Insurance
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
Embedded value of Asia's life insurers grows 7.2% in 2023
Japan and Taiwan post strong gains in insurer-embedded value.
Insured losses to reach $1.08b in CrowdStrike fallout
This is equivalent to about a fifth of the total financial loss of $5.4b.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
Moody’s advises on cyber policy clarity post-CrowdStrike event
The extent and terms of coverage within individual policies will vary.
CEO on mounting regulatory challenges for APAC insurers
Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
Income Insurance targets to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
FundPark, HKECIC bare pioneering effort for insured growth for Hong Kong SMEs
Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
India considers major reforms to 1938 Insurance Act
The bill amendments could potentially let insurers enter the banking industry.
India’s life insurance industry sees 20.2% YoY APE growth in June
CareEdge foresees medium-term outlook to remain positive.
China absorbs $13b loss in natural disasters in H1 2024
The government has allocated $570m for disaster management this year.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
Expert debunks misconceptions impacting cyber insurance investment
A Forrester report found that only a quarter of firms possess standalone policies.
Allianz Lanka’s new CEO shares 5 strategies for insurers to drive growth
The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
Southern China floods trigger 18,400 insurance claims
Estimated losses amounted to $86.66m.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
Most Read
1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Japan’s life insurance slated for 4.7% CAGR through 2029 5. Asia leads in embedded insurance, set to reach $170b by 2030Resource Center
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Feb
20
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Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024
![Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024]()
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The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
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1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Japan’s life insurance slated for 4.7% CAGR through 2029 5. Asia leads in embedded insurance, set to reach $170b by 2030Awards
Feb
20
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'