APAC
Commitment issues rise amidst climate risks dampen insurance reliability
Typhoon Koinu alone in 2023 led to over $500m in insurance claims.
Commitment issues rise amidst climate risks dampen insurance reliability
Typhoon Koinu alone in 2023 led to over $500m in insurance claims.
QBE underwriting reforms show promise: S&P Global
QBE to maintain capital redundancy at or above the 99.95% stress level.
Howden Re appoints new client strategy chariman
David Hearn has over 42 years of experience in the industry.
MSIG to stay afloat in the next 2 years: S&P
MSIG HK is unlikely to be sold despite its small capital and earnings contributions.
HDI Global's Q1 net income rises to $112m
Thanks to inflation-related price changes and new business in property.
Howden inaugurates SME cyber insurance platform
Only one in 10 SMEs invest in cyber insurance.
Global R&W insurance claims rise despite M&A slowdown
The competitive landscape in 2023 favoured insured parties more.
Kairos appoints tech veteran Siregar as new CTO
Andre Siregar will work hand-in-hand with Albert Lim and Stephen Lee.
Savings products to drive global premiyums to $4t by 2034
Swiss Re Insitute says this is all thanks to escalating interest rates.
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.
QBE Asia stresses stronger insurer ties for marine sector
China, Japan, and SG comprised 70% of the GVA in the region’s marine sector.
Marsh cites three major shortcomings in current insurance strategies
The firm calls for proactive steps toward partnership.
What risks do select APAC markets fear most this year?
Global Insurance Law Connect unveiled four common risks the world is facing.
Global insurance market to see fastest growth in 18 years
The industry bagged $1.2t in premium income in the past three years.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
6 in 10 APAC firms fear political risk this year
However, this consensus was smaller than the previous year’s 67%.
Canopius names new group chairman
Watson will step down whilst Haste will start his role in July.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
