APAC

How women in power are the key to business success

Industry experts share their thoughts on how women in business can be the ultimate growth driver.

How women in power are the key to business success

Industry experts share their thoughts on how women in business can be the ultimate growth driver.

Generali Investments Holding welcomes Conning

Cathay Life Insurance also holds a 16.8% stake in Conning.

Guy Carpenter boosts senior leaderships in APAC

A new CEO will lead the Pacific region.

Howden expands footprint in France with acquisition

Howden now employs nearly 400 employees across France.

Embedded finance market to double in four years

The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.

Property catastrophe reinsurance sees ‘strong’ appetite on higher returns

At $670b, total global reinsurance capital is now close to the 2021 peak levels.

Prudential Financial closes $12.5b reinsurance deal with Somerset Re

The transaction is expected to result in around $450m of proceeds.

Reinsurers adopt risk-on strategy, boost capacity – Gallagher Re

Japanese catastrophe excess of loss programs showed consistent quoting.

Sompo appoints Kenneth Reilly as new APAC insurance CEO

Former CEO Daniel Neo will serve as senior strategic advisor until end-2024.

Insurers to use 40% AI with synthetic data by 2027

18% of businesses are using synthetic data to comply with privacy regulations and enable secure data exchange.

GIC finishes acquisition of majority share in Miller

GIC bought the entire share of Cinven in Miller.

Transactional insurance hits $49b in ‘challenging year’ – Marsh

Marsh said that it experienced its third-busiest year on record.

Asia's protection gap leaves $59b uncovered – Aon

Losses from natural disasters left the region 48% lower than the 21st century average.

Generative AI to boost the insurance sector by $50b

Investing in generative AI could boost revenues by 20% and minimise costs by 15%.

Renewables push faces climate hurdles post-COP28

As the world advances towards net-zero, protecting our renewable assets from extreme climate events is vital.

Lloyd’s sees 11.6% gross written premiums surge in 2023

Its overall profit before tax stood at $13.5b.