APAC
Why are APAC retirees struggling with unexpected costs?
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.
APAC companies face slower cash collection
Japanese firms had the lowest days receivable at 42 days.
Over 80% of new renewables in 2023 cheaper than fossil fuel alternatives
Solar PV costs dropped in 2023, becoming 56% cheaper than fossil fuel and nuclear options.
APAC investors to increase bond allocations amidst growing optimism
They plan to allocate 28% to Asia excluding Japan in the next 12 months.
9 in 10 APAC firms implement whistleblowing policies
Top benefits include early fraud detection and prevention at 35%.
AI agents combat the lack of skilled workers to improve AI models
These agents are formed by embedding AI with pre-built use cases into enterprise applications.
Tata Communications empowers client with revenue increase, faster time-to-market through purpose-built cloud services
Tata CliQ has enhanced productivity and efficiency, and delivered a seamless user experience through the cloud services provided.
Asia Pacific to lead blockchain in insurance by 2031
Globally, the market could reach $32.9b.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
Multi-cloud shift drives demand for AI-driven data integration
Providers are responding with collaboration, led by Oracle.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
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China Technology Excellence Awards 2024 Winner: Keppel Real Estate (China) Limited
Leading with sustainability, Keppel Real Estate (China) paves the way for future developments.
