EY
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See below for the Latest EY News, Analysis, Profit Results, Share Price Information, and Commentary.
A ten-year development strategy must be built on innovation and technology – EY’s Ms Effie Xin
A ten-year development strategy must be built on innovation and technology – EY’s Ms Effie Xin
																					
							She underscored that the most effective approach combines long-term goal setting with continuous strategic adjustments.
						
					
					
				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.