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%.
Commentary
Fees friction is testing Asia’s academic ambitions