APAC

Bancassurance market to surge 8.4% in CAGR by 2028

Bancassurance market to surge 8.4% in CAGR by 2028

Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.

Sun Life names new chief client experience and marketing officer for Asia

Mahima Tankha Marwah has over two decades of experience in the finance industry.

Prudential expected to maintain strong market position, low financial leverage

Prudential's capital and earnings are deemed very strong, S&P Global Ratings said.

Commercial property insurance to see 10.4% CAGR by 2028

Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.

Retailers warned of insurance roadblocks amidst increasing business risks

Despite impending risks, retailers are optimistic about new technologies and solutions.

Beazley's 2023 profit more than doubles to $1.25b 2023

Earnings per share finished at 154.7 US cents.

Generali, UNDP collaborate to boost SME strength against climate and other risks

The partnership is aimed to reduce the protection gap for vulnerable communities by providing access to insurance solutions.

Asia’s insurance and banking titans pledge climate action

Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition strategies.

Howden Tiger strengthens APAC team with appointment of Karl Marshall

Marshall carries more than 30 years of actuarial experience.

Allianz Trade unveils service for B2B e-commerce payments

The payment solution includes trade credit insurance protection.

S&P expects APAC trends to return to fundamentals

Insurers are expected to focus on underwriting and prudent risk selection.

International revenues soar 44% for Miller, Asia expansion notable

The company had five new teams launched, two of which are in Singapore.

APAC to lead trade credit insurance, global growth to rise 9.3%

Robust activity in world trade pushed demand for trade credit insurance.

APAC a major driver of mobile phone insurance market’s CAGR by 2028

Growing phone theft incidents also contribute to market growth, as victims seek protection through coverage.

Chubb's senior notes proceeds for corporate use

It includes repayment of Chubb's $700m senior notes.

Miller names new head of operations for Asia

Frédérique Champvillard will spearhead the firm's expansion in the region with a particular emphasis on enhancing client service.

ASEAN forms reinsurance committee to tackle climate risks

The insurance industry’s snail pace in providing capacity for RE projects, the committee aims to jumpstart the progress.