Insurance
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
3 hours ago
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
3 hours ago
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
2 days ago
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
2 days ago
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
2 days ago
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
2 days ago
Japan’s life insurance slated for 4.7% CAGR through 2029
The industry is forecasted to expand by 6.8% in 2024.
3 days ago
India's life insurance growth slows to 10.6% in October
The industry is expected to grow by 1% to 13% over the next three to five years.
3 days ago
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
3 days ago
Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September
Both life and non-life sectors recorded double-digit growth.
6 days ago
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.
Aussie insurers to slash costs by 30% with tech revama
Insurers’ operating costs have surged—20% for incumbents.
Most Read
1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Resource Center
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Feb
20
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Event News
Thailand Technology Excellence Awards 2024 Winner: GOSOFT (THAILAND) COMPANY LIMITED
![Thailand Technology Excellence Awards 2024 Winner: GOSOFT (THAILAND) COMPANY LIMITED]()
Winning the Thailand Technology Excellence Award 2024 in the AI - Retail category reflects Gosoft (Thailand) Co., Ltd's innovation and impact.
Thailand Technology Excellence Awards 2024 Winner: GOSOFT (THAILAND) COMPANY LIMITED
Winning the Thailand Technology Excellence Award 2024 in the AI - Retail category reflects Gosoft (Thailand) Co.
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Awards
Feb
20
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'