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

May 2024

Contents

May-Home
Editor's Letter
Magazine article aboutFear-of-outliving-your-savings

Fear of outliving your savings

Reinsurance
Magazine article aboutRevolutionising-reinsurance

SIRC Connect

Revolutionising reinsurance

Resilient buildings, retrofitting and reinsurance

Insurance
Magazine article aboutThe-pros-and-cons-of-bancassurance-partnerships

General

The pros and cons of bancassurance partnerships

Evolving with the risks

Moderate claims expected from Taiwan earthquake

How insurance helps India face the heat of the El Nino

Life & health

Bancassurance's dwindling popularity in Vietnam

Charting a new path for healthcare

Market Profile
Magazine article aboutThought-leadership-and-teaching-soft-skills-in-insurance

Australia

Thought leadership and teaching soft skills in insurance

Life insurers focus on being customer friendly

Australians facing a tough winter

Renewable energy in Australia: A most promising sector with unique insurance challenges

Reinsurers upbeat with improved profitability

Australian regulatory bodies face unrelenting change

Tech enables insurer profitability amid higher claims

Actuarial
Magazine article aboutActuarial-skills-expected-to-evolve-amid-AI-and-automation

Actuarial skills expected to evolve amid AI and automation

Lifetime of an actuarial model

Actuaries can use AI and probabilistic thinking to assess climate risk

Growing the actuarial profession and retaining talent

Building a talent pipeline for actuaries in Asia

Regulation
Magazine article aboutView-fron-India-India-s-insurance-regulatory-framework-overhauled

View fron India: India's insurance regulatory framework overhauled

China
Magazine article aboutReality-bites-leading-Chinese-insurer

Reality bites leading Chinese insurer

Ageing and decreasing population brings opportunities for insurers

AI
Magazine article aboutInsurer-shows-how-AI-makes-a-difference

Insurer shows how AI makes a difference

AI means growth for underwriters

Broking
Magazine article aboutM-A-in-broking-an-opportunity-for-new-entrants

M&A in broking an opportunity for new entrants

The evolution of the modern broker

Takaful
Magazine article aboutOpportunities-abound-for-Malaysian-takaful

Opportunities abound for Malaysian takaful

Risk
Magazine article aboutPhishing-and-ransomware-remain-top-concerns-in-cyber-security

Phishing and ransomware remain top concerns in cyber security

Five factors impacting the chief risk officer role

Gaps in addressing geriatric risks

News

Asian

China: Cost of insuring Xiaomi's first EV unveiled

Japan: Two major non-life insurers issue CAT bonds

Taiwan: 3 April 'quake insurance claims unlikely to exceed losses chalked up in 2016

Thailand: Policyholder protection fund running out of money

Risk

Asia struggles to contain record e-waste

AI improves global flood forecasting and extends alert time

Majority of recent CO2 emissions linked to 57 producers

Huge spike in insured losses expected

Product Bites

MSIG enhances coverage for overseas study insurance

Fin-Medtech company iAPPS Health Group and Singlife launch iSure

OneDegree launches cyber insurance for companies beyond Web3

Zurich Singapore and travel platform Klook launch FlyEasy

Chubb and Atome form regional partnership to create more insurance products

Diary
People on the move

People on the move

Bancassurance's dwindling popularity in Vietnam

Source: Asia Insurance Review | May 2024

From 2018 to mid-2022, the growth of bancassurance in Vietnam led experts to predict that bancassurance would account for about 50% of the total new premium revenue by 2025. By mid-2023, however, bancassurance was in hot water.
 

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