Staff Reporter
PwC's Wassim Hassouneh provides insights on unlocking digital potential and overcoming transformation challenges
PwC's Wassim Hassouneh provides insights on unlocking digital potential and overcoming transformation challenges
He discussed how the role of data, effective IT operating models, and clear strategies can help overcome hurdles like legacy systems.
Balancing innovation and security: Madan Mohan offers perspective on securing the Middle East's digital future
As data becomes more critical in the region, organisations must prioritise information security governance with leadership commitment and continuous improvement.
F&B industry underinsured against business interruption
29% said they are covered for property damage from extreme weather only.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Vietnam eyes 6% increase in regional minimum wage
Base pay for any position must not exceed the minimum wage, while allowances and benefits are at the employer's discretion.
Saudamini Dubey of Deloitte urges organisations to adopt a 'learner-for-life' philosophy and embrace a culture of innovation
The Digital Transformation & Innovation Partner for Deloitte Middle East also called for organisations to be champions for a diverse and inclusive workforce amidst unprecedented growth of transformative technologies.
Value offerings essential for Hong Kong's mega-event success
Experts suggest partnering with event providers to create package tours.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Around 1 in 2 Thai consumers likely to switch beauty brands
Gen Zs want brands with positive messages, whilst Gen Xers look for cosmetic products offering skincare benefits.
Personal care spending in Hong Kong to reach $48.2b in 2024
By 2028, it is projected to reach $58.6b.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Why insurers have a $10t role in mobilising the climate transition
Howden and BCG said insurance premiums are projected to rise by 50% by 2030.
Chinese insurers retrieve 18,400 claims for rain damages
Total claimed loss amounted to ~$86.9m.
Why global cyber insurance market will remain stable in the next 12 months
Geopolitics and AI are ongoing risks that could potentially impact profitability.
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
China's insurance assets surge to $32t
The industry represents only 7% of China's total financial assets.
Vietnam and the IMF discuss social insurance expansion
Topics included enhancing pension policies amidst changes to the Law on Social Insurance.
Commentary
Fees friction is testing Asia’s academic ambitions