In Focus
What will drive the APAC life insurance market to bag $2t in five years?
What will drive the APAC life insurance market to bag $2t in five years?
India and China are major drivers of the sector’s growth.
29 minutes ago
China's non-life insurance sector should remain stable: AM Best
Insurers continue to face weak domestic demand, the agency said.
1 day ago
Maritime industry needs urgent and coordinated investment for net-zero goal
Hong Kong is seen to have a major role in this transition.
2 days ago
Why Indian companies increase use of insurance after cyber threats rise
Indian companies reported heavy financial losses tied to key insurable risks.
2 days ago
Sarulla eyes full geothermal output recovery with mitigation technologies
A well drilled in 2023 added 20 MW, and a second one is planned for 2026.
2 days ago
Malaysia sees stable non-life growth amidst premium rise
Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.
3 days ago
What type of insurance coverage do Indians prefer now?
Women are increasingly choosing Critical Illness (CI) riders.
Why Japan’s insurers brace for heavy payouts in projected quake scenarios
Nankai Trough earthquake has a 60% to 90% probability of occurring.
Why Taiwan’s non-life insurance sector maintains steady growth
AM Best says the non-life sector is supported by stable underwriting performance.
Hong Kong to host Asia’s first shore power network for ships
Grid-linked infrastructure will let ships draw power from shore whilst docked.
Insurers must expand cyber protection as Singapore shipowners upgrade security
Insurers must update underwriting as cyber navigation disruptions rise.
APAC insurance M&A cools with fewer Q3 deals
Despite that, Asian insurers continued to pursue overseas expansion.
Southeast Asia’s wind boom threatened by weak policy, grid gaps
States should adjust to investor response and adopt competitive auctions.
How did Singapore's life insurance sector perform year-to-date?
Business premiums for life insurance recorded $4.76b, whilst integrated shield plans accounted $496.5m.
What will drive APAC’s insurance claims market to grow 16.6% annually?
AI and data analytics will catapult the global industry to bag $638.3b by 2032.
Container tracking market to reach $14.63b by 2029
Thanks to the surge of global trade and globalisation, and fleet optimisation, amongst others.
Domestic cooling spurs Chinese energy firms to expand global footprint
Meanwhile, authorities are coordinating self-regulation pacts with producers to avoid a race to the bottom on prices.
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