APAC

Digital transformation is crucial to address these challenges through digital distribution, microinsurance, big data, AI, telematics, and modern IT systems.

Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.

The platform has already been successfully integrated into the mobile applications of leading financial institutions and has shown a robust growth of 300% in transactions over the past year. 

The capacity expansion of its data centres have brought important benefits to customers, businesses, and industries.

The region’s deal volumes also fell by 20.7% YoY.

However, Aon predicts more pricing competition in 2025 for insurers.

The solutions in Keppel’s PAC building herald the future of smart and sustainable urban spaces.

Winning companies were honoured at the Awards Ceremony in Bangkok, Thailand on 5 September 2024.

The five-year average annual loss is at $106b.

Countries must attract investments to advance their clean energy goals.

APAC insurers allocate an average of 6.4% of their portfolios to illiquid credit.

Despite major markets like China and Japan, per capita spending remains modest.

Several insurance companies now offer multi-pet insurance policies.

This is driven by advancements in jewellery design and technology.

Concerns about global supply chain issues drive a shift toward regionalisation and sustainability in manufacturing decisions.

Insurers are refining their policies after the global tech outage to better manage risks.