APAC
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Is ‘Londonisation’ good for Asia’s M&A insurance market?
Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.
Global trade risks prompt exporters to consider insurance
45% of Chinese exporters are expecting their turnover to grow this year.
Insurance loyalty rises despite market challenges – Bain & Co.
Consumers increasingly value insurers excelling in ethics, legacy protection, and anxiety reduction.
Finance, banking sectors show the most interest in pension plans
About 142 IPPs and ISPs were established over the last five years.
Generali China deal tops Q1’24 APAC transactions
Generali agreed to buy a 51% stake in Generali China Insurance.
Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24
Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore.
Travel insurance market set to reach $106.8b by 2032
The region showed the fastest-growing CAGR.
QBE reports 2% YoY growth in Q1’24’s GWP
Premiums declined by 2% in constant currency.
Sun Life's Asia business reports $177m for Q1'24 net income
The region’s sales, however, showed mixed results.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
BMS Re boosts MGA business with six new hires
It said it boosts its ProLink Solutions personnel by 40%.
Manulife’s Asia segment net income down 29% YoY in Q1’24
APE sales in Asia climbed 13% YoY to $950m.
Why are intangible assets more valuable but less insured?
Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.
Political risks dawn on the mining sector
Supply chain disruptions can jeopardise project returns.
What are the 10 major risks driving the industry today?
Moody’s CRO presses cyber is the most common risk across sectors and regions.
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