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NewsSeptember 15, 20261 min read

APAC crop insurance seen rising 34% as climate risks intensify

Worldwide gains total $16b with 6.3% annual expansion. The Asia-Pacific (APAC) crop insurance sector is projected to dominate the global market share through 2029, according to Technavio. The region will…

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NewsSeptember 15, 20261 min read

Cambodian insurers’ premiums bag $97m in Q3 2025 on higher policies

For net premium earned, Q3 2025 saw a 13% YoY climb to $70.15m. Cambodia’s insurance market climbed 7% year-on-year (YoY) in the third quarter of 2025 (Q3 2025), with premiums…

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NewsSeptember 15, 20261 min read

MS Amlin promotes Sarah Wilson to head of Outwards Reinsurance

She joined the company from Tokio Marine Kiln. MS Amlin has promoted Sarah Wilson as head of Outwards Reinsurance, effective immediately.  Wilson was previously Co-Lead of the Outwards Reinsurance function.…

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NewsSeptember 15, 20262 min read

Insurance, banks, public sector drive APAC IT spend, Forrester says

Australia and Singapore defence agencies test genAI for efficiency and decisions. Insurance, banking, and public sector organisations are expected to drive IT services spending growth across Asia-Pacific (APAC) as they…

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NewsSeptember 15, 20261 min read

South Korean insurers face 50% core capital mandate

Financial Services Commission sets the new quality standards to take effect starting in 2027. South Korea’s financial regulator said on 13 January that insurers will be required to meet a…

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NewsSeptember 15, 20261 min read

Zurich deploys 100 engineers amidst 92% surge in AI infra spending

The new practice pulls together more than 100 specialist risk engineers. Zurich Resilience Solutions, part of Zurich Insurance, has set up a dedicated Data Centre Risk Advisory practice, bringing together…

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NewsSeptember 15, 20262 min read

APAC insurers lag with legacy systems despite 87% claim digital lead

The legacy constraint rate rises from 90% at $1b to $5b firms. Asia-Pacific (APAC) insurers managing nearly $3.8t in assets say outdated technology is holding them back, even as most…

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NewsSeptember 15, 20262 min read

Can Indonesian insurers sustain 20% to 40% growth targets?

The non-life insurance market slowed significantly in 2024 with GWP rising 6%. Whilst some Indonesian insurers still aim for ambitious 20% to 40% growth targets, macroeconomic headwinds and softening demand…

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NewsSeptember 15, 20262 min read

Singapore insurance stays buyer-friendly despite motor hikes

The report says prices are flat to moderately lower across most major lines. The Singapore insurance market remains highly competitive and buyer-friendly in the third quarter of 2025, according to…

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NewsSeptember 15, 20261 min read

Insurance third-party admins to exceed $532b by 2029

Health plan administrators are expected to be the largest segment. The global insurance third-party administrators (TPAs) market is projected to exceed $532b by 2029, representing nearly 1% of the wider…

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