Insurance
Hong Kong’s insurance premiums reach $83b in 2024
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
What will drive the reinsurance sector to bag $68b in four years?
In 2023, APAC accounted for 13.3% of global reinsurance premiums.
India’s life insurers post 5.1% growth in FY 2025 premiums
CareEdge said premium growth is expected to remain volatile.
Asia’s commercial rates contracts in Q1 2025
This is the fifth consecutive quarter that rates have fallen.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Insurance companies risk missing $160b without AI scale
Those who successfully deploy AI invest about 30% more in AI capabilities than peers.
Insurers and pensions fill infrastructure lending gap: AllianzGI
The volume of debt being taken up by institutional investors has steadily grown.
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
How did top insurers by market cap perform in Q1 2025?
China’s PICC Property and Casualty led gains with a 40.5% rise in market value.
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Asia-Pacific leads universal life market with 29.7% CAGR
Globally, it is seen to reach $280b by 2032.
Korea’s new capital rules reduce insurers' capital burden
Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.
Insurers may cover only 25% to 33% of disaster damages by 2030
Insurers also expect to gain up to 15% revenue rise from AI and tech boost.
Few Singapore SMEs have cyber insurance
They seek to ward off cyber threats but not through insurance.
BFSI sector leads cyber insurance adoption at 35% to 40% share
This was followed by the technology and IT sector at 30%.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
Australian firms expect financial crime surge in 2025
Only a fourth of firms admitted their programmes are adequately equipped.
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Malaysia Technology Excellence & National Business Awards 2025 Winner: Mohan Vasudevan, Faizal Shebli, & Ajay Gupita of Aventra Group
Aventra Group Sdn Bhd’s Executive Chairman, Mohan Vasudevan, and Managing Directors, Faizal Shebli and Ajay Gupita, share how the company’s Training Management System prioritises compliance in the aviation industry.
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Are luxury boutique hotels the new black?