APAC
A complement, not replacement: Understanding parametric insurance
A complement, not replacement: Understanding parametric insurance
With rising disasters and cyber-attacks, parametric insurance offers an alternative to traditional indemnity-based coverage.
Hannover Re’s net income climbs 21% YoY in H1 2024
Earnings per share stood at $10.59.
Chubb makes chief appointments in finance team
Their roles are effective 4 September.
Sun Life Asia's Q2 2024 net income surges 24% YoY
The group’s EPS stood at $1.11.
Generali’s net result dips 9% YoY in H1 2024
Adjusted earnings per share stood at €1.31.
Deloitte Southeast Asia’s Lim Siang Thnia highlights need for insurers to evolve to mitigate risks, maximise growth
As the operating environment changes, insurers should focus on creating a work environment focussing on innovation and digital expertise.
Munich Re’s net profit soars 40.6% YoY in Q2 2024
The company hopes to reach $5.5b by the end of the year.
Beazley’s H1 2024 profit jumps two-fold
Earnings per share stood at 68.7 pence.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
Asia’s Q2 insurance pricing stays flat
Overall capacity was sufficient but challenges persist in property and flood risks
QBE doubles net profits to $802m in H1 2024
Its gross written premium increased by 2%.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Its life business in the region saw double-digit growth.
How bancassurance can overcome data sharing challenges
A varied regulatory environment remains a consistent challenge for data sharing.
AXA net income climbs 6% YoY in H1 2024
Thanks to higher underlying earnings and net realised capital gains.
Guy Carpenter estimates CrowdStrike outage loss ~$1b
A malicious attack on a widely used operating system could birth $2b in losses.
Manulife Asia’s profit quadruples, Hong Kong segment doubles core earnings
The group’s NBV margin improved by 3.4 percentage points.
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