APAC
Insurance helps de-risk climate projects as $6t investment needed: WTW
Insurance helps de-risk climate projects as $6t investment needed: WTW
Credit and political risk cover are helping banks finance renewable and transition projects.
Insurance outsourcing market set for 7.1% CAGR growth
Asia-Pacific is projected to record the fastest growth.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
He will take over from Edmond Lee, who is retiring after 12 years.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Asia-Pacific reinsurance sector stays stable despite soft market
The industry remains well capitalised, but Fitch cautions climate-driven volatility.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Health insurance market grows 9.1% CAGR through 2025
APAC is forecast to record the fastest growth.
Guy Carpenter reports stable non-marine retrocession pricing levels
Appetite for aggregate cover continues to increase.
Insurance claims market grows to $519.21b by 2032
This equates to a CAGR of 12.9%.
Asia-Pacific insured only 5% to 7% of hazard losses
Additionally, more than half of the countries had less than 5% of losses.
This week in insurance: India’s OPD surge, bolttech-BYD deal, HSBC tops HNW survey, Sun Life expands in PH
Sompo Japan, Momentick, and JGC launch methane detection solution tied to insurance coverage.
Asian investors increase demand for secondary life insurance assets
Interest is growing in Singapore, Hong Kong SAR, and Japan.
Cargo premiums rise 1.6% to $22.64b in 2024
The largest growth came from China.
Willis report shows power insurers cut premiums as capacity returns
Appetite is strong for infrastructure projects in Indonesia, Vietnam and the Philippines.
Mine subsidence insurance market to grow 6.4% to $3.42b in 2025
The market is projected to reach $4.32b by 2029.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Manulife to sell MVI Life to Japan’s Asahi Life 4. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire 5. Singlife, Lion Global Investors launch physical gold fund in SingaporeResource Center
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AI isn’t replacing insurance, it’s finally making it work