by AIP Online Bureau | Jan 28, 2024 | Data, Eco/Invest/Demography, Technology
While APAC companies currently lag behind their North American counterparts in GenAI spending, the research forecasts a bigger increase than in any other region, that is 140 per cent.This translates to an estimated USD 3.4 billion to be invested across Australia, New...
by AIP Online Bureau | Jan 19, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
According to the cybersecurity company Check Point Research (CPR), India emerged as the second most targeted nation, trailing only behind Taiwan’s 3,050 incidents New Delhi: India has recorded a spike of 15 per cent in cyberattacks within APAC (Asia-Pacific),...
by AIP Online Bureau | Jan 5, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In South Asia, Bangladesh is the most prone to the risk of flooding. The materialisation of climate risks in these regions could lead to high economic losses. The cost of relocation from flood-prone areas and rebuilding following floods could be high, leading to...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“As boardrooms prepare for risks on the horizon, it is encouraging that 37% of boardroom executives in Singapore are planning to explore insurance options that include risk and crisis management. In 2024, the insurance industry has a large role to play in helping...
by AIP Online Bureau | Oct 29, 2023 | International News, Non-Life, Reinsurance, Risk Management
Pei Ru Chiew, head,Crisis Management, Commercial P&C Insurance in Asia Pacific, Sompo International “As Sompo International continues to pursue its global objectives, a top priority includes deepening our relationships in APAC. We are seeing growing demand for...
