News
Global online jewellery market to increase by $58.4b by 2028
Global online jewellery market to increase by $58.4b by 2028
																					
							This is driven by advancements in jewellery design and technology.
						
					
					
				Philippine’s life sector net income jumps 22% in H1 2024
																					
							Total assets also increased by 6.86% YoY.
						
					
					
				Thailand's life insurance industry slated for CAGR of 4.4% by 2028
																					
							In 2023 the sector grew by 3.7%.
						
					
					
				Walmart sells $3.7b stake in JD.com to focus on China ops
																					
							Walmart said it is shifting its focus to its own operations in China.
						
					
					
				Southeast Asia’s insurtech sector hits $2.4b in 2023
																					
							It was mainly driven by Singlife’s merger with Aviva Singapore.
						
					
					
				India’s general insurance sector slated to expand 11.2% in 2024
																					
							Motor insurance is anticipated to account for 31.1% of GWP.
						
					
					
				Insurers warn of risks amidst EV and autonomous vehicle growth
																					
							Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
						
					
					
				China’s robotic surgical systems market to reach $250m by 2033
																					
							The country accounted for approximately 30% of APAC’s market share in 2023.
						
					
					
				Nearly half of Hong Kong workers report mental strain, desire to leave
																					
							41% are planning to work from home to avoid workplace interactions.
						
					
					
				SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
																					
							Employment in the market was stable, a slight decrease of 0.5% versus last year.
						
					
					
				Japanese insurers tighten underwriting amidst Q2 market challenges
																					
							This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
						
					
					
				AI drives transformation in compliance and risk management
																					
							AI adoption enhances productivity but faces knowledge barriers.
						
					
					
				APAC to record fastest growth for value-based healthcare services
																					
							Meanwhile, the global market is projected to reach $4.13t by 2033.
						
					
					
				Japan’s big-four insurers to raise fire insurance premiums 15%
																					
							The decision comes in the wake of failing profitability in the fire insurance market.
						
					
					
				Geopolitical tensions push APAC firms to rebalance portfolios
																					
							It is needed to navigate a complex business environment.
						
					
					
				Sarcoma therapeutics market to grow by $1.11b by 2028
																					
							The prevalence of patient assistance programmes is driving market growth.
						
					
					
				APAC to account for 15% of global healthcare GenAI spending by 2027
																					
							Over half of healthcare organizations plan budgets for GenAI technology.