APAC
Will reinsurers see price increases in 2025?
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.
Rising property values boost home insurance demand
The market is projected to reach over 7% CAGR.
Insurance, pensions see 6.2% rise amidst market gains
Asia’s household financial assets grew by 7.5%.
Cyber insurance demand rises in APAC's emerging markets
APAC cyber insurance market is growing at nearly 50% annually.
APAC insurance stability bolstered by strong risk management
87% of the APAC rating units had stable outlooks at the end of 2023.
Lower-income households bear brunt of insurance hikes
Whilst inflation is declining, insurance prices have risen sharply.
Miller strengthens reinsurance team with two new hires
One previously worked with Gallagher Re.
Global trade drives 8.4% growth in import-export insurance
Banks, lenders often require importers and exporters to have insurance in place.
Prudential pins two challenges in transition finance
It has also set aside $150m for KKR’s climate strategy.
Zurich targets $100 carbon price by 2030
The company aims for 75% of its Managed Procurement Spend to come from suppliers.
Insurers eye AI's dual role in risk and opportunity
AI vendors can become single points of failure.
How much will the crop insurance market grow in 2027?
The region contributes nearly a third to this market.
P&I premiums steady despite high-profile incidents
Although competition between P&I clubs intensified due to growth in global tonnage.
How did marine insurance premiums fare in 2023?
Europe and Asia showed strong development in the cargo insurance market.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness