APAC

Zurich-owned Cover-More Group gets new CEO

Zurich-owned Cover-More Group gets new CEO

The appointment is in line with Zurich’s acquisition of a travel insurance arm.

Trade credit insurance supports F&B's financial stability

Global insolvencies are expected to make a 15-year high this year.

Insurers, employers key to mental health access: GlobalData

Vietnamese consumers showed the most concern for their mental well-being.

APAC insurance risk officers confront these 3 top concerns head-on

Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.

Reinsurers gain confidence with improved loss ratios

Some exceeded a 20% return on equity (ROE) in the first quarter.

McKinsey highlights critical insurance strategies for 2024

Chief risk officers at a roundtable stressed the importance of capital management.

Cyber insurance costs drop amidst improved cyber hygiene

Global cyber insurance to hit $43b by 2030, Howden projects.

APAC mirrors global surge in transactional risk claims

Claims rate has remained stable between 9% and 11% per deal from 2018 to 2023. 

Reinsurance market stabilises amid mid-year renewals

Property catastrophe reinsurance rates were generally flat to slightly down.

Synpulse enhances APAC strategy with new insurance head

He will focus on enhancing insurance and banking offerings in the region.

Insurers and private capital firms strengthen ties

Private-capital-backed insurers have gathered nearly $700b in assets through 2023.

Zurich-Aon facility offers comprehensive hydrogen coverage

It also covers carbon capture, utilisation, and storage (CCUS) technologies.

Reinsurance market stable despite the absence of new entrants

Arthur J. Gallagher reports four reasons for the lack of new entrants.

Recent aircraft turbulence spurs insurance implications

WTW tells how recent events could potentially raise the number of insurance claims. 

WTW urges APAC banks to consider non-payment insurance

Uncertainties like the Chinese real estate crisis call for effective credit risk management.

International group sets stage for ICS implementation

The IAIS will begin developing an ICS execution evaluation methodology in 2025.