APAC
bolttech boosts international collaboration with telecoms
bolttech boosts international collaboration with telecoms
This collaboration aims to provide device insurance for European mobile operators.
Coal asset stranded risk grows amid insurance coverage challenges: WTW
WTW’s report highlights the struggle between energy security, affordability, and sustainability, leading to continued volatility in the power sector.
The lack of available resources forces asset owners to remain on legacy tech: Survey
More than half of asset owners, including insurers, still utilise spreadsheets for monitoring assets.
Global M&A claims surge despite smaller deal volume: Report
In 2022, the largest claims still originate from accounting and financial issues.
Miller names new lead for Financial Lines, Asia
William Seccombe will focus on forming a team of experts to boost Miller’s offering.
AXA’s 9M’23 revenue inches up 2%
It accumulated EU78.8b in gross written premiums and other revenues.
ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY
VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.
Manulife Asia unveils new Chief of Comms
Sabrina Cheung will manage the region’s strategic communications and media relations.
Prudential’s new business sees 37% profit growth IN 9M23
It grew to $2.14b, year-to-date.
Asia’s mortality protection gap grim by 2030, prediction shows $119t rift: report
Cyber insurance market in Asia is projected to triple in size from 2022 to 2025.
Swiss Re registers $2.5b profit in 9M23
The company aims for more than $3b in net earnings for 2023.
Asia’s Q3’23 insurance pricing flat for the second quarter in a row
Overall pricing for the third quarter remained flat, similar to the previous quarter.
Seven countries benefit from initial anticipatory action and disaster risk reduction programme
Its goal was to minimise the impact of disasters on individuals and communities.
Asians prioritise financial planning the most when falling ill: Peak Re
Six out of 10 Asians fear cyber security attacks.
Allianz Trade APAC appoints new HK commercial director
Tricia Koh will oversee commercial activities in Hong Kong, Taiwan, and South Korea.
Sompo Int’l assigns new lead for crisis management, commercial P&C insurance
Chiew is based in Singapore and joins from AXA, where she was a senior underwriter.
Allianz Commercial appoints Jude Cross as Asia’s head of property
Cross has more than 20 years of experience in the industry.
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Industry experts push for the rapid progress of unified customer data as a starting point.
