APAC

IAIS sets 2025 to 2026 goals with four core objectives

Post-adoption of ICS in late 2024, the IAS is shifting to implementation.

Insurance brokers eye stable growth in 2025: S&P Global Ratings

Non-brokers will face more variable performance but likely to withstand headwinds.

Cyber ILS market taps $750m for expanding insurance

Cyber insurance market is expected to more than double in size over the next decade.

Mobile phone insurance market slated for 12.8% annual growth

The market is forecasted to bag $39.29b in 2024.

Reinsurers to meet cost of capital through 2025: S&P Global Ratings

Favourable reinsurance pricing continues to support profitability.  

Become one of the distinguished winners of the 10th Insurance Asia Awards

The awards programme honours companies in Asia that set new benchmarks in the insurance landscape.

Cybersecurity insurance poised for 20.5% CAGR by 2032

The market was also valued at $16.4b in 2023.

Chubb names two new leaders within Overseas General Insurance divison

Tim Stapleton has been named Chief Underwriting Officer.

Insurers risk falling behind amidst consumer demands: Camunda

Workforce shortages are also a looming challenge for the industry.

AI will enhance risk assessments: FM

The insurer also shared 8 risks businesses should be aware of.

Aon appoints new lead of talent solutions in Asia-Pacific

Swani brings over 25 years of experience as an HR consultant.

MSIG Asia partners with RiskPoint for renewable energy insurance

The region is expected to invest over $3t in power generation.

8 in 10 insurers plan to increase tech investment this year

36% of insurers prioritise AI and machine learning.

APAC's insured only 5.4% of $74b disaster losses: Aon

APAC was also the second-largest region in terms of economic losses.

Medical plan costs to rise by 11.1%: Aon

APAC is expected to experience the second-largestYoYr increase globally.