Insurance
APAC reinsurance market sees stable pricing in 2024
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
India launches pension system for all ages, infancy to 70
NPS Vatsalya allows accounts to be opened for children.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
Malaysia warns of downside risks for insurers from market volatility
Overall profitability of ITO funds increased in the first half of 2024.
Car insurance premiums rise 16% in Australia
The average car insurance premium across the country is now $1,717.
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud
In contrast, a sizeable portion of the population feels otherwise.
Asia Pacific to lead blockchain in insurance by 2031
Globally, the market could reach $32.9b.
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Awards
Feb
20
Event News
The food and grocery delivery company was honoured for its benefit programmes and working policies that support a diverse, equitable, and inclusive (DE&I) culture and work environment.
