Features

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Ageing workforce demands employees' comp rethink
A dramatic increase in workforce age is heightening injury risk.
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Beazley’s new APAC Head looks to strong growth in cyber, property, and marine
Jessica Schappell is focused on expansion in the specialty insurer's core areas.
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Gen Z demographic shift highlights need for flexible insurance products
Timing of key life events, work arrangements, and other lifestyle preferences mean insurers should consider simplified and adaptable products.
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SIRC 2024 reflections: Living in a world of ‘accelerated risk’
Setting (re)insurance on a sustainable path, competition for talent, and AI disruption were all key themes this year.
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What the US election result means for Asia’s insurance markets
Trump’s return to the White House signals greater risk volatility.
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How reinsurance pools could help shape Asia Pacific's renewable energy future
The renewable energy shift creates a complex risk landscape for APAC insurers. This whitepaper examines the potential for reinsurance pools to reduce risks linked to the region's transition.

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(Re)in Focus

“When we say there’s more capital in reinsurance, I wouldn’t say there’s necessarily more capital for every risk or every region.”

Scott Hawkins
Scott HawkinsManaging Director of Australasia at Munich Re
“We’ve taken (the W&I) concept, a very mature, well understood market, and applied it to the carbon market.”

Charlie Pool
Charlie PoolHead of Carbon Insurance at Howden
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Key APAC insurance developments – delivered free each weekday.

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Data and Data Journalism
18 November 2024
LIC’s planned health insurance entry could reshape market dynamics: GlobalData 
LIC aims to leverage its vast customer base to capitalise on India's fastest growing segment.
14 November 2024
Singapore insurance conduct body unveils plan to help enhance trust in sector
ICCSC plan includes initiatives to increase consumer awareness, improve policy literacy, and refine claims process.   
13 November 2024
Singapore life industry sees strong premium growth through first three quarters of 2024 
The Life Insurance Association reports a 23.5% rise in weighted new business premiums for the first nine months of 2024.
08 November 2024
Asia insurtech funding falls with global investment expected to stabilise at US$4.2bn in 2024
Following volatile years, funding is expected to level out, with a focus on AI-driven solutions and growing interest in breakout-stage insurtechs.
06 November 2024
Singapore insurance industry must adapt to attract young talent: Canopius Survey
Singapore students believe insurance offers stability and work-life balance, but industry is perceived to lag behind other sectors in advancement opportunities.
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Analysis
23 October 2024
MGAs ‘gaining ground’ in China as nascent Asian market emerges
China’s MGA sector is seeing growth in several cities, while Indian regulators are investigating whether to approve their operation.
16 October 2024
Asset risk higher for Asia Pac P&C insurers than US carriers
P&C insurers in three major North Asian markets of China, Japan, and Taiwan hold almost three times the amount of regulatory capital for asset risk than US carriers.
15 October 2024
Hong Kong insurers’ solvency ratios halve under RBC
The addition of several additional risk management metrics has significantly reduced Hong Kong insurers capital levels under the new regime.
14 October 2024
Emerging Asia’s middle class women have appetite to spend more on insurance: Peak Re report
There is a "significant opportunity" for insurers to develop products that provide financial security and resonate with priorities of the demographic.
11 October 2024
Lower cyber loss severity in Asia, but region seeing a noticeable uptick in incidents: Allianz
Asian firms face rising cyber threats despite lower loss severity, as Allianz warns of increasing incidents and evolving regulatory landscape.
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(Re)in Focus

"Whilst the annual reports coming from the Clubs are generally very positive, the number of high-profile casualties in recent months will surely come into consideration when boards are deciding what general increases to impose"

Malcolm Pedley
Malcolm PedleySingapore Chief Executive Officer at West of England P&I Club
“The new climate change considerations in ARR are a much needed update to previous interim guidance.”

Tom Mortlock
Tom MortlockAPAC Climate Risk Advisory Lead at Aon
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Market perspective

CarlosEduardoCoelho
AlastairSewell
New regulations, new opportunities for Hong Kong insurers
Alastair Sewell, Liquidity Investment Strategist at Aviva Investors
EdwardShen
APAC Cyber: Talent, training, and innovation key for insurers to meet rising demand
Edward Shen - Head of Casualty Product Underwriting at Peak Re
Nigel Cook
Hualien Earthquake: Four lessons learned for CAT readiness
Nigel Cook - Head of Major and Complex Loss at Sedgwick

People moves

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