In Focus
How did APAC insurers fare in 2023?
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
Hong Kong's independent director caps face opposition
About 1,500 lingering and 23 overboarding INEDS in 810 and 181 firms are in the spotlight.
Asian Technology Excellence Awards 2024 showcases top digitally innovative companies in Asia
Winning companies were honoured at the Awards Ceremony in Bangkok, Thailand on 5 September 2024.
Insured losses from NatCat surge to $151b, fueled by urban growth
The five-year average annual loss is at $106b.
Asia-Pacific may miss RE targets
Countries must attract investments to advance their clean energy goals.
Taiwan insurers' earnings doubled to $10b in July
Both its life and non-life segments witnessed triple-digit growth.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
SingPost uses technology in shift to logistics
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Why did Hong Kong retail sales fall after a strong rebound?
Retail sales initially surged following Hong Kong’s border reopening in January 2023.
Life insurance reduces mortality risks in China
Still, the protection gap stood at $73.6b in 2023.
Four ways manufacturers can reassess their geographic footprint
Concerns about global supply chain issues drive a shift toward regionalisation and sustainability in manufacturing decisions.
CrowdStrike meltdown may shore up cyber insurance premiums
Insurers are refining their policies after the global tech outage to better manage risks.
Asia’s Q2 insurance pricing stays flat
Overall capacity was sufficient but challenges persist in property and flood risks
Only a fifth of Asia, Africa’s natural disaster losses insured in H1 2024
Total losses from natural disasters amounted to $40b.
How secure are systems now in the insurance industry?
Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.
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