News
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC was also the second-largest region in terms of economic losses.
Medical plan costs to rise by 11.1%: Aon
APAC is expected to experience the second-largestYoYr increase globally.
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
Energy storage funding up 5% in 2024
This was despite a decline in the number of deals.
APAC consumers embrace cost-conscious spending
They are focusing on products that offer better functionality, quality, convenience, and health benefits.
Retail growth in APAC to continue amidst regional differences
In China, a net negative trend is expected to intensify.
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
Global healthcare education market to hit $280.6b by 2032
One key driver is the integration of virtual learning platforms.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
Solar to account for half of 2025 clean energy investments
It is expected to surpass gas and possibly coal capacity.
Global breast cancer brachytherapy market to be valued at $1.88b by 2035
It is expected to witness a 6.94% CAGR growth during the period.
Gen Alpha set to dominate consumer market by 2040
Although they don't earn money yet, they are already influencing household spending.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Global chronic disease management market to reach $1.1t by 2029
The economic burden of the condition is projected to cost the global economy $47t by 2030.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
Emerging Asia leads as top investment destination of Western FIs
Four of the priority markets are in ASEAN: Malaysia, Singapore, the Philippines, and Indonesia.
What factors drive the global cell and gene therapy tools market?
One drive is the rising prevalence of chronic diseases like cancer and diabetes.
Most Read
1. Probability disclosures unlikely to dent blind-box demand in Singapore 2. HK retail sales up 11.8% as durable goods and jewellery drive growth 3. Affluent women force rethink of legacy planning in Asia-Pacific 4. Japan insurers face decline as premiums fall and growth stalls 5. China smartphone shipments fall 3.3% as Huawei, Apple gainResource Center
Read Here
Advertise
Sign Up
Awards
Sep
17
Event News
Asian Innovation Excellence Awards 2025 Winner: Thomas Janssens of Manulife Japan
Thomas Janssens, Head of AI at Manulife Japan, explains how Manulife Japan reframed longevity as an opportunity for fulfilment.
Commentary
The Iran fuel shock is not just a story about oil, but a story about coordination
Why a clear digital roadmap is essential for business success
Why Asia Pacific businesses must prepare for a new era of geopolitical cyber threats
Resilience amidst oil volatility: Implications for Southeast Asia’s energy security
How innovative eco packaging enhances brand value in Asia
The survival playbook for the CEO amidst geopolitical conflicts