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Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Japan posts highest number of bankruptcies in a decade
Rising costs were the most cited reason.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Over 1 in 10 APAC workers have no retirement plans
Some workers are postponing their retirement
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
India leads APAC IPO activity: GlobalData
India recorded 227 IPO listings, translating to $12.2b.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China VC funding deals dips 12.6% YoY to $23.3b
It only recorded 1,761 VC funding deals.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.
3 in 5 APAC executives say geopolitics dampen sustainability investments
Seven in 10 executives globally also see the importance of climate technology.
APAC companies face slower cash collection
Japanese firms had the lowest days receivable at 42 days.
Over 80% of new renewables in 2023 cheaper than fossil fuel alternatives
Solar PV costs dropped in 2023, becoming 56% cheaper than fossil fuel and nuclear options.
APAC investors to increase bond allocations amidst growing optimism
They plan to allocate 28% to Asia excluding Japan in the next 12 months.
Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud
In contrast, a sizeable portion of the population feels otherwise.
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1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Resource Center
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Feb
20
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Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024
![Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024]()
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The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
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1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Awards
Feb
20
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'