News

114 million Indonesians insured in H1 2024, up 28.4%

Bancassurance generated the highest premium income at $2.33b.
2 days ago

114 million Indonesians insured in H1 2024, up 28.4%

Bancassurance generated the highest premium income at $2.33b.
2 days ago

How gen AI can be the packaging and paper industry’s next frontier

Mckinsey & Company has identified building capabilities in six areas.
3 days ago

Only 20% of insurers assess tech risks fully

50% of CROs are already using early-warning KPIs to monitor risks.
4 days ago

Taiwan's general insurance to grow 6.8% annually to 2028

The industry is forecast to grow by 9% in 2024.
4 days ago

Asia leads in embedded insurance, set to reach $170b by 2030

70% of global losses between 2016 and 2023 from natural disasters are uninsured.
4 days ago

Japan’s general insurance sector slated for$94b by 2028

The industry is seen to grow 1.7% in 2024.
4 days ago

Japan’s life insurance slated for 4.7% CAGR through 2029

The industry is forecasted to expand by 6.8% in 2024.
5 days ago

India's life insurance growth slows to 10.6% in October

The industry is expected to grow by 1% to 13% over the next three to five years.
5 days ago

Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September

Both life and non-life sectors recorded double-digit growth.

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%.

S. Korea leads mobile game scores in East Asia as 5G improves gaming experience

The country led the Game Score with 90.06 out of 100 during H1 2024.

Finance trails in active gen AI adoption despite broad corporate uptake: report

The report cited issues over data accuracy, security risks, and use-case selections.

What is the potential impact of Trump 2.0?

Singapore faces the steepest challenges due to its highly open economy.