Insurance
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud
In contrast, a sizeable portion of the population feels otherwise.
Asia Pacific to lead blockchain in insurance by 2031
Globally, the market could reach $32.9b.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
Construction insurance sector set for growth with energy, utility projects
Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.
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.
Global insurance M&A hits 15-year low in volume
The region’s deal volumes also fell by 20.7% YoY.
Reinsurers hit record $695b capital in June 2024
However, Aon predicts more pricing competition in 2025 for insurers.
Regulator pushes for mergers in Indonesia amidst premium stagnation
Insurance penetration in Indonesia has declined to 2.64% in 2023.
Insured losses from NatCat surge to $151b, fueled by urban growth
The five-year average annual loss is at $106b.
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