Insurance
India’s life insurance industry sees 20.2% YoY APE growth in June
India’s life insurance industry sees 20.2% YoY APE growth in June
CareEdge foresees medium-term outlook to remain positive.
China absorbs $13b loss in natural disasters in H1 2024
The government has allocated $570m for disaster management this year.
APAC leads in automotive usage-based insurance market growth
The global market, valued at $58b in 2023, is set to expand to $249b by 2032.
Expert debunks misconceptions impacting cyber insurance investment
A Forrester report found that only a quarter of firms possess standalone policies.
Allianz Lanka’s new CEO shares 5 strategies for insurers to drive growth
The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
Southern China floods trigger 18,400 insurance claims
Estimated losses amounted to $86.66m.
APAC insurance risk officers confront these 3 top concerns head-on
Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.
Japan insurance giants to maintain improved financial performance in FY 2024
Thanks to higher domestic interest rates, diversified investments, and ongoing reforms.
McKinsey highlights critical insurance strategies for 2024
Chief risk officers at a roundtable stressed the importance of capital management.
Cyber insurance costs drop amidst improved cyber hygiene
Global cyber insurance to hit $43b by 2030, Howden projects.
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
F&B industry underinsured against business interruption
29% said they are covered for property damage from extreme weather only.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
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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.
