Insurance

Only six out of 10 said they are ready to handle business risks: Aon survey

About three of 10 persons have been affected by last year’s top business risks.

Only six out of 10 said they are ready to handle business risks: Aon survey

About three of 10 persons have been affected by last year’s top business risks.

APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re

The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.

Global M&A claims surge despite smaller deal volume: Report

In 2022, the largest claims still originate from accounting and financial issues.

United Cooperative Assurance honoured at Middle East Technology Excellence Awards

Its unified portal is built using advanced hyper-automation technologies.  

APAC’s liability insurance sector to exceed $61b by 2027: GlobalData

Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.

Nature’s wrath pushes insurers to reshape risk adaptability

Experts shared the reality of cost-efficiency whilst minimising the protection gap.

SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

Asian insurers’ AI-readiness dictates their competitive advantage

Experts reveal why insurers that adapted AI earlier are now realising bigger extra earnings or cost reductions.

APAC amongst fastest growing cyber insurance market: S&P Global

It grew 51.2% in the past five years but remains the second smallest market globally.

Top 20 APAC insurers average 8.2% in premium growth – GlobalData

Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.

Here's how APAC insurers are performing midyear

Despite the challenges identified, credit trends are observed to be stable.

Less than half of global losses due to calamities insured

There were indications of a shift toward an El Niño-like pattern in Asia.

P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company

P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.

KoverNow: The Netflix of insurance?

Its subscription model gives another option for consumers that don’t want long contracts.

This former insurance outsider became one of Asia's top industry executive

Damien Green recently took the helm of Manulife Asia as its new chief.