Insurance

Forrester forecasts 15% growth in cyber insurance amidst AI risks

Forrester forecasts 15% growth in cyber insurance amidst AI risks

Insurers are advised to offer tools for risk mitigation and new underwriting models.
10 hours ago

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.
12 hours ago

MSIG Malaysia ramps up data Investments to boost growth

Its CEO thinks industry growth lies in affordable insurance.
1 day ago

Why is cyber insurance the most in-demand coverage today?

27.4% believe cyber insurance will see the highest increase.
4 days ago

Asia-Pacific disability insurance market to grow 13.5% yearly

It will likely be driven by rising awareness of income protection products.
6 days ago

China’s non-motor insurers to gain from tighter commission rules

However, the move is expected to slow premium growth amongst small insurers.
6 days ago

Life insurers shift focus to wealth and care to support longer retirements: Swiss Re

Senior-targeted cancer coverage is bundled with health or annuity plans.

Why insurers turn to private markets in 2025?

Over the next 12 months, 67% of insurers plan to use reinsurance sidecars.

Singapore businesses boost insurance spending as risks rise

38% of Singapore firms plan to reassess security of their overseas operations.

Why Singapore health insurers lag in aligning brand and reality

Forrester said insurers must offer more affordable healthcare plans.

Why Taiwan’s insurance outlook remains solid through 2029

The market is projected to expand by 8.8% this year.

APAC tax insurance gains traction beyond M&A transactions

The share of tax insurance placements in non-M&A contexts rose to 20% in 2024.

Aon reports $114b in insured losses from 2025 disasters

Total economic losses stood at a minimum of $203b in the first 9 months.

Great Eastern bets on AI, specialised products in strategy revamp

It plans to expand its products for high-net-worth people and SME owners.

APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR

Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.