APAC
Vietjet brings home win at Asian Experience Awards 2024
Vietjet brings home win at Asian Experience Awards 2024
It has developed a groundbreaking marketing strategy that is centred around the deployment of a customer data platform.
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Half of CEOs globally prioritise new business ventures
60% are eager to pursue generative artificial intelligence-enabled ventures.
APAC automotive aftermarket wear and tear market to grow 3.7% through 2028
Factors like accident rates and driving patterns will drive growth.
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
Asia struggles with G20 payment targets
The ultimate goal is for cross-border payments to achieve “the speed of the internet.”
What is the potential impact of Trump 2.0?
Singapore faces the steepest challenges due to its highly open economy.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
APAC consumers anxious about future despite AI optimism
Across the region, 68% view AI as having a positive impact on the world.
4 key factors driving innovation in the spirits industry
Millennials and Gen Z are increasingly driving spirits sales.
From paper to pixels: Pioneering land records management through digitization
PARCO has transformed critical, fragile documents into cutting-edge digital repositories.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
Global Reinsurers’ ROE surpasses cost of equity in 2023
ROE of reinsurers reached 22% last year.
4 key trends that will shape food and drink industry by 2025
It will be defined by nutrition, mental health, supply chain adaptation, and tech integration.
Asia Pacific’s retail sales to grow 24% by 2028
The Shopper Reinvented megatrend will increase at a CAGR of 11%.
Generative AI slashes P&C claim times by 50% – Bain & Co.
It could also decrease loss-adjusting costs by 20% to 25%.
Commentary
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