APAC
Global R&W insurance claims rise despite M&A slowdown
Global R&W insurance claims rise despite M&A slowdown
The competitive landscape in 2023 favoured insured parties more.
Kairos appoints tech veteran Siregar as new CTO
Andre Siregar will work hand-in-hand with Albert Lim and Stephen Lee.
Savings products to drive global premiyums to $4t by 2034
Swiss Re Insitute says this is all thanks to escalating interest rates.
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.
QBE Asia stresses stronger insurer ties for marine sector
China, Japan, and SG comprised 70% of the GVA in the region’s marine sector.
Marsh cites three major shortcomings in current insurance strategies
The firm calls for proactive steps toward partnership.
What risks do select APAC markets fear most this year?
Global Insurance Law Connect unveiled four common risks the world is facing.
Global insurance market to see fastest growth in 18 years
The industry bagged $1.2t in premium income in the past three years.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
6 in 10 APAC firms fear political risk this year
However, this consensus was smaller than the previous year’s 67%.
Canopius names new group chairman
Watson will step down whilst Haste will start his role in July.
SG-based Income Insurance eyes APAC expansion: Report
Discussions are still in the early stages and may not result in a transaction.
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Allianz Commercial pegs SEA as global hotspot for maritime losses in 2023
This region saw over 184 total losses in the past decade.
Forrester unveils guide to combat 78% breach rate amongst firms
Recently, the cyber insurance market has seen rising premiums.
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
Generali’s GWP surges 21.4% YoY in Q1’24
This growth was driven by both its life and P&C businesses.
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Industry experts push for the rapid progress of unified customer data as a starting point.
