APAC

Insurance, pensions see 6.2% rise amidst market gains

Asia’s household financial assets grew by 7.5%.

Cyber insurance demand rises in APAC's emerging markets

APAC cyber insurance market is growing at nearly 50% annually.

APAC insurance stability bolstered by strong risk management

87% of the APAC rating units had stable outlooks at the end of 2023. 

Lower-income households bear brunt of insurance hikes

Whilst inflation is declining, insurance prices have risen sharply.

Global trade drives 8.4% growth in import-export insurance

Banks, lenders often require importers and exporters to have insurance in place.

Prudential pins two challenges in transition finance

It has also set aside $150m for KKR’s climate strategy.

Zurich targets $100 carbon price by 2030

The company aims for 75% of its Managed Procurement Spend to come from suppliers.

Insurers eye AI's dual role in risk and opportunity

AI vendors can become single points of failure.

How much will the crop insurance market grow in 2027?

The region contributes nearly a third to this market.

P&I premiums steady despite high-profile incidents

Although competition between P&I clubs intensified due to growth in global tonnage.

How did marine insurance premiums fare in 2023?

Europe and Asia showed strong development in the cargo insurance market.

Intelligent decisioning: The essential element of a modern, customer-centric insurance business

The insurance industry is undergoing a digital revolution driven by AI and advanced analytics.

Randy Lianggara named Sun Life's president of emerging markets

He will also oversee the company’s joint venture with China Everbright Group.

Maternity health insurance market to reach $269.3b by 2032

Its growth is fuelled by an increased adoption of life insurance services and strategic developments.