In Focus
Genting Singapore net profit down 5% to $578.9m in FY2024
Zhongxin Fruit and Juice records $4m net profit in HY2025
However, the gross profit margin decreased to 16.3% from 18.4%.
See you in 2025!
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Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Indian health insurance sector slated for 12.8% CAGR by 2028
The industry is also forecast to grow by 15% in 2024.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
How did marine insurance premiums fare in 2023?
Europe and Asia showed strong development in the cargo insurance market.
What will drive Hong Kong’s insurance market to reach $127b in 2032?
Chronic diseases and ageing population are driving the demand for life insurance.
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
Reinsurance sector to remain profitable through 2025
The sector achieved record profits in 2023 and the first half of 2024, said Fitch Ratings.
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Industry experts push for the rapid progress of unified customer data as a starting point.
