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.

Canopius boosts specialty lines with new leader

He will begin in his new role in October.