APAC
How Grandtag secures the bag for Asia’s richest
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.
QBE Asia stresses stronger insurer ties for marine sector
China, Japan, and SG comprised 70% of the GVA in the region’s marine sector.
Marsh cites three major shortcomings in current insurance strategies
The firm calls for proactive steps toward partnership.
What risks do select APAC markets fear most this year?
Global Insurance Law Connect unveiled four common risks the world is facing.
Global insurance market to see fastest growth in 18 years
The industry bagged $1.2t in premium income in the past three years.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
6 in 10 APAC firms fear political risk this year
However, this consensus was smaller than the previous year’s 67%.
Canopius names new group chairman
Watson will step down whilst Haste will start his role in July.
SG-based Income Insurance eyes APAC expansion: Report
Discussions are still in the early stages and may not result in a transaction.
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Allianz Commercial pegs SEA as global hotspot for maritime losses in 2023
This region saw over 184 total losses in the past decade.
Forrester unveils guide to combat 78% breach rate amongst firms
Recently, the cyber insurance market has seen rising premiums.
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
Generali’s GWP surges 21.4% YoY in Q1’24
This growth was driven by both its life and P&C businesses.
Usage-based insurance to propel with a CAGR of 27.6% by 2030
The market is projected to reach $64.29b
Groke calls for strong implementation of ship situational awareness systems
17% of marine insurance claims from 2017 to 2021 were due to collisions, foundering, or sinking.
Corebidge acquisition could catapult Nippoin Life’s profitabilityÂ
Fitch projects an increase in consolidated core profit by ~$580m.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
