APAC
Parametric insurance market set to hit $51.3b by 2034
Parametric insurance market set to hit $51.3b by 2034
Asia-Pacific will be the fastest-growing region.
BNP Paribas sells AG Insurance stake to Ageas for $2.2b
BNP Paribas said the deal is expected to close in the second quarter of 2026.
Cost and low awareness limit health and life insurance uptake
Globally, China and India lead insurance usage.
Aon taps 40-year market veteran for ReSpecialty property team
He will report to Dustin Fabbian, senior broker of Aon’s property leadership team.
Uninsured subcontractor error exposes limits of marine survey contracts
An architect supplied incorrect information to the marine surveyor.
Why 9 in 10 APAC insurers hold stable outlooks
Non-life insurers are likely to benefit from favourable reinsurance conditions.
Swiss Re targets $4.5b group net income for 2026
It seeks an L&H Re net income of $1.7b next year.
Aon names Ben Jones as new COO for APAC
Jones is based in Singapore.
Sollers says insurers to speed cloud adoption in 2026
Japan and parts of Europe are taking a more cautious approach in terms of adoption.
Why APAC insurers average 35% of assets with external managers
Allocations range from 24% to 45% across firms managing a combined $2.6t.
This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
Meanwhile, demand for remote work in Singapore’s insurance sector increased 15.3%.
Swiss Re appoints Nicole Pieterse as next chief people officer
She has held senior HR roles across the financial services industry.
bolttech buys 2019-founded mTek to boost embedded insurance
The platform works with major insurers including GA Insurance, Sanlam, and Britam.
Will AI copilots replace legacy insurance systems by 2026?
Data shows executives trust generative AI at twice the rate of machine learning.
Social media lawsuits surge, lifting insurers’ liability exposure
Insurers may need to revisit policy wording and tighten risk selection.
Taboos, low confidence stall legacy planning across Asia
Two-thirds of Asians fear their wealth will not outlast their children’s generation.
Only 27% of next gen willing to lead family firms, legacy planning lags
The lack of structured succession planning leaves many businesses exposed.
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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