APAC

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.

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.

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.