APAC

Businesses face six interconnected risks this 2024 – J.S. Held

Businesses should be on the lookout for the effects of geopolitical shifts, economic challenges, and natural disasters.

Businesses face six interconnected risks this 2024 – J.S. Held

Businesses should be on the lookout for the effects of geopolitical shifts, economic challenges, and natural disasters.

Celebrate your award-winning insurance initiatives at the Insurance Asia Awards 2024

Be recognised as one of the top insurers in the region by sending your entries until 19 April 2024!

Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward. 

38% of financial institutions attain full-stack observability

There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for digital access to services.

Fidelity International boosts APAC team with new appointment

Pierre-Emmanuel Brard has experience handling Asian markets such as China, Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand.

January renewals show upbeat market, capital to rise

Last year was profitable for reinsurers with returns almost reaching 20%.

Canopius appoints new underwriter, adds to APAC team

Robert Barnum will lead the expansion of Canopius' operation in the region

Miller welcomes new head of reinsurance and capital

Amidst the company’s expansion, Shaun Sinniah will spearhead new approaches and strategic advisory.

Prudential unveils new CEO of Health business

Arjan Toor will replace Andrew Wong, and will begin his new role on 1 February.

Economic slowdown challenges insurance underwriting; emerging markets show promise

Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.

Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation

The renewal season reflects significant changes in market conditions compared to the previous year. 

Reinsurance capital rebounds, 2024 could register a tepid $561b

AM Best's projected 12.2% growth in traditional reinsurance capital for 2023 may be sufficient, given potential variations based on capital deployment decisions.

Disinformation and misinformation are top risks in 2024 – WEF

Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.

Everest taps new lead for Global head of A&H

Glen Browne led various roles in the region.

Alfred Sham becomes interim CEO of Howden, new appointments in financial lines and M&A

Charles Yim and Hui Ling Wong joined as Associate Director, Financial Lines and Regional Director, M&A, respectively.

Reinsurance industry’s alternative capital sees best performance in 20 years

The strong performance of collateral returns contributed to one of the best years in the market's history.

January renewals ‘smooth’, demand for property coverage increases: Aon

Despite challenges in regions with significant losses in 2023, pricing pressure on upper layers varied by region.