APAC
HDI Global integrates GenAI for international programmes
HDI Global integrates GenAI for international programmes
HDI is also providing ongoing training to expand its workforce skills in GenAI.
Which three Asian countries ranked riskiest in the world?
Singapore was the lowest-risk country in the region.
Swiss Re forecasts higher demand for reinsurance
Demand for property and specialty reinsurance is rising due to higher property values.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
Tokio Marine Kiln enhances APAC team with new underwriter
She brings over 20 years of marine insurance experience.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
Contractor errors and defects fuel offshore wind project losses
This accounted for over 60% of insurance claims in 2022.
BMS reels new Chief Broking Officer
He brings over 30 years of experience in the industry.
Reinsurance capital to rise 9% to $620b in 2024
Risk appetites continued to improve through H1 2024.
Aon's new framework to enhance insurer profitability
It focuses on uniting capital and portfolio strategies ahead of January 2025.
AXA expected to sustain strong financial performance in next 12 months
AXA's capital strength remains solid, with a Solvency II ratio of 227%.
Zurich expands APAC commercial division with two new heads
Both heads will be based in Singapore.
Insurance sector to capitalise on $54b BESS investment by 2024
Renewables could generate $237b in premiums by 2035.
Construction insurance sector set for growth with energy, utility projects
Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.
Howden Re cites severe weather, SRCC as major reinsurance losses
Challenges in casualty lines include risks from autonomous vehicles.
Insurers adapt to serve Hong Kong, Singapore family offices
UHNW and HNW families are expected to reach $5.8t in wealth by 2030.
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Industry experts push for the rapid progress of unified customer data as a starting point.
