Magazine

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Mar 2023

News


Asian

Asia: Balance sheet management becomes more important for insurers

A higher interest rate environment is in principle good news for the insurance industry, says Swiss Re Institute in a new Economic Insights report.
 


Malaysia: Central bank releases draft Financial Inclusion Framework 2023-2026

Bank Negara Malaysia (BNM) has released a discussion paper on its proposed Financial Inclusion Framework 2023-2026.
 


India: Majority keen on usage-based insurance

Seventy percent of respondents to an insurance survey have indicated that they have strong intentions to buy usage-based insurance (UBI) over other types of insurance.
 


Risk

Cyber security will see an important evolution in 2023

A new report by Beazley predicts 13% year-over-year growth in ‘fraudulent instruction’ as a cause of loss and says that from tactics to implications, cyber security will see a subtle but important evolution in 2023.
 


Mental health a major claims risk for employers

Across the globe there has been a growing awareness of the importance of treating mental health as a factor in overall health and wellbeing, yet substantial gaps in mental healthcare still persist according to the latest report on employer-provided healthcare by Mercer Marsh.
 


Insurers adopt net-zero target protocol

The UN convened Net-Zero Insurance Alliance (NZIA) has launched the alliance’s first target-setting protocol.