APAC
Gallagher Re launches index to track reinsurance pricing
Gallagher Re launches index to track reinsurance pricing
It will report on pricing trends for Aggregate Excess of Loss reinsurance.
This week in insurance: Malaysia offers premium freeze, M&A falls 25%, Manulife extends medical partnership
Cyber liability coverage is primarily targeting small-to-midsize enterprises.
AIA’s sees profit surge of 81.2% YoY in FY 2024
EPS stood at $0.62.
MSIG USA expands political risk insurance with Asia partnership
This combines MSIG USA’s underwriting expertise with regional market knowledge.
Swiss Re board proposes 8% dividend increase
It will mount to $7.35 per share.
Cyber insurers focus on SMEs as policies cover firms under $10m
SMEs account for more than 80% of all cyber policies.
4 in 5 insurers plan to increase AI investment over next year
36% of respondents are also prioritising efforts to build trust.
Ping An remains world’s top insurance brand at $34b: Brand Finance
India’s Life Insurance Corporation’s brand value rose by 36%.
APAC insurance M&A drops 25% as firms focus on organic growth
Globally, M&A activity hit a 16-year low in 2024.
53% of firms cite insurance exclusions as clean energy hurdle
They also plan to increase their investments in clean energy technologies by 34%.
Marsh Specialty welcomes new president
He has more than 35 years of service at Marsh.
BMS CEO’s key to success is communication
Asking for support shows self-awareness and commitment to growth.
Canopius records 10% YoY growth in profits for FY 2024
Insurance contract written premium surged 28% YoY.
HDI Global launches Climate Consulting to assess, manage climate risks
It provides location-specific analysis of both chronic and acute physical risks.
WTW’s platform connects brokers and insurers in real-time risk trading
Liberty Specialty Markets will be an early adopter.
XN Global Health Insurance sets foot in Asia
The company also offers preventive care and wellness services.
Resolution Life seals reinsurance deal with Protective for $9.7b
The deal is expected to drive further growth in the global life and annuity markets.
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1. Nina Ong drives AI and talent upgrades at Great Eastern Life 2. Manulife’s Leah Ng says better governance boosts women’s leadership 3. Singapore shippers face policy cancellations as Iran conflict escalate 4. Better protection for vulnerable groups could boost PH insurer trust: AXA 5. How APAC cyber gap exposes households to fraudResource Center
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness