Global insurance trends

MOU Agreed Between Surer and AEAS

Latest partnership deal from Surer; A Memorandum of Understanding (MOU) was signed between Surer and the Association of Employment Agencies (Singapore) (AEAS). The MOU sought to affirm the partnership between both parties to enable all […]

Global insurance trends

GlobalData Reinsurance Snapshot: Asia-Pacific

With the Asia-Pacific (APAC) region’s exposure to extreme weather events leading to unsustainable natural hazard losses and high inflation worsening them, reinsurers in the region will face challenges in their growth in 2023, says GlobalData, a […]

InsureTech

Modern Life Teams Up With Pacific Life on Digital

Some news from the US market; Modern Life, a tech-enabled life insurance brokerage has announced its latest distribution partnership with Pacific Life Insurance Company. The partnership combines Pacific Life’s competitive suite of life insurance products […]

Global insurance trends

GlobalData Publishes Malaysia Market Insights

The latest market snapshot from GlobalData; The Malaysian insurance industry will grow at a compound annual growth rate (CAGR) of 8.4% from MYR 73.1 billion ($17.6 billion) in 2021 to MYR 109.6 billion ($26.7 billion) in […]

Global insurance trends

GlobalData Report Looks at APAC Market

In the wake of the COVID-19 pandemic, the majority of the population realized the importance of insurance. Against this backdrop, the top 20 Asia-Pacific (APAC) public insurance companies reported an aggregate premium of $908.6 billion in […]

Global insurance trends

HDI Global Restructures Asia-Pacific Operations

Industrial insurer HDI Global SE has restructured its Asia Pacific operations in a move designed to simplify reporting structures in the region and strengthen its offering for customers and business partners. The reform of reporting lines brings HDI Global’s operations in Hong Kong and Singapore into closer alignment, with the existing management […]

Global insurance trends

Looking Ahead To Property Cover Growth in 2022

Latest from GlobalData; The property insurance industry in Asia-Pacific (APAC) is projected to grow from $85.8bn in 2020 to $137.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data, and analytics […]

Legal

DAC Beachcroft Joins Zurich’s APAC Complex Claims Panel

International law firm DAC Beachcroft is delighted to announce it has been appointed to Zurich Insurance Group (Zurich)’s new large and complex claims legal panel for the Asia-Pacific (APAC) region, further consolidating its long-standing relationship […]