News
Pet insurance market set to reach $40.2b by 2033
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
International trade growth fuels arbitration preference
Arbitration’s fast speed and cost-effectiveness make it a preferred choice for resolving disputes.
Usage-based insurance to propel with a CAGR of 27.6% by 2030
The market is projected to reach $64.29b
India’s non-life sector could see 15% growth in the medium-term
This would be driven by India’s GDP and disposable income levels.
Singapore draws New Zealand startups with fintech boom
Common goals and strategic location drive NZ expansion into Singapore.
Payment cards lead online purchases in Taiwan
About 94% of Taiwanese consumers engaged in online shopping over the past six months.
7 in 10 educators favour personal mobile data over public networks
70% of respondents remain wary of unknown links and attachments.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
Generali China deal tops Q1’24 APAC transactions
Generali agreed to buy a 51% stake in Generali China Insurance.
52% of India’s health insurance policyholders indicate a premium increase
The industry’s premiums are expected to rise 10% to 15%.
More VCs, talent development to support Cambodia's startup ecosystem
Key areas for improvement include higher funding.
Malaysian retail sector sees 173% surge in hiring activity
It was mainly attributed to the industry's adoption of sustainable practices and the booming e-commerce market.
Global M&A rebounds, APAC outshines peers
WTW said this trend was mainly seen in the W&I insurance market.
China's long-term care insurance sees regulation overhaul
Since its launch, the scheme has covered 180 million people.
Hybrid stores reshape airport retail landscape
About 76% of the airports surveyed view hybrid concepts as a long-term trend.
Why are intangible assets more valuable but less insured?
Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.
What fuels China's digital economy surge
Rising incomes have led to higher consumer demand for seamless shopping experiences.
Commentary
Turning the tide on friendly fraud as Asia’s payments surge