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Outdated tech and entrenched processes continue to hamper operations.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.
Commentary
Ingredients take centre stage for Asian consumers across food and beverage purchases
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Breaking the myths around turbomachinery downtime in APAC