by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Facts, Non-Life, Technology
Within APAC, 85 per cent of consumers were aligned with these key priorities, consisting of 92 per cent of Millennials, 83 per cent of Gen Xers and 72 per cent of Baby Boomers prioritise sustainability the highest. Consumers are driving the growing emphasis on...
by AIP Online Bureau | Dec 5, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Luke Ware, Head of Corporate Risk & Broking Asia, WTW said: “As geopolitical tensions rise, individuals and businesses are exposed to a wider range of security risks which is why we have expanded our offering to include domains such as Special Crime and high-risk...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Intermediaries, International News, Life, Non-Life, Risk Management, Technology
In this most recent quarter, 53.5% of all disclosed APAC funding went into India-based InsurTechs, which raised an impressive $210.76 million. In terms of all deals ever completed, InsurTechs from 18 APAC countries have raised $7.77 billion through 447 deals , which...
by AIP Online Bureau | Oct 28, 2022 | International News, Non-Life, Reinsurance
“We expect most of the rated regional reinsurers to revise asset allocations amid rate hikes in certain countries, capital market volatility, and inflationary pressures on hedging costs. Regional reinsurers continue to have relatively higher allocation to risky...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, International News, Life, Risk Management
Japanese life insurers’ derivative-related exposures are higher than those of other insurers in the region, primarily because of hedged foreign-exchange risks, mainly against the US dollar. Generally, 50%-90% of these currency risks are hedged and transactions are...
