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Aug 4, 20231 min read
Insurers challenged by slowing economies and volatile markets
Slowing economies could weigh on Asia Pacific insurers' growth, says S&P Global Ratings in a new report. However, rising risk awareness...
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Apr 18, 20234 min read
Over 70% Of APAC organizations have been a victim of identity security attacks
Only 9% of global organizations are taking an agile, holistic and mature approach to secure identities throughout their hybrid and...
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Feb 27, 20232 min read
Munich Re reports jump in profit to over US$3.6bn in 2022
Global reinsurance giant Munich Re has posted a profit of EUR3,419m ($3,622m) in the 2022 financial year, exceeding its profit guidance...
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Feb 23, 20231 min read
Allianz sees resilient 2022 full-year performance in the region
Germany's global insurer Allianz has announced that its total operating profit in Asia increased by 17% to EUR674m ($720m) in 2022. In...
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Feb 21, 20233 min read
Swiss Re reports net income of US$472m for 2022, targets more than $3bn for 2023
Global reinsurance giant Swiss Re has reported a net income of $472m for 2022, with a net income of $757m in the fourth quarter. For...
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Feb 8, 20231 min read
Natural disasters caused $313bn economic loss in 2022
Climate change driven natural disasters caused global economic losses of $313bn in 2022, according to a new report by insurance broker...
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Feb 3, 20232 min read
4Q2022 composite insurance pricing rises slowly but cyber insurance premiums soar
Insurance pricing in the fourth quarter in Asia increased by 2%, the same as in the prior quarter, according to the 4Q2022 "Global...
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