Asian Business Review
Philippine life insurance sector slated for 5.4% CAGR by 2028
![]()
The industry will likely increase by 3% this year.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
They aim to boost investor confidence with proven leaders in finance and key sectors.
China raises debt ceilings with measures to address hidden debt
China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
APAC must triple energy transition investments to meet 2050 net zero goal
The region needs US$2.3t by 2030.
APAC’s real estate cross-border investment reaches $47.6b
Data centres dominated the market, capturing 46% of investments.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
Capacity and rate challenges continue to affect Asia air freight
In China, air freight cargo volumes have softened.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
APAC’s EV infrastructure market to grow at 13.5% by 2029
Challenges include distribution and overabundance of chargers.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
Highlights
Highlights
Partner Content
Partner Content
Exclusives
Exclusives
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Healthcare
Singapore eyes other sectors to fix healthcare talent crunch
![Singapore eyes other sectors to fix healthcare talent crunch]()
![Singapore eyes other sectors to fix healthcare talent crunch]()
Finance, technology, and consultancy professionals can help plug the gap.
Retail
MINISO opens biggest global store in Jakarta's Central Park
![MINISO opens biggest global store in Jakarta's Central Park]()
![MINISO opens biggest global store in Jakarta's Central Park]()
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.
Financial Services
Indonesia's BCA walks the talk on sustainable finance
![Indonesia's BCA walks the talk on sustainable finance]()
![Indonesia's BCA walks the talk on sustainable finance]()
The Indonesian bank considers the environment and governance in its lending decisions.
Financial Services
Bank-fintech alliance a win-win— HSBC digital chief
![Bank-fintech alliance a win-win— HSBC digital chief]()
![Bank-fintech alliance a win-win— HSBC digital chief]()
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Insurance
Zurich partners with Tesla in Australia as it rides EV trend
![Zurich partners with Tesla in Australia as it rides EV trend]()
![Zurich partners with Tesla in Australia as it rides EV trend]()
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Asia-Pacific may miss RE targets
![Asia-Pacific may miss RE targets]()
![Asia-Pacific may miss RE targets]()
Countries must attract investments to advance their clean energy goals.
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Top News
Philippine life insurance sector slated for 5.4% CAGR by 2028
![]()
The industry will likely increase by 3% this year.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
They aim to boost investor confidence with proven leaders in finance and key sectors.
China raises debt ceilings with measures to address hidden debt
China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
APAC must triple energy transition investments to meet 2050 net zero goal
The region needs US$2.3t by 2030.
APAC’s real estate cross-border investment reaches $47.6b
Data centres dominated the market, capturing 46% of investments.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
Capacity and rate challenges continue to affect Asia air freight
In China, air freight cargo volumes have softened.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
APAC’s EV infrastructure market to grow at 13.5% by 2029
Challenges include distribution and overabundance of chargers.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
Partner Content
Partner Content
Highlights
Highlights
Exclusives
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Healthcare
Singapore eyes other sectors to fix healthcare talent crunch
![Singapore eyes other sectors to fix healthcare talent crunch]()
![Singapore eyes other sectors to fix healthcare talent crunch]()
Finance, technology, and consultancy professionals can help plug the gap.
Retail
MINISO opens biggest global store in Jakarta's Central Park
![MINISO opens biggest global store in Jakarta's Central Park]()
![MINISO opens biggest global store in Jakarta's Central Park]()
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.
Financial Services
Indonesia's BCA walks the talk on sustainable finance
![Indonesia's BCA walks the talk on sustainable finance]()
![Indonesia's BCA walks the talk on sustainable finance]()
The Indonesian bank considers the environment and governance in its lending decisions.
Financial Services
Bank-fintech alliance a win-win— HSBC digital chief
![Bank-fintech alliance a win-win— HSBC digital chief]()
![Bank-fintech alliance a win-win— HSBC digital chief]()
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Insurance
Zurich partners with Tesla in Australia as it rides EV trend
![Zurich partners with Tesla in Australia as it rides EV trend]()
![Zurich partners with Tesla in Australia as it rides EV trend]()
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Asia-Pacific may miss RE targets
![Asia-Pacific may miss RE targets]()
![Asia-Pacific may miss RE targets]()
Countries must attract investments to advance their clean energy goals.
Event News
Event News
HEINEKEN Malaysia’s Drinkies Toasts to Double Victory at the Asian Experience Awards 2024
![HEINEKEN Malaysia’s Drinkies Toasts to Double Victory at the Asian Experience Awards 2024]()
Co-Written / Partner
Celebrate with Drinkies with exclusive promotions on Draught Beer Package until 30th October 2024.
Celebrate with Drinkies with exclusive promotions on Draught Beer Package until 30th October 2024.
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Event News
HEINEKEN Malaysia’s Drinkies Toasts to Double Victory at the Asian Experience Awards 2024
![HEINEKEN Malaysia’s Drinkies Toasts to Double Victory at the Asian Experience Awards 2024]()
Co-Written / Partner
Celebrate with Drinkies with exclusive promotions on Draught Beer Package until 30th October 2024.
Celebrate with Drinkies with exclusive promotions on Draught Beer Package until 30th October 2024.
