APAC
Asian economies at higher financial risk from climate hazard intensification, warns report
The Swiss Re Institute emphasised insurance’s role in risk mitigation.
Asian economies at higher financial risk from climate hazard intensification, warns report
The Swiss Re Institute emphasised insurance’s role in risk mitigation.
Fusion Specialty gets new managing partner for APAC
Steven Harwood has over 11 years of experience covering W&I, Tax Indemnity, and contingent liability risks.
Optimism remains despite high rates and M&A uncertainties: Clyde & Co.
Challenges persist from 2023, even on Hong Kong’s new capital regime.
Blue Cross APAC strengthens capital buffer, backed by AIA
Blue Cross plays a crucial role in supporting AIA's growth strategy through various market segments in Hong Kong.
Pension assets reach $55.7t on market surge
WTW said systemic risks persist despite a rebound.
FWD Group extends partnership with Microsoft to boost AI capabilities
The insurer will be using Microsoft's Azure OpenAI Service.
Global Atlantic secures $10b deal with Manulife US, Japan
This is the third partnership both entities have done.
Allianz APAC’s operating profit catapults in 2023
Both P&C and L&H saw robust growth in their 2023 performance.
Seven of 10 shoppers want protection for purchases but prefer low-cost
The survey also showed more trust in social media marketplaces versus the companies selling goods through these platforms.
Zurich Group's BOP jumps 21% YoY, APAC business soars
The APAC business also announced a partnership with India-based Kotak Mahindra Bank.
S&P Global Ratings forecasts earnings surge to $3.6b in 2024 for Swiss Re
Its life and health reinsurance segment is projected to reach $1.5b in profits.
AXA XL Reinsurance CEO ‘bullish’ for 2024
The CEO said a shift towards a more balanced relationship between insurers and reinsurers, with a clearer division of labour, in terms of the renewal season.
NorthStandard sees rise in premium earnings since merger
Its gross tonnage (GT) rose to 256 million as of 20 February.
WTW, Solomon Agency partner to provide insurance solutions in South Korea and Vietnam
It plans to offer risk transfer services to clients in South Korea, Vietnam, and other parts of APAC.
Swiss Re targets $3.6b 2024 earnings after robust 2023 performance
Its P&C business leads with $1.9b.
Why embedded insurance is a must-have
An estimated 16% of Asian insurers’ revenues are now derived from embedded insurance.
Manulife Asia sees strong premium growth, new business in 2023
APE sales rose 15% to $3.3b for the year.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
