APAC

MSIG Asia’s CEO shares approach to risk management evolution

CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

Pet insurance market to surge 31% in CAGR by 2027

The dog segment is anticipated to witness significant growth.

Tokio Marine beefs up APAC property underwriter team

Jonathan Grossman and Si Min Lim have been chosen in their new roles.

Zurich integrates Blink Parametric in flight-delay solutions

Blink Parametric provides real-time assistance during flight disruptions.

Zurich foreshadows SME sector as a growth potential for embedded insurance

Zurich’s Roopa Malhotra champions embedded insurance, emphasising its contextual nature as a catalyst for customer awareness and adoption.

Directors identify health and safety as emerging top risks: Survey

Climate change remains high on the risk agenda in certain regions, such as Asia.

Lloyd’s, UNCDF champion parametric insurance for climate-vulnerable regions

The partnership plans to replicate the model in other regions, including Asia.

Gallagher Re reels new head of cyber for APAC

Sie Liang Lau holds more than two decades of experience in the industry.

AIA achieves five-pillar ESG strategy in 2023

The company was able to invest in ESG bonds, worth $6.3b.

Swiss Re board proposes 6% dividend increase

Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.

AIA records double-digit profit growth in 2023

Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.

S'poreans find wealth does not equate to financial resilience: Survey

Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).

NorthStandard forges partnership with AI platform for safer marine navigation

The global marine insurer will include the AI-based solution in its digital resources.

MS Amlin rebounds in 2023

The (re)insurer registered a net loss of $60m in 2022.