insurance

Cyber gross written premiums could double to $30b globally

The top 10 reinsurers account for 87% of the global cyber GWP.

Peak Re issues $50m catastrophe bond with Black Kite Re

This marks Peak Re’s second catastrophe bond issued in Hong Kong.

Insurance Development Forum launches open tools for climate risk understanding

IDF RMSG has also published a series of Parametric Insurance Case Studies. 

Singaporean broadband provider launches coverage for hobbyists

In collaboration with HL Assurance, it is designed to cover high-value collectables.

WTW Construction Risk promotes Trent Williams to oversee placements

He previously served as head of Broking, Pacific for seven years.

Aon's net income contracts in Q1 2025

Diluted earnings per share also dipped 17% YoY to $4.43.

APAC’s commercial auto insurance set for steady 3.2% CAGR

Globally, the market is forecasted to register CAGR of 9.9%.

Manulife Hong Kong launches two critical illness products with income aid

One of the plans covers 121 critical illnesses and diseases.

Hong Kong’s insurance premiums reach $83b in 2024

Both long-term and general insurance sectors registered notable increases.

AM Best says Shinkong Insurance to sustain strong profits

The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.

Asia Pacific to lead global motor insurance growth

The market is also estimated to have bagged $833.8b last year.