strategic differentiator.
This week in insurance: SK non-life insurers face pressure, Dai-Ichi Life HD buys stake in M&G, Australia sues comparison site
In addition, Cambodia’s gross premiums rose by 6.6% YoY in April to $27.3m.
Axa Hong Kong and Macau launch Max Goal II Insurance Plan
It promises a breakeven timeframe of 5 years.
Insurtech bolttech closes $147m series C funding round
Sumitomo Corp also entered into a JV with bolttech for embedded insurance.
Lockton appoints Darryl Lee as head of ProExec
Lee joins from Aon, where he spent 8 years.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness