APAC
How have strong investment returns boosted P&I clubs?
How have strong investment returns boosted P&I clubs?
It should reduce the likelihood of Unbudgeted Supplementary Calls.
Asia Pacific to lead blockchain in insurance by 2031
Globally, the market could reach $32.9b.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
Can renewable energy growth continue amidst rising insurance risks?
Alternative energy assets often lack the quality needed for long-term sustainability.
Reinsurance capital hits $766b, up 5.4%
Return on equity remained strong at 19.6%.
Insurance value creation rises amidst regional disparities
Asia Pacific contributed just over $100b to the five-year total.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.
HDI Global debuts energy unit for full coverage
Franz Adamczyk will lead the new unit.
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Going green carries its own environmental risks
Both insurers and corporations need to carefully appraise how various types of commercial activities could harm the environment.
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Reinsurers adjust costs, aerospace premiums unaffected
Market has remained competitive, driven by overcapacity and stable demand.
Aviva-COFCO's solvency ratio drops to 240%
ROE averaged 9.7% from 2022 to H1 2024.
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Industry experts push for the rapid progress of unified customer data as a starting point.
