Staff Reporter
Taiwan insurers' earnings quadruple to NT$229.7b in June
Taiwan insurers' earnings quadruple to NT$229.7b in June
Both life and non-life industries saw triple-digit growth.
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.
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