APAC
Insurance pivotal in risk resilience enhancement: Marsh
“There is No Planet B” author urged the sector to factor in risks of ongoing polycrisis.
Climate change impacts wind turbine infrastructure, insurers advised
A 10% decline in wind speed can result in over a 30% reduction in output.
QBE's profitability rises with underwriting improvements
Moody’s is also optimistic about the insurer’s premium pricing trends.
Why insurers have a $10t role in mobilising the climate transition
Howden and BCG said insurance premiums are projected to rise by 50% by 2030.
Experts highlight proactive insurance fraud prevention that combines tech, human expertise
Eduard Sargsyan and Brian Wu stressed that whilst advanced technology can increase efficiency, human expertise offers contextual knowledge to complement tech’s capabilities.
Why global cyber insurance market will remain stable in the next 12 months
Geopolitics and AI are ongoing risks that could potentially impact profitability.
Innovative partnerships propel FWD’s health insurance growth in APAC
FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
APAC to lead global EV insurance market in the next five years
The global EV insurance market is seen to skyrocket by 40.3% in CAGR.
How can insurers transition into a customer-centric business
Arthur D. Little narrowed it down to six steps.
Allianz Commercial appoints new head for cyber
She brings over two decades of experience in financial lines and cybersecurity.
What were the most common forms of capital insurers used in 2023?
Alternative reinsurance capital exceeded $100b last year.
Insurers face customer churn as prices rise in select products
Experts pin 3 ways to adapt to a more ‘demanding’ customer base.
Digital Care revamps to bolttech
The company hopes to strengthen its presence in other regions besides Asia.
QBE Asia announces new chief underwriting officer
He joined QBE Asia back in 2016.
Canopius boosts specialty lines with new leader
He will begin in his new role in October.