APAC
Swiss Re overhauls flood model with Fathom data
Swiss Re overhauls flood model with Fathom data
Work follows Swiss Re’s December 2023 acquisition of Fathom.
Allianz Trade launches Social2Social to cover political risk
Eligibility requires a sustainability team review under Allianz Trade social criteria.
Insured losses top $108b as disasters strain insurers
Economic damage reached about $224b, with most impacts in highly protected regions.
Run-off specialists reshape insurer capital deals, AM Best says
Report says some firms reprice risks, add reserve buffers, and cap exposure.
Insurance consolidation forces brokers to upgrade technology
Deal activity climbed through 2022, then stayed steady afterward—setting a tougher baseline.
Fitch flags 2026 profit easing for global reinsurers
Capital from traditional and alternative sources continues to exceed demand.
Willis reshuffles Asia specialty leadership with 4 appointments
One of the appointees will focus on a business in Hong Kong and Macau.
Allianz deploys AI agents for motor, health claims
Allianz said this is aimed at reducing manual work, speeding up first payments.
Seven in 10 APAC insurers expect private equity returns to rise
The survey covers APAC insurers managing $3.82t in assets, Clearwater Analytics said.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
Pet accident-only insurance hits $1.5b in 2025
Looking ahead, the market is projected to reach $1.80b by 2029.
This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia
An Indian insurer has also partnered with a bank to expand coverage in the market.
Prudential funds buyback with $700m from ICICI Pru AMC IPO
The 2026 buyback will comprise $500m of recurring capital returns.
Reinsurance prices fall at 1.1 renewals: Howden
The declines came despite higher attachment points and tighter terms.
Berkshire tops Allianz as largest insurer by assets: AM Best
Previously, Allianz held the top position by nonbanking assets for five consecutive years.
Global reinsurer capital hits record $760b
In Asia-Pacific, rate cuts were close to 20% for accounts without losses.
Why 85% expect APAC insurers’ portfolio risk to rise
More than three-quarters said regulatory and compliance requirements needed more time and resources.
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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