News
Japan’s interest rate rise offers lessons for China’s insurers
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.
India’s non-life sector bags double-digit growth
It saw its premiums surge 14.9% in May.
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.
Australian insurers remain resilient despite lower premium hikes: S&P
79% of rated Australian insurers have stable rating outlooks.
Non-alcoholic drinks market to reach $2.9t by 2035
It will be driven by health and wellness trends.
APAC leads Q1 global development site investments
Four countries from Asia Pacific ranked among the top five global development site investments.
Hydration products gain traction in APAC
It was driven by increased awareness of health concerns like global warming and modern lifestyles.
Intense heat wave slows down India's manufacturing growth in May
Lower work hours affected production volumes.
Thailand's e-commerce market to grow 13.7% in 2024
It is expected to reach $66.7b in 2024.
Korean insurers dominate overseas investment in real estate
Investments mounted to KRW $42.1b.
SMRs poised to transform global nuclear capacity expansion
The sector holds less than 4% of all nuclear projects under planning or construction.
China’s LNG regasification segment dominates midstream projects
The 341 billion cubic feet Zhoushan III project will start operations in 2026.
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