Staff Reporter

Deloitte Partner: Customer-centric engagement must shape digital transformation agenda

Peng mentioned that businesses need to ensure that their digital efforts are at pace to customers’ needs.

Embedded value of Asia's life insurers grows 7.2% in 2023

Japan and Taiwan post strong gains in insurer-embedded value.

9 in 10 CEOs embrace hybrid working: survey

Almost 8 in 10 noted improved employee engagement thanks to hybrid working.

Insured losses to reach $1.08b in CrowdStrike fallout

This is equivalent to about a fifth of the total financial loss of $5.4b.

Asian insurance rates suffer in Q2 amidst rising competition

All lines of business witnessed declines during the period.

APAC data centre capacity to double by 2028: Moody’s

Investment is expected to total $564b over the next four years.

PwC Partner: Management must have appropriate risk management policies as business backbone

There have been continued disruptions in several industries brought by technological advancements.

Moody’s advises on cyber policy clarity post-CrowdStrike event

The extent and terms of coverage within individual policies will vary.

Smart healthcare market to grow by $115.4b until 2027

Thanks to the industry’s pivot towards IoT use.

Indwelling catheters market to hit $1.9b by 2031

The silicone segment is projected to accelerate market growth within the forecast period.

TENTEN Partners Expands Global Footprint with New Dubai Office

The Singapore-based firm taps into Middle East's dynamic business landscape

Advanced markets to drive half of new insurance premiums by 2034

Advanced APAC is expected to see strong growth in the life sector.

India considers major reforms to 1938 Insurance Act

The bill amendments could potentially let insurers enter the banking industry.

Innovation will thrive if motivated by real desire to create impact for businesses and society – EY’s Steve Lo

The EY Chief Innovation Officer highlighted that technological solutions must be developed with a holistic eye on the value they bring to companies, individuals, and society at large.

India’s life insurance industry sees 20.2% YoY APE growth in June

CareEdge foresees medium-term outlook to remain positive.

China absorbs $13b loss in natural disasters in H1 2024

The government has allocated $570m for disaster management this year.