APAC
Synpulse enhances APAC strategy with new insurance head
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.
FWD maintains stable VNB margin at 60.2%
Its value of new business (VNB) grew by 21.9% in 2023.
F&B industry underinsured against business interruption
29% said they are covered for property damage from extreme weather only.
What five challenges do companies face transitioning to captives?
Only 5% to 6% of global captives are headquartered in the region.
Climate insurtech seals deal to offer parametric insurance in Asia
Extreme weather events cost global agriculture $10b to $15b annually.
Zurich acquires AIG's travel insurance business
The acquisition is worth $600m.
Lockton bags 4th year of double-digit growth in organic revenues
It climbed 14% YoY.
Insurance pivotal in risk resilience enhancement: Marsh
“There is No Planet B” author urged the sector to factor in risks of ongoing polycrisis.
Climate change impacts wind turbine infrastructure, insurers advised
A 10% decline in wind speed can result in over a 30% reduction in output.
QBE's profitability rises with underwriting improvements
Moody’s is also optimistic about the insurer’s premium pricing trends.
Why insurers have a $10t role in mobilising the climate transition
Howden and BCG said insurance premiums are projected to rise by 50% by 2030.
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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