Insurance
APAC insurers lag peers in risk management maturity
APAC insurers lag peers in risk management maturity
But AM Best ranks 60% of APAC insurers as financially strongest.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
How insurance markets are rewarding buyers with lower global rates
But Aon warns that volatility in property, cyber, and casualty lines remains a concern.
What will drive Singapore’s general insurance market to bag $6.5 by 2030?
PA&H market alone is projected to make up a fourth of the sector’s total premiums.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
Why 1 in 5 think AI will replace human insurance agents
Over half were comfortable using AI with a human option available.
MSIG Malaysia ramps up data Investments to boost growth
Its CEO thinks industry growth lies in affordable insurance.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Asia-Pacific disability insurance market to grow 13.5% yearly
It will likely be driven by rising awareness of income protection products.
China’s non-motor insurers to gain from tighter commission rules
However, the move is expected to slow premium growth amongst small insurers.
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.
Macau insurance sector grows 5% as premiums and profits rise in 2024
Total gross premiums reached $4.67b last year.
Nepal insurance activity surges in September as premiums double
Gross premium collection jumped to $0.31b.
Why Taiwan’s insurance outlook remains solid through 2029
The market is projected to expand by 8.8% this year.
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