APAC
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
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.
Redefining the future of manufacturing: The transformative power of edge computing
Edge computing is transforming the manufacturing industry by enabling real-time data processing and decision-making at the edge of the network.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
TCL Electronics wins prestigious Middle East International Business Award 2024 for revolutionary 115” X955 Max TV
TCL’s groundbreaking TV offering features advanced QD-Mini LED technology, 4K resolution, and an astonishing peak brightness of 5,000 nits
Hang Seng Bank Limited takes home Hong Kong Partner Experience of the Year - Banking at Asian Experience Awards 2024
The Bank bagged the honour for its innovation ecosystem which includes partnerships with policymakers, innovation promotors, innovation companies, SMEs, investors, and academia.
ONE Krungthai from Krungthai Bank wins Asian Experience Awards 2024 for employee mobile app
The enhancements made within the app have enhanced employees’ work life.
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HEINEKEN Malaysia’s Drinkies Toasts to Double Victory at the Asian Experience Awards 2024
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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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