APAC
Zurich announces leadership changes for APAC business
Zurich announces leadership changes for APAC business
A new Chief Underwriting Officer and head of Technical Underwriting were named.
Insurers need data-based models amidst trillion-dollar solar storm scenario
Greater China is forecasted to record $429b whilst Asia-Pacific at $375.
Chubb buys Liberty Mutual’s P&C businesses in Thailand, Vietnam
Terms of the deal were not disclosed.
Allianz Commercial names new lead for Alternative Risk Transfer
Ficarra joins from Allianz Commercial London.
Insurers shift from traditional to real-time risk analysis
Thanks to increased AI-adoption, threats are also rising with phishing attacks up 135% in 2 months.
Swiss Re appoints new CUO, Patrick Raaflaub to retire
Raaflaub will retire by the end of September 2025.
Grandtag Financial reels in new chief proposition officer
They have over two decades of experience.
Insurers, governments must address longevity challenges together
People in developed countries tend to underestimate their lifespans.
Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024
The company targets a net income of over $4.4b for 2025.
Rising litigation costs pressure casualty reinsurers on reserves
Social inflation remains a key driver of casualty loss trends, an analyst said.
QBE Asia names CEO for new role
He is currently CEO of QBE Singapore.
Critical illness insurance market to hit $295b by 2032
The region is likely to see significant expansion, driven by population growth.
Airline insurance market to stay soft in early 2025: WTW
Excess capacity drove rates downward throughout the year despite efforts to tame this.
What challenges Asian women's financial readiness?
Healthcare costs are a significant barrier to financial security.
Pension assets hit $58.5t, up 4.9% in 2024
Australia eyes second-largest pension market spot by 2030.
Cyber insurance expansion challenged by exposure limits
Industry insiders cited risk assessment as the biggest concern.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
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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