News

Global reinsurers must have a watchful eye: AM Best

Reinsurers must navigate a high inflationary environment.

Global reinsurers must have a watchful eye: AM Best

Reinsurers must navigate a high inflationary environment.

Global insurtech investments impress Q3 expectations: Gallagher Re

P&C insurtech investment mainly pushed the quarter’s growth.

APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey

The region’s 2023 prediction is smaller than the global average of 10.7%

China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura

The agreement aims to adhere strictly to regulatory requirements.

Singapore FinTech Festival 2023 draws record 66,000 participants

Participants came from over 150 countries and regions, from just 115 in 2022.

Drones, IoT among top technologies reshaping the logistics industry

Supply chain players are now using drones beyond last mile deliveries

ASEAN has over 99% untapped wind, solar potential

The region has 30,523 GW solar potential and 1,383 GW projected wind capacity.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

Only six out of 10 said they are ready to handle business risks: Aon survey

About three of 10 persons have been affected by last year’s top business risks.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.

Hourly Breaks for heavy outdoor work introduced in Singapore

Workers with heavy physical activities are now mandated to have a 10-minute break under shade every hour as announced by Singapore’s Ministry of Manpower (MOM).

Electric Vehicles see increased demand in Asia amidst climate goals

Net-zero targets of Asian countries by 2050 to 2070 push the demand for EVs.

What sustainability trends will define the grocery market in South Korea?

Suppliers have started to adjust to the demands for sustainability.

Cyber insurance not ideal for small businesses

Getting cyber insurance is more beneficial to larger companies than smaller ones.

Global M&A claims surge despite smaller deal volume: Report

In 2022, the largest claims still originate from accounting and financial issues.

Time on shopping apps to reach 26.6 billion hours due to holidays

Data.ai’s figures also showed that this is a 6% increase compared to the past quarter.

Tech giants face major regulatory challenges, warns GlobalData

Key areas of scrutiny include data privacy, antitrust, AI ethics, and online harm, particularly in Asia.