APAC
How multinationals can unlock the potential of trade credit insurance
How multinationals can unlock the potential of trade credit insurance
Strong balance sheets can help multinationals achieve this.
APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Premium grows 9.5% in 2023 outpacing nominal global GDP
This was mainly driven by carriers pushing for rate adequacy after high inflation.
Zurich eyes to surpass 23% ROE in next three years
It also aims to achieve core EPS with a CAGR of over 9%.
QBE's conservative portfolio curbs investment risk
Net profit doubled year-on-year to $806m in H1 2024.
Aon appoints new leader for data and analytics
He will be based in Singapore.
Half of risk leaders confident in current strategy: WTW
23% of respondents said supply chain issues as a critical challenge.
Climate change alters insurer risk management: S&P
Secondary perils have caused the reinsurance industry to regain capital in 5 of 6 years.
Allianz Asia Pacific's business volume jumps 16%
The annualised premium (ANP) for Life/Health grew 14%.
APAC insurance M&A activity slows in Q3
Two major transactions faced regulatory scrutiny during the quarter.
Global life risk protection grows at 2.7% annually
Demand for protection products shows less sensitivity to interest rate changes.
Aon's new tool aids firms in cyber risk management
It aims to tackle ransomware, data breaches, business interruptions, and insider risks.
Liability insurers adjust to spike in US nuclear verdicts
In 2023 alone, nuclear verdicts increased by over 27%.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
NorthStandard raises premiums by 5% for 2025-2026
By mid-2024, NorthStandard recorded 14 large claims exceeding $1m.
APAC’s insurance third-party administrator market to reach $515b by 2030
Globally, it is seen to reach $515b by 2030.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
