News
How luxury brands are embracing AI to enhance customer experiences
How luxury brands are embracing AI to enhance customer experiences
The luxury sector has invested over $360m in AI in the past three years.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
How wellness trends boosted demand for women’s sportswear and femtech innovations
Consumers are actively seeking brands and products that enhance both their physical and mental wellbeing.
Here are top trends shaping Asia's beauty and personal care market
Consumers are increasingly prioritising value in their beauty and personal care purchases.
Startups advised to avoid negative blitzscaling
Solid foundations are essential for sustainable growth in tech startups.
F&B industry underinsured against business interruption
29% said they are covered for property damage from extreme weather only.
Vietnam eyes 6% increase in regional minimum wage
Base pay for any position must not exceed the minimum wage, while allowances and benefits are at the employer's discretion.
Around 1 in 2 Thai consumers likely to switch beauty brands
Gen Zs want brands with positive messages, whilst Gen Xers look for cosmetic products offering skincare benefits.
Personal care spending in Hong Kong to reach $48.2b in 2024
By 2028, it is projected to reach $58.6b.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
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.
Chinese insurers retrieve 18,400 claims for rain damages
Total claimed loss amounted to ~$86.9m.
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.
Commentary
Fees friction is testing Asia’s academic ambitions