Aon's comprehensive risk survey reveals firms in Asia Pacific prioritise cyber security above other risks such as economic downturn and market volatility, although climate change remains underestimated...
AIA Singapore's Chief Customer and Digital Officer will join AIA Philippines as CEO designate, bringing two decades of experience with the insurer when she commences the role on 1 December 2023.
Global marine premiums rise to US$35.8bn amid China's ascent in shipping tonnage, though Asia's growth lags due to weaker currencies and economic headwinds.
Reuters reports that France and U.S. will propose ban on new coal-fired power plants at COP28, potentially disrupting global energy and insurance sectors while facing opposition from coal-dependent nations...
Australian Climate Risk Index highlights the vulnerability of Australia’s power grid to climate change, with Western Australia and the Northern Territory facing the highest risk.
Market has seen deceleration, but technology and growing middle class provide opportunities for insurers to refine strategies and capitalise on rising protection gap.
Insurers and consumers in New South Wales are set to benefit from the reform, with estimates of potential premium reductions up to 15% for home owners and up to 23% for businesses.
McKinsey report highlights opportunities for growth in Asia's P&C insurance market — including digitalisation, the SME sector, adapting to electric vehicle adoption, and evolving climate and cyber...
