Joanne Madrid is a reporter at (Re)in Asia, known for data features and analysis on how technology and climate are reshaping the region's insurance markets. Areas of specialty include insurtech and AI adoption, cyber and climate risk, and the premium and results data moving markets including India, Korea and Hong Kong.
Direct premiums rose steadily across major lines, while claims growth remained restrained, and fire claims fell, supporting a modest improvement in the loss ratio.
All three segments—general, standalone health and specialised—rose at double-digit year-on-year rates, lifting total gross direct premiums to ₹269bn in November.
Industry-wide insurance service results jumped 27% YoY, supported by claims stabilisation and fast premium growth across cyber, mortgage, marine, aviation, and consumer credit.
Climate risk, geo-economic fragmentation and asset-intensive strategies are emerging as the new fault lines for oversight, though the global sector remains resilient with risks still below those in ba...
Soft pricing masks a more complex risk landscape as rising insolvencies, geopolitical volatility and emerging tech exposures reshape liability pressures for APAC directors.
