APAC
Pet insurance market slated for 8.1% CAGR by 2032
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Swiss Re targets over $3.6b FY24 net income, bags $2.1b in H1
EPS for the period was $6.97.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
WTW lists 5 benefits of parametric insurance in energy sector
Regular payouts often take 15 to 30 days, but parametric can expedite this long-wait.
SCOR merges APAC Life & Health units under new leadership
Dion Russell left SCOR to pursue other opportunities.
Extortion cyber attacks rank financial services as 4th most targeted
Australia and New Zealand more vulnerable compared to firms in Europe or North America.
Aviva Investors appoints new APAC solutions sales head
He has over two decades of experience in the insurance investment industry.
CrowdStrike meltdown may shore up cyber insurance premiums
Insurers are refining their policies after the global tech outage to better manage risks.
Cyber insurance market set to reach $121b by 2032
APAC is expected to experience significant growth due to rising ransom attacks.
Heightened geopolitical risks in Asia and the Middle East keep global firms on edge
Businesses are turning to credit insurance to navigate risks and safeguard their financial stability.
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
Canopius profits surge 53% in H1 2024
Insurance contract written premiums also climbed 23% YoY.
Coface’s H1 2024 net income climbs 10% YoY
This was equivalent to $156.5m in earnings for the period.
A complement, not replacement: Understanding parametric insurance
With rising disasters and cyber-attacks, parametric insurance offers an alternative to traditional indemnity-based coverage.
Hannover Re’s net income climbs 21% YoY in H1 2024
Earnings per share stood at $10.59.
Chubb makes chief appointments in finance team
Their roles are effective 4 September.
Sun Life Asia's Q2 2024 net income surges 24% YoY
The group’s EPS stood at $1.11.