APAC

Cybersecurity insurance poised for 20.5% CAGR by 2032

The market was also valued at $16.4b in 2023.

Chubb names two new leaders within Overseas General Insurance divison

Tim Stapleton has been named Chief Underwriting Officer.

Insurers risk falling behind amidst consumer demands: Camunda

Workforce shortages are also a looming challenge for the industry.

AI will enhance risk assessments: FM

The insurer also shared 8 risks businesses should be aware of.

Aon appoints new lead of talent solutions in Asia-Pacific

Swani brings over 25 years of experience as an HR consultant.

MSIG Asia partners with RiskPoint for renewable energy insurance

The region is expected to invest over $3t in power generation.

8 in 10 insurers plan to increase tech investment this year

36% of insurers prioritise AI and machine learning.

APAC's insured only 5.4% of $74b disaster losses: Aon

APAC was also the second-largest region in terms of economic losses.

Medical plan costs to rise by 11.1%: Aon

APAC is expected to experience the second-largestYoYr increase globally.

Only 9.1% of Asia's economic losses insured in 2024

The five-year average for insured losses was $11b.

52% of experts bleak about future amidst misinformation, weather risks

In the long-term, experts grow worrisome about environmental risks.

Global reinsurers stable despite LA wildfires – S&P

But primary insurers are expected to withstand the losses.

WTW unveils new head of insurance consulting and technology

Mamone brings 37 years of experience across industries.

Zurich Commercial Insurance reels in new head

She brings nearly two decades worth of experience.