APAC

How secure are systems now in the insurance industry?

Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

How secure are systems now in the insurance industry?

Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

Increased liquidity drives growth in APAC secondary market

BMS Asia experts explain why M&A insurance is critical in facilitating secondary deals.

Deloitte Partner: Customer-centric engagement must shape digital transformation agenda

Peng mentioned that businesses need to ensure that their digital efforts are at pace to customers’ needs.

Embedded value of Asia's life insurers grows 7.2% in 2023

Japan and Taiwan post strong gains in insurer-embedded value.

Insured losses to reach $1.08b in CrowdStrike fallout

This is equivalent to about a fifth of the total financial loss of $5.4b.

Asian insurance rates suffer in Q2 amidst rising competition

All lines of business witnessed declines during the period.

APAC data centre capacity to double by 2028: Moody’s

Investment is expected to total $564b over the next four years.

PwC Partner: Management must have appropriate risk management policies as business backbone

There have been continued disruptions in several industries brought by technological advancements.

Moody’s advises on cyber policy clarity post-CrowdStrike event

The extent and terms of coverage within individual policies will vary.

CEO on mounting regulatory challenges for APAC insurers

Guy Carpenter’s Tony Gallagher said adopting a multi-faceted approach is key to navigating the ever-evolving IFRS 17 requirements.

Smart healthcare market to grow by $115.4b until 2027

Thanks to the industry’s pivot towards IoT use.

Indwelling catheters market to hit $1.9b by 2031

The silicone segment is projected to accelerate market growth within the forecast period.

Advanced markets to drive half of new insurance premiums by 2034

Advanced APAC is expected to see strong growth in the life sector.

Innovation will thrive if motivated by real desire to create impact for businesses and society – EY’s Steve Lo

The EY Chief Innovation Officer highlighted that technological solutions must be developed with a holistic eye on the value they bring to companies, individuals, and society at large.

APAC leads in automotive usage-based insurance market growth

The global market, valued at $58b in 2023, is set to expand to $249b by 2032.

Expert debunks misconceptions impacting cyber insurance investment

A Forrester report found that only a quarter of firms possess standalone policies.