Insurance
APAC segment leads Canopius' premium growth with 35% increase
APAC segment leads Canopius' premium growth with 35% increase
Canopius' APAC segment saw its contract written premiums reach $295m.
Munich Re HealthTech taps Bilal Ramadan as CEO
Ramadan succeeds Gerry Raftopoulos, who served the HealthTech arm for 28 years.
Global cyber insurance market to skyrocket by $42.81b by 2027
Surge in cyber-attacks prompts increased demand for cyber insurance to safeguard against financial and reputational risks.
HSBC Life tops Hong Kong’s insurance industry in 2023
HSBC Life’s business premium amongst the biggest market share contributors.
GenAI Set to heighten cyber risks, Lloyd’s warns
The impact on the cyber threat landscape has been limited so far due to safety mechanisms.
HDI Global makes board changes
David Hullin, a member of the board, overseas ASEAN affairs.
Life insurance sector for India remains subdued, February sparks 48.4% premiums
Year-to-date, new business premiums of Indian life insurers narrowed their decline to 0.2%.
Aon adopts AI-drive platform to amplify risk and business strategies
It plans to offer personalised data-driven insights at the portfolio, fleet, and driver levels.
South Korea joins multilateral agreement for strengthened financial regulation
The committee consists of capital market supervisors and regulators from 22 countries in the region.
Region takes lead in usage-based insurance, market to expand 26.2% CAGR
Globally, the market should see $267.4b by 2032.
About 63% of Malaysian women lack self-perceived insurance understanding: report
Only 23% expressed confidence in their understanding of insurance and takaful products.
FWD Group becomes majority stakeholder in Malaysian arm
JAB Capital Berhad is no longer a shareholder after the transaction.
APAC foreseen as top growth region in self-driving car insurance market
The market is projected to reach $88.1b by 2032 globally.
AXA HK opens women-centred health facility
In partnership with Chiron Medical Group, the centre offers a wide range of services for women’s health.
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
Sun Life names new chief client experience and marketing officer for Asia
Mahima Tankha Marwah has over two decades of experience in the finance industry.
Hong Kong’s insurance premiums dip in 2023
Its long-term business witnessed a contraction, whilst its general segment registered growth.
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