APAC
Swiss Re board proposes 6% dividend increase
Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.
Swiss Re board proposes 6% dividend increase
Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.
AIA records double-digit profit growth in 2023
Mainland China, Hong Kong, ASEAN (except Vietnam and India) also registered double-digit growth.
S'poreans find wealth does not equate to financial resilience: Survey
Lower-income respondents (60%) better at covering short-term financial obligations than high-income counterparts (52%).
NorthStandard forges partnership with AI platform for safer marine navigation
The global marine insurer will include the AI-based solution in its digital resources.
MS Amlin rebounds in 2023
The (re)insurer registered a net loss of $60m in 2022.
APAC segment leads Canopius' premium growth with 35% increase
Canopius' APAC segment saw its contract written premiums reach $295m.
Munich Re HealthTech taps Bilal Ramadan as CEO
Ramadan succeeds Gerry Raftopoulos, who served the HealthTech arm for 28 years.
Global cyber insurance market to skyrocket by $42.81b by 2027
Surge in cyber-attacks prompts increased demand for cyber insurance to safeguard against financial and reputational risks.
GenAI Set to heighten cyber risks, Lloyd’s warns
The impact on the cyber threat landscape has been limited so far due to safety mechanisms.
HDI Global makes board changes
David Hullin, a member of the board, overseas ASEAN affairs.
Aon adopts AI-drive platform to amplify risk and business strategies
It plans to offer personalised data-driven insights at the portfolio, fleet, and driver levels.
Region takes lead in usage-based insurance, market to expand 26.2% CAGR
Globally, the market should see $267.4b by 2032.
APAC foreseen as top growth region in self-driving car insurance market
The market is projected to reach $88.1b by 2032 globally.
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
Sun Life names new chief client experience and marketing officer for Asia
Mahima Tankha Marwah has over two decades of experience in the finance industry.
Prudential expected to maintain strong market position, low financial leverage
Prudential's capital and earnings are deemed very strong, S&P Global Ratings said.
Commercial property insurance to see 10.4% CAGR by 2028
Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
