News Snapshot:
Hong Kong digital insurer Avo raises HK$260m - [Thailand’s insurers ‘wake up’ to digital amid muted growth] October 19 Local expert tells IAN the industry needs to embrace change post-pandemic. - [South Asia digital P&C personal premiums to hit US$7.5bn: Swiss Re] October 14 Report says the figure will be reached within five years with digital penetration currently 1-2%. - [Digital ecosystems boost Asia’s insurtech space: CapGemini] September 16 The consultancy firm says Ping An has earmarked US$14.5bn for research and development over the next decade. - [Korea’s P&C space to see accelerated digital transformation: Fitch] September 7 Carrot General...