APAC

APAC reinsurance market sees stable pricing in 2024

APAC reinsurance market sees stable pricing in 2024

Although, extreme weather and NatCats could disrupt current pricing stability.

Capacity and rate challenges continue to affect Asia air freight

In China, air freight cargo volumes have softened.

Only 28% of APAC insurers prepared for AI shift

Half of insurers attribute poor customer experience to limited technology adoption. 

APAC insurers trim equity risks, increase capital efficiency: Moody's

APAC P&C insurers face different risks compared to their US counterparts. 

APAC’s EV infrastructure market to grow at 13.5% by 2029

Challenges include distribution and overabundance of chargers.

Redefining the future of manufacturing: The transformative power of edge computing

Edge computing is transforming the manufacturing industry by enabling real-time data processing and decision-making at the edge of the network.

Global specialty insurance market to grow by $57b in 2028

Lack of robust IT security infrastructure heightens risks.

Will low premiums persist in offshore energy insurance?

Neither frequency nor severity of claims significantly impacted market capacity.

Insurance scrutiny intensifies on coal, wildfire risks

However, power Industry business interruption sectors see improved pricing.

TCL Electronics wins prestigious Middle East International Business Award 2024 for revolutionary 115” X955 Max TV

TCL’s groundbreaking TV offering features advanced QD-Mini LED technology, 4K resolution, and an astonishing peak brightness of 5,000 nits

Hang Seng Bank Limited takes home Hong Kong Partner Experience of the Year - Banking at Asian Experience Awards 2024

The Bank bagged the honour for its innovation ecosystem which includes partnerships with policymakers, innovation promotors, innovation companies, SMEs, investors, and academia. 

ONE Krungthai from Krungthai Bank wins Asian Experience Awards 2024 for employee mobile app

The enhancements made within the app have enhanced employees’ work life.

Suzlon Energy Australia enhances its service experience by locally refurbishing critical components

It has reduced its dependence on overseas suppliers amidst lessons learned from the pandemic.

Asian Experience Awards 2024 celebrates excellence in brand experiences

Winning companies were honoured at the Awards Ceremony in Singapore on 3 October 2024.

Western Digital KL Center of Excellence honoured at Asian Experience Awards 2024

Its GTR solution streamlines performance testing, cuts report generation time, enhances efficiency, and reduces costs.

Over 1 in 10 APAC workers have no retirement plans

Some workers are postponing their retirement