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.

Chubb makes chief appointments in finance team

Their roles are effective 4 September.

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.

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%.

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.