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Global specialty insurance market to grow by $57b in 2028
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
India launches pension system for all ages, infancy to 70
NPS Vatsalya allows accounts to be opened for children.
SGX securities trading turnover hits $30.4b, up 75% YoY
The bourse attributed its gains to the easing of monetary policies.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Japan posts highest number of bankruptcies in a decade
Rising costs were the most cited reason.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Over 1 in 10 APAC workers have no retirement plans
Some workers are postponing their retirement
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
India leads APAC IPO activity: GlobalData
India recorded 227 IPO listings, translating to $12.2b.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China VC funding deals dips 12.6% YoY to $23.3b
It only recorded 1,761 VC funding deals.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.
3 in 5 APAC executives say geopolitics dampen sustainability investments
Seven in 10 executives globally also see the importance of climate technology.
APAC companies face slower cash collection
Japanese firms had the lowest days receivable at 42 days.
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