In Focus
Advanced markets to drive half of new insurance premiums by 2034
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
FundPark, HKECIC bare pioneering effort for insured growth for Hong Kong SMEs
Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
Allianz Lanka’s new CEO shares 5 strategies for insurers to drive growth
The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.
More factories relocate from China to Malaysia amidst trade tensions
But integrating with the local supply chains remains a challenge.
S’pore bags ‘resilience champion’ status, boosts global business
It ranked 3rd, thanks to its location coupled with a stable and efficient gov’t.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Value offerings essential for Hong Kong's mega-event success
Experts suggest partnering with event providers to create package tours.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
Insurers face customer churn as prices rise in select products
Experts pin 3 ways to adapt to a more ‘demanding’ customer base.
What new brands need to succeed in Asian markets
Price sensitivity remains a critical factor especially in essential categories like food and beverages.
Intense heat wave slows down India's manufacturing growth in May
Lower work hours affected production volumes.
Ways retailers can start waste reduction efforts amidst charging scheme delay
Experts recommend adopting mono-material packaging and encouraging naked shopping.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
Redevelopment a toss-up between city retail and CBD offices
CBD and Orchard Belt have seen numerous redevelopment projects propelled by URA incentives.
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1. Vietnam general insurance market to grow 7% annually through 2029 2. 9 in 10 Indian policyholders seek auto-replenish feature in health insurance 3. Could cash be making a comeback in Singapore wealth plans? 4. Hong Kong’s insurance market to hit $127b by 2032 5. Indians prioritise insurance for protection against rising health costsResource Center
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