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Escalation in wildfire risk beyond traditional seasons and regions
The insurance industry's losses due to wildfires are rising, with an escalation in wildfire risk beyond the traditional fire seasons and...
Apr 42 min read
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Insurers prepare for multi-million dollar payouts after Myanmar quake
The damage from this incident alone may lead to insurance claims surpassing THB1bn (around $29m), as reported by The Nation . The...
Apr 21 min read
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Insurers expected to show stable performance in 2025
The outlook for the APAC insurance sector in 2025 is maintained as "Neutral', supported by stable operating margins and strong solvency...
Dec 6, 20241 min read
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Takaful association releases strategic transformation plan
The Malaysian Takaful Association (MTA) has officially launched the Hijrah27 framework, a strategic transformation plan with the core...
Nov 13, 20241 min read
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Nat CAT could lead to "insurance retreat" leaving thousands of properties unprotected
An estimated 10,000 coastal properties in Auckland, Wellington, Christchurch, and Dunedin could become uninsurable by 2050 due to coastal...
Nov 13, 20243 min read
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Regulator seeks way to increase non-life reinsurance solutions
The Australian Prudential Regulation Authority (APRA) is studying ways to promote general insurers' access to reinsurance, including...
Nov 8, 20242 min read
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Insurance industry can reshape perceptions to attract top talent, new report shows
The insurance industry in Singapore is in a prime position to reshape how graduates perceive career opportunities within the sector,...
Nov 6, 20243 min read
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Insurers in the region fete East Asian Insurance Day today
On EAIC Insurance Day, which falls every year on 18 October, the general secretary of the East Asian Insurance Congress (EAIC) , Mr...
Oct 18, 20242 min read
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