APAC
HDI Global launches Climate Consulting to assess, manage climate risks
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.
APAC’s pet insurance market to surge by 18% CAGR through 2033
Globally, the market was valued at $5.21b in 2025.
Insurance BPO market to grow 5.4% annually through 2034
In 2024, claims processing accounted for over 30% of total market revenue.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
Liberty Mutual's net income hits $4.4b in FY 2024
For the year, revenue increased by 1.6% YoY to $50.2b.
AXA XL Insurance unveils new Asia CEO
She succeeds Gilles Fromageot.
Canopius bolsters APAC team with new head
He has more than 20 years of experience in the insurance industry.
WTW launches AI tool radar vision for insurers
It aims to improve underwriting profitability and reduce costs.
Allianz APAC posts 15% YoY jump in business volume for FY 2024
Taiwan recorded the largest NBV expansion with a 68% increase.
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From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
