APAC

Beazley reels new head of APAC

She joined the company back in 2007.

Cyber insurance can ‘avoid severe financial setbacks’ like CrowdStrike incident

A WTW director shares long-term solutions to incidents like CrowdStrike.

AIA Malaysia victorious at Insurance Asia Awards with four accolades

The leading insurer has achieved greater outcomes with the integration of cutting-edge solutions and digital initiatives into its operations.

WTW reels in new president for risk and broking

She has over two decades of experience in the industry.

Cyber insurance faces up to 10% loss from CrowdOut

Insured losses for standalone cyber insurance to reach up to $1.5b.

Embedded value of Asia's life insurers grows 7.2% in 2023

Japan and Taiwan post strong gains in insurer-embedded value.

WTW’s net income surges 48% YoY in Q2 2024

Its revenue increased by 5% YoY to $2.3b.

Insured losses to reach $1.08b in CrowdStrike fallout

This is equivalent to about a fifth of the total financial loss of $5.4b.

How modular construction and project cargo insurance are connected

The modular construction market size is estimated at $64b in 2024.

Asian insurance rates suffer in Q2 amidst rising competition

All lines of business witnessed declines during the period.

Global insurers see 6.2% growth in average premiums

China Life Insurance topped its regional peers and was in 5th place globally.

Moody’s advises on cyber policy clarity post-CrowdStrike event

The extent and terms of coverage within individual policies will vary.

CEO on mounting regulatory challenges for APAC insurers

Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.

Chubb's Q2 2024 net income jumps 24.3% YoY to $2b

The region’s P&C net premiums surged by 33% YoY.

WTW appoints new lead for M&A in APAC, Africa

He has worked as a lawyer at Norton Rose and co-founded Risk Capital Advisors.