APAC

How insurance companies can embrace sustainability

How insurance companies can embrace sustainability

A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.

Natural disasters steer Asia Pacific towards parametric insurance

Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.

Howden warns against over-reliance on cyber insurance

The insurance broker listed three AI threats haunting organisations.

Gallagher Re calls for nuanced view of PE-backed reinsurers

Critics warn of short-term profit strategies risking stability and trust.

Global exposure growth reaches 11.7% YoY

IED for Wind Japan was stable against the Yen.

Asia energy firms seek lasting insurer partnerships

Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.

Elevated risk environment prompts challenges for reserve management

Aggressive inflation has complicated loss predictions and could underestimate severity.

25% of employers to enhance insurance coverage in the next two years

More than half of companies are already offering health and wellbeing benefits.

Management addresses market demands at Jefferies call

Debt leverage remains within substantial headroom.

Canopius partners with Group-IB for cyber insurance boost

It aims to provide Canopius policyholders with advanced threat intelligence.

Miller grows Cargo team with APAC hire

Albert Ferriolo will be collaborating with the global head of Cargo, Jamie Kearney.

Insurers struggle to balance customer acquisition and retention: study

Customer retention is crucial in markets where new buyer growth has stagnated.

Guy Carp appoints new managing director for credit, bond and political risk division

Chu has been in the reinsurance market throughout his 30-year career.

Private market investments surge amongst 73% of insurers

Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.

‘Super election year’ heightens political violence risks – Allianz Commercial

Financial impact of past civil unrest incidents reached around $13b.

GAIP details transformation in risk management towards net-zero

Asia experienced 81 climate-change related hazard events in 2022 alone.