APAC
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Going green carries its own environmental risks
Both insurers and corporations need to carefully appraise how various types of commercial activities could harm the environment.
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Reinsurers adjust costs, aerospace premiums unaffected
Market has remained competitive, driven by overcapacity and stable demand.
Aviva-COFCO's solvency ratio drops to 240%
ROE averaged 9.7% from 2022 to H1 2024.
HDI Global integrates GenAI for international programmes
HDI is also providing ongoing training to expand its workforce skills in GenAI.
Which three Asian countries ranked riskiest in the world?
Singapore was the lowest-risk country in the region.
Swiss Re forecasts higher demand for reinsurance
Demand for property and specialty reinsurance is rising due to higher property values.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
Tokio Marine Kiln enhances APAC team with new underwriter
She brings over 20 years of marine insurance experience.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
Contractor errors and defects fuel offshore wind project losses
This accounted for over 60% of insurance claims in 2022.
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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.
