News
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
Innovative partnerships propel FWD’s health insurance growth in APAC
FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.
China's insurance assets surge to $32t
The industry represents only 7% of China's total financial assets.
Vietnam and the IMF discuss social insurance expansion
Topics included enhancing pension policies amidst changes to the Law on Social Insurance.
APAC to lead global EV insurance market in the next five years
The global EV insurance market is seen to skyrocket by 40.3% in CAGR.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
India’s non-life sector bags double-digit growth
It saw its premiums surge 14.9% in May.
8 in 10 Filipinos seek more insurance amidst rising costs
Out-of-pocket health expenses reached $9b in 2022.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
SMBC closes $200m syndicated loan for India’s HUDCO
HUDCO will use the funds to expand its social housing platform.
Japan insurers benefit from lower COVID-19 costs
Both the life and non-life industries saw a surge in their end-March net income.
State firms dominate Southeast Asia’s pumped hydro development
Indonesia’s Perusahaan Listrik Negara is the region’s top developer.
Southeast Asia’s pumped hydro capacity to reach 18 GW by 2033
The sector’s investment will reach between $12b to $70b.
Australian insurers remain resilient despite lower premium hikes: S&P
79% of rated Australian insurers have stable rating outlooks.
Non-alcoholic drinks market to reach $2.9t by 2035
It will be driven by health and wellness trends.
APAC leads Q1 global development site investments
Four countries from Asia Pacific ranked among the top five global development site investments.
Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'