Asian Business Review

Philippines' microinsurance premiums jump to $240m in 2023
The year saw 56.62 million Filipinos covered under microinsurance policies.
AI-driven risks propelled APAC cybersecurity spending
^ "https://vimeo.com/942210813"
Organisations adopt advanced defences against AI-driven threats.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
How are Insurance-Linked Investments profitable?
Schroders says ILS is primarily driven by natural events rather than corporate factors.
South Korean banks’ loan delinquency rate rise in Feb
Corporate, SME, and household loans all saw their delinquency rates rise.
Overseas expansion impacts Korean banks’ profits
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Philippines expects over 4,000 MW of power projects to begin operations this year
These projects include both conventional and renewable energy.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.

Join the Asian Business Review community

Exclusives

Exclusives

Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.

Top News

Philippines' microinsurance premiums jump to $240m in 2023
The year saw 56.62 million Filipinos covered under microinsurance policies.
AI-driven risks propelled APAC cybersecurity spending
^ "https://vimeo.com/942210813"
Organisations adopt advanced defences against AI-driven threats.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
How are Insurance-Linked Investments profitable?
Schroders says ILS is primarily driven by natural events rather than corporate factors.
South Korean banks’ loan delinquency rate rise in Feb
Corporate, SME, and household loans all saw their delinquency rates rise.
Overseas expansion impacts Korean banks’ profits
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Philippines expects over 4,000 MW of power projects to begin operations this year
These projects include both conventional and renewable energy.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.

Exclusives

Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.

Join the Asian Business Review community