Survey reveals growing concerns over energy crises in key markets like Australia, the Philippines, and South Korea, while political instability and AI-driven threats have surged as a concern for risk managers...
While global losses were below the 10-year average last year, APAC's persistent protection gap means only about US$9bn of its US$73bn losses were insured.
Generali Central Life's first year premiums surged 241% year-on-year, with newer and mid-sized insurers also posting triple-digit gains amid a strong November.
The regulator advised insurers that sustained reductions in complaints would be critical as the industry seeks to grow while maintaining consumer trust.
