Olivia Tirona

APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey

The region’s 2023 prediction is smaller than the global average of 10.7%

China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura

The agreement aims to adhere strictly to regulatory requirements.

Only six out of 10 said they are ready to handle business risks: Aon survey

About three of 10 persons have been affected by last year’s top business risks.

APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re

The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.

Global M&A claims surge despite smaller deal volume: Report

In 2022, the largest claims still originate from accounting and financial issues.

Aviation industry could reduce 80% carbon emissions if supply met demand

Boeing SE Asia president’s green projection is coupled with hopes to expand its sustainability R&D in Singapore.

APAC’s liability insurance sector to exceed $61b by 2027: GlobalData

Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.

Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra

Diversified large NBFCs might turn to public debentures.

Nature’s wrath pushes insurers to reshape risk adaptability

Experts shared the reality of cost-efficiency whilst minimising the protection gap.

Tempered adoption of AI tools may spell greater leap for fintech firms

Expert underscores generative AI’s strength in streamlining front-of-office work, but banks on human expertise for in-depth development.

SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

Int’l businesses target ASEAN for supply-chain connectivity versus consumer market

Growth in sales for the region is expected to climb 23.2% in the next 12 months.

Hong Kong’s business scholars target top finance employers for work-life balance

Educators at business schools confirm that students’ career priorities have shifted.

Top 20 APAC insurers average 8.2% in premium growth – GlobalData

Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.