In Focus

Asia-Pacific insurers face $200b legacy tech burden

Asia-Pacific insurers face $200b legacy tech burden

Outdated tech and entrenched processes continue to hamper operations.
10 hours ago

Green procurement $6.5t to $8.5t lever, WEF says

Report urges firms to sharpen business cases and governments to de-risk capital.
1 day ago

Shipping lags as other sectors drive green fuel markets: report

BCG says road, power, and aviation are shaping the supply of biofuels, ammonia, and methanol.
1 day ago

Fossil fuels to supply up to 55% of energy by 2050

This will be driven by energy needs in transport, heavy industry, data centres and buildings.
4 days ago

Commercial insurance rates sink 5% across Asia amidst rise in cyber demand

Insurers broadened protection to cover supply chain attacks and social engineering fraud.
5 days ago

Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b

Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.
6 days ago

Japan life premiums grow 5.4% CAGR amidst yield volatility

Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.

HK-China insurers target offshore wealth as agent count hits 5.5-year high

Expanding HK talent schemes drove life insurance agent numbers up 9% by December 2025.

Singapore life insurers log $5.16b as LIA flags 2026 caution

Industry expands 11.3% in 2025 whilst leadership signals unpredictability ahead.

Non-life insurance outlook holds as India cuts GST to 0%

Individual life and health cover have become more affordable after the tax rate fell from 18%.

Insurance businesses lose over $1.14m a year to payment fraud

The report warns transaction fraud can escalate into claims fraud if missed early.

Nearly all CEOs forecast revenue growth as HK outpaces global peers in AI

More than half of Hong Kong firms use AI for revenue, whilst 56% cite cyber risks.

Hong Kong insurance hiring spikes amidst $55b premium windfall

Massive H1 2025 revenue fuels aggressive hiring for digital transformation roles.

Half of APAC banks hit KYC backlog as manual systems fail

In Singapore, nine institutions were fined a combined $21m for anti-money laundering failures.

Grid-forming inverters seize control to stabilise Asia’s power

Electricity demand is rising faster than the physical networks that deliver it.

Legasea and SeaTrek team up to boost cargo access in Asia

The focus is on trade lanes tied to industrialisation and infrastructure demand.

Young adult cancer claims surge across 82% of APAC insurers

Breast and colorectal cancers are the leading types driving claims across the region.