APAC

Generative AI to boost the insurance sector by $50b

Investing in generative AI could boost revenues by 20% and minimise costs by 15%.

Generative AI to boost the insurance sector by $50b

Investing in generative AI could boost revenues by 20% and minimise costs by 15%.

Renewables push faces climate hurdles post-COP28

As the world advances towards net-zero, protecting our renewable assets from extreme climate events is vital.

Lloyd’s sees 11.6% gross written premiums surge in 2023

Its overall profit before tax stood at $13.5b.

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

HDI Global SE’s insurance revenue soars 10% YoY in FY'23

Its Singapore business expanded its product offering through political and credit risk market entry.

Allianz Trade names new regional head of e-commerce in APAC

James Lie first joined Allianz Trade as country manager for Indonesia in 2018.

MSIG Asia’s CEO shares approach to risk management evolution

CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

Pet insurance market to surge 31% in CAGR by 2027

The dog segment is anticipated to witness significant growth.

Tokio Marine beefs up APAC property underwriter team

Jonathan Grossman and Si Min Lim have been chosen in their new roles.

Zurich integrates Blink Parametric in flight-delay solutions

Blink Parametric provides real-time assistance during flight disruptions.

Zurich foreshadows SME sector as a growth potential for embedded insurance

Zurich’s Roopa Malhotra champions embedded insurance, emphasising its contextual nature as a catalyst for customer awareness and adoption.

Directors identify health and safety as emerging top risks: Survey

Climate change remains high on the risk agenda in certain regions, such as Asia.

Lloyd’s, UNCDF champion parametric insurance for climate-vulnerable regions

The partnership plans to replicate the model in other regions, including Asia.

Gallagher Re reels new head of cyber for APAC

Sie Liang Lau holds more than two decades of experience in the industry.

AIA achieves five-pillar ESG strategy in 2023

The company was able to invest in ESG bonds, worth $6.3b.