EY
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
See below for the Latest EY News, Analysis, Profit Results, Share Price Information, and Commentary.
APAC insurance CROs lag peers on operational risk preparedness
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
Could cash be making a comeback in Singapore wealth plans?
Also, over a third expect to grow their exposure to alternative investments.
Create an environment where AI-natives can thrive: EY’s Steve Lo
He advocates for technological leadership, strategic foresight, and cultural adaptability to ensure Asia-Pacific’s sustained tech excellence.
Majority of businesses eye increasing electricification efforts in three years
They are also willing to invest more on on-site generation.
Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations
Of 47 APAC jurisdictions, about 16 have AI regulations or guidance in place.
Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
Future-proofing employees is important to support the organisation’s growth - EY’s Jason Seng
He highlights how HR leaders can drive engagement, foster innovation, and future-proof their workforce in a rapidly changing business environment.
Southeast Asia’s insurtech sector hits $2.4b in 2023
It was mainly driven by Singlife’s merger with Aviva Singapore.
EY’s Andrew Tan emphasises customer needs, technology application key to success
He highlights leveraging technology for efficiency, personalisation, and creating a seamless user experience.
Innovation will thrive if motivated by real desire to create impact for businesses and society – EY’s Steve Lo
The EY Chief Innovation Officer highlighted that technological solutions must be developed with a holistic eye on the value they bring to companies, individuals, and society at large.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
Generative AI aids hackers in entering high-risk systems
AI tools are misused by cybercriminals.
Conduct risk puts 54% of insurance CROs on high alert
38% of APAC insurers are implementing AI tools, higher than the global average of 22%.
Nazerim Amir of EY explores the vital role of artificial intelligence (AI) and customised operating models in digital transformation
The operating models must facilitate quick experimentation, embrace failure, and allow for agile course corrections.
Leaders should model a digital mindset, infuse digital practices, upskill the workforce – EY’s Jason Seng
Empathetic, adaptive, and people-focused leadership is vital for success in today's competitive business landscape, according to Seng.
Why retailers should pick up the pace of AI adoption
Analysts said they will run the risk of lagging in the market and suffering higher costs.
Seven in 10 CEOs say businesses not doing enough to address AI consequences
An EY study showed that more than half of CEOs want to focus on ethical AI.
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