APAC
Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re
Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth
Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re
Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth
HDI Global SE’s insurance revenue soars 10% YoY in FY'23
Its Singapore business expanded its product offering through political and credit risk market entry.
Allianz Trade names new regional head of e-commerce in APAC
James Lie first joined Allianz Trade as country manager for Indonesia in 2018.
MSIG Asia’s CEO shares approach to risk management evolution
CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.
Pet insurance market to surge 31% in CAGR by 2027
The dog segment is anticipated to witness significant growth.
Tokio Marine beefs up APAC property underwriter team
Jonathan Grossman and Si Min Lim have been chosen in their new roles.
Zurich integrates Blink Parametric in flight-delay solutions
Blink Parametric provides real-time assistance during flight disruptions.
Zurich foreshadows SME sector as a growth potential for embedded insurance
Zurich’s Roopa Malhotra champions embedded insurance, emphasising its contextual nature as a catalyst for customer awareness and adoption.
Directors identify health and safety as emerging top risks: Survey
Climate change remains high on the risk agenda in certain regions, such as Asia.
Lloyd’s, UNCDF champion parametric insurance for climate-vulnerable regions
The partnership plans to replicate the model in other regions, including Asia.
Generali achieves a 5.6% growth in gross written premium for FY2023
The company’s operating result also grew 7.9%.
Gallagher Re reels new head of cyber for APAC
Sie Liang Lau holds more than two decades of experience in the industry.
AIA achieves five-pillar ESG strategy in 2023
The company was able to invest in ESG bonds, worth $6.3b.
FWD Group sees 22% YoY surge in new business value for 2023
Operating profit surged 27% YoY to $372m.
Swiss Re board proposes 6% dividend increase
Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.
AIA records double-digit profit growth in 2023
Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.
S'poreans find wealth does not equate to financial resilience: Survey
Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
