News
China's personal insurance sector to grow 5% to 10% annually
China's personal insurance sector to grow 5% to 10% annually
Pension and health products are expected to account for 50% of the market by 2035.
Asia’s finance leaders put transformations on hold due to cost challenges
Cost allocation remains a key focus for finance leaders in 2024.
Nearly 7 in 10 shoppers prefer physical stores this festive season
Still, many will switch between channels to meet their needs.
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
How gen AI can be the packaging and paper industry’s next frontier
Mckinsey & Company has identified building capabilities in six areas.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
Japan’s life insurance slated for 4.7% CAGR through 2029
The industry is forecasted to expand by 6.8% in 2024.
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.
CleanTech startups attract investors amidst regulatory, funding challenges
Capital and business model hurdles persist.
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%.
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