APAC
Turning the tide on friendly fraud as Asia’s payments surge
Ultimately, the issue at stake is not just about reducing losses - it is about sustaining the trust that fuels e-commerce.
Exceptional innovations lauded at inaugural Asian Innovation Excellence Awards 2025
The awards programme commended the top innovators driving transformative change across the region.
How insurance markets are rewarding buyers with lower global rates
But Aon warns that volatility in property, cyber, and casualty lines remains a concern.
Power demand surge makes 2050 net-zero goals unattainable
Energy investment must grow to 3.35% within the next decade to attain the goal by 2060.
CLA Global TS’s Henry Tan underscores innovation as a key driver of meaningful change
He emphasised that innovation must be at the heart of every strategy to meet growing demands and serve clients effectively.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
APAC nuclear imaging agents market to hit $1.1b by 2034
China made up over half of the region’s market in 2024.
Why 1 in 5 think AI will replace human insurance agents
Over half were comfortable using AI with a human option available.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
What slows ammonia adoption as marine fuel?
The additional cost remains viable, assuming favourable market conditions are in place.
Off-grid energy storage market to hit $18.31b by 2029
The highest growth is expected in APAC.
Asia-Pacific disability insurance market to grow 13.5% yearly
It will likely be driven by rising awareness of income protection products.
Peaking power plants market to hit $153.46b in 2029
Thanks to increasing electricity demand, decentralisation, and microgrid development.
Electric power generation, transmission and distribution market to top $6.6t
RE transition and decentralisation are some of the factors that will support this.
Tidal energy market to reach $3.02b by 2029
This will be fuelled by rising costs of conventional energy sources, amongst others.
Life insurers shift focus to wealth and care to support longer retirements: Swiss Re
Senior-targeted cancer coverage is bundled with health or annuity plans.
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Awards
Feb
24
Event News
Malaysia National Business Awards and Malaysia Technology Excellence Awards 2025 Winner: Abid Adam and Suresh Srinivasan of Axiata Group Berhad
Abid Adam of Axiata Group Berhad underscores how Axiata upholds global standards, earning recognition for its achievements.
Commentary
APAC’s hidden CX crisis on the frontline