APAC

RenaissanceRe reports $2.5b 2023 net income

Its underwriting income stands at $1.6b.

RenaissanceRe reports $2.5b 2023 net income

Its underwriting income stands at $1.6b.

Only 5% of real estate investors confident about having proper insurance

According to a WTW report, 64% of real estate managers struggle to secure suitable insurance in hardening market.

Leonteq extends digital offerings to insurers

The platform allows real-time monitoring.

What are the five most pressing risks in Asia this 2024?

FM Global spell out ways businesses can build resilience in the anticipated risks of 2024.

Chubb's 2023 profits soar 72.1% YoY

Life Insurance net premiums written increased by 51.5% to $5.47b,

AI deepfakes emerge as new threat in insurance fraud, warns Kennedys report

Geopolitical risks due to deglobalisation, driven by a fragile geopolitical landscape also pose as a threat for the industry.

HDI Global deploys generative AI for legal, content, and claims analysis

The AI solution is aimed at supporting the company’s staff for process augmentation.

Marsh McLennan’s 2023 revenue climbs 10%

Risk, insurance and consulting services contributed to the YoY performance.

Gallagher's revenue surges 20% in Q4’23

A total of 50 acquisitions happened for the year, higher than the 36 in 2022.

Int’l association establishes roadmap, prioritises ICS

The roadmap pans out five high-level goals with key projects and objectives.

Howden Asia reels in new chief client officer

Mike Baker will collaborate with Howden’s multinational client practice.

Prudential appoints new non-executive director and announces committee changes

Mark Saunders will become a non-executive director whilst Jeanette Wong will take over chair of the audit committee from David Law.

Sun Life expands private health services to HNW market

High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.

Only six out of 10 companies believe employees are fit to use modern tech

Insurance companies said using multiple systems includes high costs, inefficiency, and time and resource consumption. 

Businesses face six interconnected risks this 2024 – J.S. Held

Businesses should be on the lookout for the effects of geopolitical shifts, economic challenges, and natural disasters.

Celebrate your award-winning insurance initiatives at the Insurance Asia Awards 2024

Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!

Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.