APAC
Insured losses to reach $1.08b in CrowdStrike fallout
Insured losses to reach $1.08b in CrowdStrike fallout
This is equivalent to about a fifth of the total financial loss of $5.4b.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
APAC data centre capacity to double by 2028: Moody’s
Investment is expected to total $564b over the next four years.
PwC Partner: Management must have appropriate risk management policies as business backbone
There have been continued disruptions in several industries brought by technological advancements.
Moody’s advises on cyber policy clarity post-CrowdStrike event
The extent and terms of coverage within individual policies will vary.
CEO on mounting regulatory challenges for APAC insurers
Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.
Smart healthcare market to grow by $115.4b until 2027
Thanks to the industry’s pivot towards IoT use.
Indwelling catheters market to hit $1.9b by 2031
The silicone segment is projected to accelerate market growth within the forecast period.
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
Innovation will thrive if motivated by real desire to create impact for businesses and society – EY’s Steve Lo
The EY Chief Innovation Officer highlighted that technological solutions must be developed with a holistic eye on the value they bring to companies, individuals, and society at large.
How are APAC consumers adjusting spending amidst economic uncertainty?
Many are now opting to save money by trading down.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
Expert debunks misconceptions impacting cyber insurance investment
A Forrester report found that only a quarter of firms possess standalone policies.
APAC consumers embrace probiotic-enhanced foods
It will be driven by R&D advancements and increasing consumer interest in health and wellbeing.
Classic flavours dominate new product launches in packaged foods
Chocolate leads in staying power.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
McKinsey highlights critical insurance strategies for 2024
Chief risk officers at a roundtable stressed the importance of capital management.