APAC

Premium finance market to grow 10% by 2032

Premium finance market to grow 10% by 2032

The life insurance segment is expected to surpass $75b by 2032.

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Aon veteran to head commercial risk in Asia-Pacific

He will report to Joe Peiser, global CEO of Commercial Risk Solutions.

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Markel’s FY 2024 net income leaps to $2.8b

EPS stood at $199.32.

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SCOR unveils global head of casualty, EIL

He replaces Daniel Carerras, who became Chief Underwriting Officer.

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Howden’s insurance segment bags 14% organic growth in FY 2024

New talent also contributed 30% of the organic revenue growth.

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WTW posts $88m loss in FY 2024

Revenues for the year increased 5% YoY.

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Insurance-linked securities market grows 10.5%, nears $50b notional value

The market benefited from strong issuance activity.

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Everest Re FY 2024 net income shrinks to $1.4b

Although, gross written premiums climbed 9.1% YoY.

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Commercial insurance rates dip 3% in Q4 2024

Financial and professional lines declined the fastest at 9%.

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APAC insurers wary of geopolitical instability in next two years

Cyber threats, on the other hand, are a moderate to severe risk.

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Chubb’s net income rises 2.7% to $9.27b in FY 2024

The APAC unit saw a 22.2% surge in P&C insurance.

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RSM posts $1.1b revenue in APAC for FY 2024

Revenue from developed Asian economies saw a 9% YoY increase.

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Great Eastern, AmMetLife cancel acquisition plan

The plan was initially signed in 2023.

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Aon reports 45% earnings boost in Q4 2024

Basic earnings per share (EPS) during the quarter was $3.31.

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Marsh McLennan bags $4.1b for FY 2024

It’s full-year revenue increased by 8% YoY to $24.5b.

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Travel credit insurance CAGR to exceed 10% through 2032

The region was noted as an emerging market in this industry.

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AIA’s value of new business slated for 23% growth for Q4 2024

But challenges in Malaysia and Thailand could weigh on performance.

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