APAC

From paper to pixels: Pioneering land records management through digitization

PARCO has transformed critical, fragile documents into cutting-edge digital repositories.

Asia’s commercial insurance rates dip 4% in Q3 2024

Global commercial insurance rates fell by 1% in Q3 2024.

Over half of insurers penalised for errors

58% of respondents said it takes over five months to implement a rule change.

4 key trends that will shape food and drink industry by 2025

It will be defined by nutrition, mental health, supply chain adaptation, and tech integration.

Asia Pacific’s retail sales to grow 24% by 2028

The Shopper Reinvented megatrend will increase at a CAGR of 11%. 

Generative AI slashes P&C claim times by 50% – Bain & Co.

It could also decrease loss-adjusting costs by 20% to 25%.

Spotlight your broadcasting excellence at Asia-Pacific Broadcasting+ Awards 2025

The awards programme recognises innovative initiatives in the broadcasting industry across Asia-Pacific.

Future-proofing employees is important to support the organisation’s growth - EY’s Jason Seng

He highlights how HR leaders can drive engagement, foster innovation, and future-proof their workforce in a rapidly changing business environment.

Property insurance industry to exceed $152b by 2028

China is forecast to lead with 36% in terms of written premiums.

1 in 2 APAC customers will not buy from a brand they do not trust

Trust in brands is eroding as a result of deepfakes, fuelling scam fears.

APAC companies gain $550b market capitalisation in Q3

This was driven by China’s fiscal stimulus.

Surge in demand for clean label products drives innovation in APAC

This extends beyond food and beverages to personal care and household products. 

2024 insured losses exceed decade average at $108b

Total economic losses for the first three quarters reached ~$280b.

APAC’s real estate cross-border investment reaches $47.6b

Data centres dominated the market, capturing 46% of investments.