P&C insurance
Commercial property insurance to see 10.4% CAGR by 2028
Commercial property insurance to see 10.4% CAGR by 2028
Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Success in both markets relies heavily on how they’ll navigate uncertainties.
APAC a major driver of mobile phone insurance market’s CAGR by 2028
Growing phone theft incidents also contribute to market growth, as victims seek protection through coverage.
Increased competition expected in Asia's property insurance market: Gallagher Specialty
Singapore dominates the offshore insurance coverage market.
SHKPI's capital buffer expected to rise in extreme scenarios – S&P
The insurer’s modest capital size presents vulnerabilities, assessed S&P Global.
Long-term insurance drives Samsung Fire & Marine’s 2023 profit growth
Revenues climbed 6.9% for the year.
P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company
P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.
Amidst AXA deal, what drew Generali towards Malaysia's P&C sector?
The insurer remains optimistic for the sector as it has shown strength despite the pandemic.
Sompo International forms APAC global risk team
The team will target accounts in the financial institutions, hospitality, and life sciences, amongst others.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
