APAC

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward. 

A significant decline in basket sizes were seen in Malaysia and India.

They have concerns about ethical practices such as plagiarism and data protection.

Last year was profitable for reinsurers with returns almost reaching 20%.

China has the most consistent performance in terms of nuclear capacity.

The renewal season reflects significant changes in market conditions compared to the previous year. 

Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.

The EY Managing Partner shared key drivers for successful digital transformation, emphasising leadership, clear strategy, cultural change, employee engagement, and communication.

Dive into the heart of Asia's bustling business landscape with Audit Partner Murali Samy as he shares his insights on the challenges and opportunities that define this dynamic economic hub.

Lloydon who is a Director at the Risk Advisory practice in the Malaysia firm shares insights into the challenges and opportunities of adopting technology for excellence, emphasising the crucial role of effective governance in ensuring scalable and responsible use of AI.

Victor advocated for embracing AI whilst preserving the irreplaceable human touch, offering his perspective on the role of technology in sustaining organisational relevance.

This trend, however, is not observed in Malaysia and Thailand.

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

The future belongs to firms who seize the potential of transformative technologies to shape the next generation of financial services.

Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.

It can help in content creation and other low-impact tasks.