Asian Business Review

APAC’s EV infrastructure market to grow at 13.5% by 2029
Challenges include distribution and overabundance of chargers.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
India launches pension system for all ages, infancy to 70 
NPS Vatsalya allows accounts to be opened for children.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Japan posts highest number of bankruptcies in a decade
Rising costs were the most cited reason.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Over 1 in 10 APAC workers have no retirement plans
Some workers are postponing their retirement 
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
India leads APAC IPO activity: GlobalData
India recorded 227 IPO listings, translating to $12.2b. 
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.

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Exclusives

Exclusives

Retail MINISO opens biggest global store in Jakarta's Central Park
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.
Financial Services Indonesia's BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Financial Services Bank-fintech alliance a win-win— HSBC digital chief
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Insurance Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Asia-Pacific may miss RE targets
Countries must attract investments to advance their clean energy goals.
Healthcare Startup Surge Motion eyes US expansion 
The company is pioneering a technology in fall prevention for the elderly.
Transport & Logistics SingPost uses technology in shift to logistics
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.

Top News

APAC’s EV infrastructure market to grow at 13.5% by 2029
Challenges include distribution and overabundance of chargers.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
India launches pension system for all ages, infancy to 70 
NPS Vatsalya allows accounts to be opened for children.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Japan posts highest number of bankruptcies in a decade
Rising costs were the most cited reason.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Over 1 in 10 APAC workers have no retirement plans
Some workers are postponing their retirement 
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
India leads APAC IPO activity: GlobalData
India recorded 227 IPO listings, translating to $12.2b. 
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.

Exclusives

Retail MINISO opens biggest global store in Jakarta's Central Park
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.
Financial Services Indonesia's BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Financial Services Bank-fintech alliance a win-win— HSBC digital chief
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Insurance Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Asia-Pacific may miss RE targets
Countries must attract investments to advance their clean energy goals.
Healthcare Startup Surge Motion eyes US expansion 
The company is pioneering a technology in fall prevention for the elderly.
Transport & Logistics SingPost uses technology in shift to logistics
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.

Join the Asian Business Review community