Insurance

Aviation insurance to soar at a 20-year high in 2024

Collision and crash incidents account for 63% of claims in aviation insurance sector.

Why health insurance is crucial for HR leaders

About nine in 10 employers prioritise health benefits in employee value proposition.

Taiwan insurers' earnings quadruple to NT$229.7b in June

Both life and non-life industries saw triple-digit growth.

How secure are systems now in the insurance industry?

Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

Increased liquidity drives growth in APAC secondary market

BMS Asia experts explain why M&A insurance is critical in facilitating secondary deals.

Embedded value of Asia's life insurers grows 7.2% in 2023

Japan and Taiwan post strong gains in insurer-embedded value.

Insured losses to reach $1.08b in CrowdStrike fallout

This is equivalent to about a fifth of the total financial loss of $5.4b.

Asian insurance rates suffer in Q2 amidst rising competition

All lines of business witnessed declines during the period.

Moody’s advises on cyber policy clarity post-CrowdStrike event

The extent and terms of coverage within individual policies will vary.

CEO on mounting regulatory challenges for APAC insurers

Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.

Advanced markets to drive half of new insurance premiums by 2034

Advanced APAC is expected to see strong growth in the life sector.

Income Insurance targets to fill billion-dollar financing gap in climate transition

The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.

FundPark, HKECIC bare pioneering effort for insured growth for Hong Kong SMEs

Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.

India considers major reforms to 1938 Insurance Act

The bill amendments could potentially let insurers enter the banking industry.