APAC

APAC insurance M&A activity down 13.6% in 2023 amid global slump

February 29 2024

India the outlier across Asia Pac as deal making numbers fall in most regions, off the back of geopolitical and macro uncertainty.

allianz-asia-pacific-reports-33-growth-in-operating-profit

Allianz Asia Pacific reports 33% operating profit growth in 2023

February 26 2024

Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.

bupa-launches-au20m-venture-fund-to-support-healthcare-startups

Bupa APAC launches new venture fund to support healthcare startups

February 13 2024

Bupa Ventures AU$20m aims to support Seed to Series A healthcare start-ups across APAC.

Pacific Life Re restructures from regional to product-focused model

January 25 2024

Andrew Gill takes charge of the global 'protection' team while Phill Beach will oversee the 'savings & retirement' division.

EV market expansion spurs opportunities for insurer-manufacturer collaboration

January 22 2024

Strategic partnerships that combine vehicle data with expertise in claims handling and risk assessment can lead to improved insurance products.

shanna-zrini-appointed-underwriting-business-owner-for-apac-amp-europe

AXA XL appoint Shanna Zrini as Underwriting Business Owner for APAC & Europe

January 11 2024

Zrini brings extensive experience from FRISS, Aon, and Marsh to her new role.

2024 Outlook

January 10 2024

Cyber risks and AI will be in focus for (re)insurers in 2024 as the industry looks forward to 12 months of interest rate and regulatory stability.

GHG emissions disclosures of 'limited use' in near term says Moody's

January 9 2024

Regional and global GHG emissions disclosure standards are currently not harmonised making comparisons difficult.

1/1 renewals: Risk challenges remain despite much smoother treaty negotiations

January 9 2024

A lower-than-average loss environment, a reduced inflationary environment. and diversification all helped keep rate rises in check.

onedegree-group-promotes-michelle-ip-to-ceo-of-technology-arm

OneDegree promotes Michelle Ip to CEO of technology arm

January 8 2024

Ip named as CEO of OneDegree Global, while Robin Scott appointed as GM of OneDegree Middle East.

2023: The year in review

December 31 2023

Rates, climate risks, and technology highlight a transformative year as Asian markets, notably China and India, draw global attention for (re)insurance growth.

Growth in offshore wind presents new risks

December 21 2023

Offshore wind is seen as a crucial part of renewable energy transition, but rapid growth and changing tech create emerging risks for insurers.

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