APAC
Fusion forms partnerships with Antares, Beazley, Everest for SME business
Fusion forms partnerships with Antares, Beazley, Everest for SME business
Fusion’s standalone directors and officers (D&O) liability insurance will benefit from the collaboration.
Health insurance amongst top priorities for job seekers in SG, HK
76% of tech hiring managers in Singapore and Hong Kong found recruitment highly competitive in 2023.
Howden taps David Shalders as group COO
Shalders will report to CEO David Howden in London.
Aon revenue jumps 7% YoY in 2023
Net income for the year fell to $2.6b.
WTW's new parametric policy protects vulnerable South Pacific reefs
The coverage allows for rapid payouts, supporting reef recovery efforts and community assistance activities following cyclones.
Orderly 2024 reinsurance renewals show stability amid industry concerns: S&P Global
Reinsurers are showing interest in the property catastrophe business, benefiting primary insurers.
AXIS Capital's 2023 net income soars 79.2% to $346m
Its book value per diluted common share witnessed an uptick to $54.06.
RenaissanceRe reports $2.5b 2023 net income
Its underwriting income stands at $1.6b.
Only 5% of real estate investors confident about having proper insurance
According to a WTW report, 64% of real estate managers struggle to secure suitable insurance in hardening market.
Leonteq extends digital offerings to insurers
The platform allows real-time monitoring.
What are the five most pressing risks in Asia this 2024?
FM Global spell out ways businesses can build resilience in the anticipated risks of 2024.
Chubb's 2023 profits soar 72.1% YoY
Life Insurance net premiums written increased by 51.5% to $5.47b,
AI deepfakes emerge as new threat in insurance fraud, warns Kennedys report
Geopolitical risks due to deglobalisation, driven by a fragile geopolitical landscape also pose as a threat for the industry.
HDI Global deploys generative AI for legal, content, and claims analysis
The AI solution is aimed at supporting the company’s staff for process augmentation.
Marsh McLennan’s 2023 revenue climbs 10%
Risk, insurance and consulting services contributed to the YoY performance.
Gallagher's revenue surges 20% in Q4’23
A total of 50 acquisitions happened for the year, higher than the 36 in 2022.
Int’l association establishes roadmap, prioritises ICS
The roadmap pans out five high-level goals with key projects and objectives.
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1. Indonesia’s PA&H slated for 13.4% CAGR through 2029 2. PwC's Chris Hewison explores how Asia's insurers can thrive amidst tech disruption and shifting customer demands 3. FWD Group’s new business sales rise 46% to $679m in Q1 4. India’s mental health insurance claims rise 30% amidst growing awareness 5. Insurance Development Forum launches open tools for climate risk understandingResource Center
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Awards
Jul
08
Event News
He discussed how insurers can leverage GenAI, especially in building new O2O channels to stay competitive in a digital-first world.
