APAC
APAC to lead microinsurance market – report
Globally, the segment’s CAGR is forecast to rise 6.2% by 2031.
APAC to lead microinsurance market – report
Globally, the segment’s CAGR is forecast to rise 6.2% by 2031.
Prudential expands 39% YoY in new business profits for first semester
Outlook for the region remains mixed.
APAC amongst fastest growing cyber insurance market: S&P Global
It grew 51.2% in the past five years but remains the second smallest market globally.
CDP urges insurers and other FIs to integrate system-wide transformation for nature-related risks
Insurers have incorporated climate change risk and opportunity in their portfolios more than water or forest-related.
Top 20 APAC insurers average 8.2% in premium growth – GlobalData
Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.
Unrealised losses to fly by top 20 reinsurers: S&P Global
About 25% of the total unrealised losses will reverse by the end of the year.
Pacific Life Re names Vasan Errakiah as Asia general manager
He will join the insurer’s Asia Executive Committee.
Allianz APAC shows solid H1 performance
Its L/H and P&C segments saw annual increments.
About six of 10 financial leaders expect revenue to jump 10% in three years
64% of consumers trust established banks for insurance purchases.
Aon unveils regional leader for Asia segment
He will be relocated to Singapore.
Aijiao Ruan becomes senior underwriter at AXA XL Insurance Asia
She will take on the underwriting of the Specie business.
Zurich Asia Pacific new business premiums up 43% in H1
Commercial premiums grew 11% whilst retail premiums were up by 17%.
Less than half of APAC’s natural disasters were insured in the first semester 2023: Munich Re
Calamities that occurred during the period reaped losses worth $7b.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
Generali Asia life segment operations down 18% but drive group’s savings line
Group-wide, operating results jumped 28%.
QBE Asia revenue climbs 6.3% in H1 ‘23, group pencils $8b
Group-wide, this was a 12% increase year-on-year.
Manulife’s back in the black with C$1b net income in Q2
Core earnings per share is 6% higher at C$0.83, its latest financial results showed.
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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.
