APAC
How secure are systems now in the insurance industry?
How secure are systems now in the insurance industry?
Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.
Sedgwick expands energy claims expertise in APAC
It created a team dedicated to this solution.
Munich Re’s technical performance boosts market position
The reinsurer reported a strong net income of $2.3b in Q1.
Geopolitical instability heightens need for robust ERM: WTW
60% of companies enhanced their processes to manage political risks.
Increased liquidity drives growth in APAC secondary market
BMS Asia experts explain why M&A insurance is critical in facilitating secondary deals.
Beazley reels new head of APAC
She joined the company back in 2007.
Cyber insurance can ‘avoid severe financial setbacks’ like CrowdStrike incident
A WTW director shares long-term solutions to incidents like CrowdStrike.
AIA Malaysia victorious at Insurance Asia Awards with four accolades
The leading insurer has achieved greater outcomes with the integration of cutting-edge solutions and digital initiatives into its operations.
Aon’s net income dips 1% YoY in H1 2024
This was equivalent to $1.63b.
WTW reels in new president for risk and broking
She has over two decades of experience in the industry.
Cyber insurance faces up to 10% loss from CrowdOut
Insured losses for standalone cyber insurance to reach up to $1.5b.
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
WTW’s net income surges 48% YoY in Q2 2024
Its revenue increased by 5% YoY to $2.3b.
Insured losses to reach $1.08b in CrowdStrike fallout
This is equivalent to about a fifth of the total financial loss of $5.4b.
How modular construction and project cargo insurance are connected
The modular construction market size is estimated at $64b in 2024.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
Global insurers see 6.2% growth in average premiums
China Life Insurance topped its regional peers and was in 5th place globally.
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1. Nina Ong drives AI and talent upgrades at Great Eastern Life 2. Manulife’s Leah Ng says better governance boosts women’s leadership 3. Singapore shippers face policy cancellations as Iran conflict escalate 4. Better protection for vulnerable groups could boost PH insurer trust: AXA 5. How APAC cyber gap exposes households to fraudResource Center
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Events
Event News
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