APAC
Zurich-Beazley deal would sharpen specialty edge: GlobalData
Zurich-Beazley deal would sharpen specialty edge: GlobalData
Beazley’s expertise in specialist lines could help Zurich expand its technical capabilities.
MS Amlin takes over MSI UAE risk through new reinsurance pact
The deal is run via the Dubai branch and targets bank clients needing contract frustration cover.
This week in insurance: Prudential boosts Malaysia stake, Ping An tops brand rankings, new partnerships emerge
Great Eastern has also unveiled a physical gold investment-linked policy.
Insured catastrophe losses top $100b for sixth straight year
Global settlement figures declined by $40b compared to the record highs seen during 2024.
Catastrophe losses strain reinsurers as 6-year $100b streak persists
Contract structures kept higher attachment points though some exclusions tightened.
Insurtech funding doubles to $16b but deals shrink
Investment value jumped in 2025 even as transactions dropped to 166.
Mobile phone insurance tops $70b as telcos tighten grip on sales
Operator channels are projected to control $23.3b of premiums by 2029 through bundled handset plans.
AI surge strains insurers as 35% demand auditable compliant outputs
Governance pressure shows up with 40% calling for clear frameworks in solution use.
Intelligent Inclusion, Sustainable Profitability: Asian Banking & Finance and Insurance Asia Summit Returns March 10 to the Philippines
Leading industry figures from BSP, BPI, Singlife, BDO, Malayan Insurance, and Allianz PNB Life assemble to discuss risk management, data-driven personalisation, and other key issues.
Credit, political risk insurance softens as underwriter shortage drives up costs
New entrants face rising hiring bills and heavier expense ratios in 2026.
This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley
Philippine-based GCash is giving away insurance coverage to borrowers of GLoan feature.
Insurance third-party admins to exceed $532b by 2029
Health plan administrators are expected to be the largest segment.
APAC insurers lag with legacy systems despite 87% claim digital lead
The legacy constraint rate rises from 90% at $1b to $5b firms.
Zurich deploys 100 engineers amidst 92% surge in AI infra spending
The new practice pulls together more than 100 specialist risk engineers.
Insurance, banks, public sector drive APAC IT spend, Forrester says
Australia and Singapore defence agencies test genAI for efficiency and decisions.
MS Amlin promotes Sarah Wilson to head of Outwards Reinsurance
She joined the company from Tokio Marine Kiln.
APAC crop insurance seen rising 34% as climate risks intensify
Worldwide gains total $16b with 6.3% annual expansion.