Staff Reporter
Asia-Pacific leads universal life market with 29.7% CAGR
Asia-Pacific leads universal life market with 29.7% CAGR
Globally, it is seen to reach $280b by 2032.
Korea’s new capital rules reduce insurers' capital burden
Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.
Global renewables surge to record 4,448 GW
However, progress remains short of the 2030 tripling goal.
Global coal power growth hits 20-year low in 2024
Worldwide coal fleet saw a marginal increase of less than 1% last year.
Digital platforms to enhance predictive modelling, personalised care
One key driver includes patient data integration into mobile health platforms.
Insurers may cover only 25% to 33% of disaster damages by 2030
Insurers also expect to gain up to 15% revenue rise from AI and tech boost.
Three in four workers value job training and development
Nearly a quarter have left their jobs due to the lack of such opportunities.
Sarawak Shell Berhad takes home two wins at Malaysia Technology Excellence Awards 2025
Its projects exemplify innovation, effectiveness, and dynamism, making a significant impact on the industry.
Medical device firms eye sustainability amidst regulatory changes
Regulatory shifts may lead to temporary device shortages in the short term.
Global offshore wind to rebound in 2025
Thanks to a record wave of lease auctions.
BFSI sector leads cyber insurance adoption at 35% to 40% share
This was followed by the technology and IT sector at 30%.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
RHB Bank Berhad bags accolade at Malaysia Technology Excellence Awards 2025
The banking company was recognised for transforming operations with its Robotics Process Automation (RPA).
Medical alert systems market to double by 2032
Thanks to product performance innovations and AI integration.
Japan’s 10-year fund to boost pharmaceutical landscape
The country’s ageing population is driving demand for innovative treatments.
Japan’s medical device market to be valued at $42.9b by 2029
It is projected to surpass Germany to become the third-largest market globally.
InterContinental Bali Resort unveils official website for Jimbaran Convention Center
To celebrate this milestone, a special offer will be launched exclusively for event organizers and PCOs.
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