Insurance

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.

APAC insurance risk officers confront these 3 top concerns head-on

Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.

Japan insurance giants to maintain improved financial performance in FY 2024

Thanks to higher domestic interest rates, diversified investments, and ongoing reforms. 

McKinsey highlights critical insurance strategies for 2024

Chief risk officers at a roundtable stressed the importance of capital management.

Cyber insurance costs drop amidst improved cyber hygiene

Global cyber insurance to hit $43b by 2030, Howden projects.

Taiwan's insurance sector posts $5.5b pre-tax profit in May

Its general insurance market surged nearly five times more than last year.

WTW urges APAC banks to consider non-payment insurance

Uncertainties like the Chinese real estate crisis call for effective credit risk management.

F&B industry underinsured against business interruption

29% said they are covered for property damage from extreme weather only.

Malaysia's general insurance to grow at 7.8% CAGR by 2028

The industry could see $5.0b in direct written premiums this year.

Singapore leads in cyber insurance with 96% adoption rate

About 76% of businesses reinforced cyber defences to qualify for insurance.

Japan’s life insurers face moderate credit risk

Thanks to their notable allocation to fixed-income investments.

Why insurers have a $10t role in mobilising the climate transition

Howden and BCG said insurance premiums are projected to rise by 50% by 2030.

Why global cyber insurance market will remain stable in the next 12 months

Geopolitics and AI are ongoing risks that could potentially impact profitability.