Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Jul 2023

Contents

July-Home
Editor's Letter
Magazine article aboutNZIA-and-the-pantomime-of-smoke

NZIA and the pantomime of smoke

Reinsurance
Magazine article aboutMore-top-level-speakers-announced-for-SIRC-2023

SIRC Countdown

More top-level speakers announced for SIRC 2023

Insurance
Magazine article aboutIndian-train-accident-Victims-get-help-from-IRDAI

General

Indian train accident: Victims get help from IRDAI

Protecting against pollution

Heatwaves and insurance cover

Life & health

Technology makes life insurance more relevant

View from India - Life insurance and Gen Z

Onboarding Gen Z into life insurance

The business case for insurers tackling employee mental health

Elevating the agency force - transforming distribution

Empowering agents with apps

Market Profile
Magazine article aboutPhilippines-reinsurance-continues-to-post-strong-growth

Philippines

Philippines reinsurance continues to post strong growth

Market continues to struggle

Philippines Nat CAT cover sorely lacking

Life insurers anticipate a difficult year in the Philippines

China
Magazine article aboutLife-insurance-agents-in-transition-mode

Life insurance agents in transition mode

GBA: The next hotspot for insurance in China

China is getting too hot for comfort

Australia
Magazine article aboutThe-P-C-sustainability-and-profitability-challenge-in-Australia

The P&C sustainability and profitability challenge in Australia

Capitalising on specialist insurance and reinsurance

Actuarial
Magazine article aboutScreamingly-obvious-that-a-shift-is-needed

Screamingly obvious that a shift is needed

Broking
Magazine article aboutBrokers-more-than-risk-advisers

Brokers - more than risk advisers

Regulation
Magazine article aboutCapital-increase-financial-health-and-consolidation-of-the-insurance-industry-in-Indonesia

Capital increase, financial health and consolidation of the insurance industry in Indonesia

Risk
Magazine article aboutHeatwave-could-damage-buildings-cause-disruptions-and-fires

Heatwave could damage buildings, cause disruptions and fires

Future marine propulsion risks

Claims
Magazine article aboutSedgwick-adapts-through-technology-driven-solutions-as-claims-process-goes-through-seismic-transformation

Sedgwick adapts through technology-driven solutions as claims process goes through seismic transformation

Education and training
Magazine article aboutInsurers-must-address-the-talent-crunch

Insurers must address the talent crunch

Notebook
Magazine article aboutInsurTechs-in-Asia-must-strengthen-revenue-streams

InsurTechs in Asia must strengthen revenue streams

News

Asian

Australia: Govt takes measured approach to reform financial advisory sector

China: Authorities issue regulation to strengthen supervision of medical insurance funds

Japan: Life sector's profitability expected to recover in 2024

Risk

Liability risk considerations in insuring AI

Younger generations more tolerant of fraud

Biodiversity to tackle climate change

Product Bites

India: Term product for diabetes

Taiwan: Personal insurance products through mobile account

Vietnam: Employee health solution for SMEs and start-ups

Diary
People on the move

People on the move

Insurance

General

Indian train accident: Victims get help from IRDAI

IRDAI’s quick move in instructing insurers to ease and expedite claims settlement for victims of the train accident in early-June has kept it in good stead.
 

Protecting against pollution

Environmental impairment liability products have been around for a long time but have only recently begun to make waves in Asia.
 

Heatwaves and insurance cover

It is time for insurers to work on insurance products that can provide financial relief to the victims of rising temperatures and growing heatwaves. A few of the insurers who have rolled out such insurance policies have been largely successful.
 

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Life & health

Technology makes life insurance more relevant

Technology, in conjunction with the human touch, can be great enablers in closing the life protection gap.
 

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View from India - Life insurance and Gen Z

With 40% of the Indian population consisting of Gen Z and millennials, it is a big group for the life insurers to catch them young.
 

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Onboarding Gen Z into life insurance

How can the life insurance industry bring Gen Z into the insurance fold?
 

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The business case for insurers tackling employee mental health

Mental health in the workplace has been an increasingly prominent concern for insurers in recent years in the wake of the pandemic, not just for health and employee benefits customers but also for their own people.
 

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Elevating the agency force - transforming distribution

Developing a stronger and more resilient distribution channel, ultimately enhancing the quality and standards of financial advisory in Asia is critical.
 

Empowering agents with apps

Apps can empower insurance agents by providing them with convenient access to essential tools and information while on-the-go.
 

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