APAC
Asia’s mortality protection gap grim by 2030, prediction shows $119t rift: report
Cyber insurance market in Asia is projected to triple in size from 2022 to 2025.
Swiss Re registers $2.5b profit in 9M23
The company aims for more than $3b in net earnings for 2023.
Asia’s Q3’23 insurance pricing flat for the second quarter in a row
Overall pricing for the third quarter remained flat, similar to the previous quarter.
Seven countries benefit from initial anticipatory action and disaster risk reduction programme
Its goal was to minimise the impact of disasters on individuals and communities.
Asians prioritise financial planning the most when falling ill: Peak Re
Six out of 10 Asians fear cyber security attacks.
Allianz Trade APAC appoints new HK commercial director
Tricia Koh will oversee commercial activities in Hong Kong, Taiwan, and South Korea.
Sompo Int’l assigns new lead for crisis management, commercial P&C insurance
Chiew is based in Singapore and joins from AXA, where she was a senior underwriter.
Allianz Commercial appoints Jude Cross as Asia’s head of property
Cross has more than 20 years of experience in the industry.
Retirement income competency lags in Asian markets
Post-pandemic, retirees face new risks such as inflation and rising interest rates.
Allianz Commercial warns increase in cyber claims, early detection could prevent $21m loss
Data exfiltration surged 80% in 2022 alone, versus the 40% in 2019.
Why emerging markets in the region are most vulnerable to insurance risks
Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.
Marsh builds global cyber practice, forms team
It will synergise all of Marsh’s capabilities around the world.
Munich Re’s preliminary net operating performance saw $1.3b, higher than expected
P&C business saw major dips, lower than expected.
Chubb shows robust Q3 results
Its net income more than doubles to $2.04b.
Zurich inks underwriting agreement with RentCover
Current RentCover policyholders will see their policies underwritten by Zurich upon renewal.
AXA XL appoints new head of art and expertise for APAC, Europe
He is rejoining AXA XL after more than two years.
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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.
