APAC

Aviation insurance to soar at a 20-year high in 2024

Collision and crash incidents account for 63% of claims in aviation insurance sector.

KPMG in Singapore’s Guillaume Sachet on striking a balance between AI adoption in customer experience and the need for the ‘human touch’

He discusses evolving customer experience trends, and how AI and KPMG’s Six Pillars of Customer Experience Excellence can be leveraged to achieve meaningful impact

How secure are systems now in the insurance industry?

Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

Increased liquidity drives growth in APAC secondary market

BMS Asia experts explain why M&A insurance is critical in facilitating secondary deals.

Deloitte Partner: Customer-centric engagement must shape digital transformation agenda

Peng mentioned that businesses need to ensure that their digital efforts are at pace to customers’ needs.

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.

APAC data centre capacity to double by 2028: Moody’s

Investment is expected to total $564b over the next four years.

PwC Partner: Management must have appropriate risk management policies as business backbone

There have been continued disruptions in several industries brought by technological advancements.

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.

Smart healthcare market to grow by $115.4b until 2027

Thanks to the industry’s pivot towards IoT use.

Indwelling catheters market to hit $1.9b by 2031

The silicone segment is projected to accelerate market growth within the forecast period.