APAC
APAC home insurance market to hit $82.4b by 2032
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
MSIG Asia targets 15% CAGR in profit growth
The insurer also signalled that Asia-Pacific has the most growth potential.
Reinsurers focus on cybersecurity, pandemic risks
Roland Berger said reinsurers must continuously refine pricing, underwriting, and claims.
Manulife Asia, MDRT partner for agent development
MDRT will provide Manulife agents with tools and training to enhance skills.
Cyber reinsurance market sees increased competition: Gallagher Re
Discussions around cyber war, a 2024 hot topic, was less this year.
Allianz reveals top business risks for 2025
Natural catastrophes held the third spot in Asia.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
FM Global stresses insurance readiness amidst extreme weather in Asia
La Niña could emerge weakly in late 2024 and early 2025.
Insurance-linked securities proposed for cyber threats: Geneva Association
It will attract additional risk-bearing capacity from outside the sector.
T. Rowe Price boosts Asia team with senior hire
She brings over two decades of experience in investment and research.
Rate pressure continues in aviation insurance: Gallagher Re
The Jeju Airline loss calls for revising airline insurance pricing.
Insurers urged to focus on coverage gaps, resiliency
They are also told to leverage technology strategically to improve their business strategies.
WTW launches cyber insurance facility in Singapore, Hong Kong
AI was ranked amongst the top five emerging risks in Asia.
Asia-Pacific leads in marine insurance market share with 28%
Thanks to expanding manufacturing sector and increasing maritime trade.
APAC reinsurance sees rate reductions: Gallagher Re
Pricing also softened in smaller Southeast and North Asian markets.
Health insurance sector set for 8% annual growth
APAC is forecast to grow at the highest CAGR, fueled by chronic disease prevalence.
Sompo appoints new chief claims officer
He transitioned into insurance from a senior associate role at Deloitte.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
