News

Why insurers have a $10t role in mobilising the climate transition

Howden and BCG said insurance premiums are projected to rise by 50% by 2030.

Why global cyber insurance market will remain stable in the next 12 months

Geopolitics and AI are ongoing risks that could potentially impact profitability.

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.

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.

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.

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.