Staff Reporter

How stable is Hong Kong’s insurance market?

Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024. 

Malaysia sees stable non-life growth amidst premium rise

Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.

Renewables to account for 73.3% of Aussie power generation by 2035

However, challenges may delay its 82% RE target by 2030.

Indonesia’s renewable energy capacity to reach 38.1 GW in 2035

Solar and onshore wind will lead the clean power capacity expansion.

Over 70% of companies utilise AI to derisk wind projects

The majority of executives surveyed plan to increase their investment.

What type of insurance coverage do Indians prefer now?

Women are increasingly choosing Critical Illness (CI) riders.

Solar projects in India climbs 53.7% in 9M: Mercom

The country’s cumulative solar capacity stood at 125.5GW as of September.

Why Japan’s insurers brace for heavy payouts in projected quake scenarios

Nankai Trough earthquake has a 60% to 90% probability of occurring.

Global renewable energy investment breach $800b in 2024

However, the growth of clean power slowed by 7.3% last year.

Why Taiwan’s non-life insurance sector maintains steady growth

AM Best says the non-life sector is supported by stable underwriting performance.

Pumped hydro key in PH’s clean energy shift

This technology offers long-duration storage for the country.

Singapore insurers face rising claims with medical costs set to climb

57% of insurers expect further increases in medical cost over the next three years.

HK top priority for Italian companies' Asia expansion: survey

93% believe Hong Kong can effectively support their future Asia expansion plans.

Western Union and TenPay Global launch co-branded store in Singapore

The two are partnering to bring an omni-channel remittance experience.

Empower transformative advisory practices with QuickBooks Advanced

Experts discussed how advanced accounting tools enable firms to scale operations, enhance advisory services, and embrace technology.

APAC leads global retail growth with 5% real spending rise

APAC is the most balanced omnichannel region globally, with store-based retail sales projected to grow 20.4%.