APAC
WTW's new parametric policy protects vulnerable South Pacific reefs
The coverage allows for rapid payouts, supporting reef recovery efforts and community assistance activities following cyclones.
WTW's new parametric policy protects vulnerable South Pacific reefs
The coverage allows for rapid payouts, supporting reef recovery efforts and community assistance activities following cyclones.
Orderly 2024 reinsurance renewals show stability amid industry concerns: S&P Global
Reinsurers are showing interest in the property catastrophe business, benefiting primary insurers.
AXIS Capital's 2023 net income soars 79.2% to $346m
Its book value per diluted common share witnessed an uptick to $54.06.
RenaissanceRe reports $2.5b 2023 net income
Its underwriting income stands at $1.6b.
Only 5% of real estate investors confident about having proper insurance
According to a WTW report, 64% of real estate managers struggle to secure suitable insurance in hardening market.
Leonteq extends digital offerings to insurers
The platform allows real-time monitoring.
What are the five most pressing risks in Asia this 2024?
FM Global spell out ways businesses can build resilience in the anticipated risks of 2024.
Chubb's 2023 profits soar 72.1% YoY
Life Insurance net premiums written increased by 51.5% to $5.47b,
AI deepfakes emerge as new threat in insurance fraud, warns Kennedys report
Geopolitical risks due to deglobalisation, driven by a fragile geopolitical landscape also pose as a threat for the industry.
HDI Global deploys generative AI for legal, content, and claims analysis
The AI solution is aimed at supporting the company’s staff for process augmentation.
Marsh McLennan’s 2023 revenue climbs 10%
Risk, insurance and consulting services contributed to the YoY performance.
Gallagher's revenue surges 20% in Q4’23
A total of 50 acquisitions happened for the year, higher than the 36 in 2022.
Int’l association establishes roadmap, prioritises ICS
The roadmap pans out five high-level goals with key projects and objectives.
Howden Asia reels in new chief client officer
Mike Baker will collaborate with Howden’s multinational client practice.
Prudential appoints new non-executive director and announces committee changes
Mark Saunders will become a non-executive director whilst Jeanette Wong will take over chair of the audit committee from David Law.
Sun Life expands private health services to HNW market
High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.
Only six out of 10 companies believe employees are fit to use modern tech
Insurance companies said using multiple systems includes high costs, inefficiency, and time and resource consumption.
Thought Leadership Centre
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
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.
