By the pricking of my thumbs
APFinSA: Newly elected board announced at 18th AGM
Singaporeans spend 2.5 times more on children than retirement
General
COVID-19 vaccine indemnity dilemma
Climate change, contracting balance sheets & continued pandemic uncertainty - time for a next generation insurance solution
Life & health
View from India - Life insurance persistency is still a challenge
The next step in financial advisory
Why the hardening cyber market benefits all
Japan: 'No digital, no life' customer service
India: It's raining new health insurance products
Hong Kong: A balance of complexity and flexibility
Australia: Connected life ecosystem
Australia: Permission to personalise insurance
Singapore: A game changer in raising insurance awareness
Singapore: Insurance that everyone relates to
Global: Can parametric solutions be a game changer?
Global: Product strategy and innovation
ESG in the insurance sector
China
Market, technology and customers
Life insurance market is broken
Growing the second-largest insurance market in the world
Foreign-owned insurers grow faster than domestic players
Chinese InsurTech can be chaotic and disorganised
Health insurance challenges and solutions
The Geneva Association - Special issue of The Geneva Papers on microinsurance
Innovating for resilience
Insights from the industry
Asian
China: Insurance market gains in global market share
India: LIC's mega IPO a step closer after cabinet approval
Indonesia: Health insurance business grows
Taiwan: Toppled from throne after 13 years
Risk
Net-zero transition blocked by insurance innovation 'barriers'
Sea level rise poses economic threat to Asian coastal cities
Product Bites
People on the move
MARKET PROFILE - China
MAKING INSURANCE PRODUCTS MORE RELEVANT
Buy Now
The digital sales channel has been around for a while, but its prominence and use has certainly increased over the past year. What else needs to be different beyond the underwriting and the numbers?
INSURANCE - General
As corporate budgets and market capacity tighten, parametric insurance is gaining ground as a preferred alternative to traditional insurance products.
REINSURANCE
The cyber insurance market has dramatically shifted in recent years. Today’s cyber insurance market looks very different compared to a few years back, which is being driven by a significant increase in cyber incidents across the world.
NOTEBOOK
By providing underserved, low-income populations with protection against risks to their livelihoods and health, microinsurance helps poorer segments of society increase their resilience to adverse events.
There are two significant developments taking place in the insurance market in Asia Pacific at present – and both will require close monitoring.
The Asia Pacific Financial Services Association (APFinSA) held its 18th annual general meeting (AGM) on 10 June 2021. The new APFinSA board was elected by the council of nine member countries and the new board officially takes over after the AGM for...
AIA Singapore has revealed that young families in Singapore have deprioritised planning for their retirement because they are spending at least 2.5 times more of their monthly expenses on their children’s needs rather than taking charge of...
Vaccination is perhaps the best defence against the COVID-19 pandemic but who pays for any adverse effects that may arise from administering the vaccine?
Life insurance persistency, especially long term, continues to be a challenge – brokers, agents and consumers need to be technologically empowered to ensure better insurance persistency levels.
The health insurance segment witnessed over 140 new products introduced to the market over the past year.
There is a growing acceptance that consideration of ESG-related risks is a necessary investment criterion for long-term investors such as insurers. The long-term investment horizon of many ESG opportunities fits well with the long-term investment...
In a time of great change for the non-life sector in China, Ping An’s Mr Guo Xiaotao shared some insights about developing new strategies for the future and using technology even more.
There are now five life insurers in China with assets tipping the scale at CNY1tn ($154.7bn). It seems that only by reaching such business scale can a life insurer play to win.
China’s reinsurance industry is showing a good rate of growth, having recovered from the events of 2020 and encouraged by moves by CBIRC. There is still a lot to be done.
From a rapidly evolving consumer landscape, to rising demands for digital services and digitally-native competitors, to say that the face of insurance has been altered would be an understatement.
Every week, Asia Insurance Review surveys its readership to glean insights into the big issues that confront leading executives in insurance and reinsurance in the region. The results of our surveys are published in the form of a series of...
China continues to take a growing share in terms of total premiums, reaching 10.5% of the global insurance market last year, according to Swiss Re’s latest sigma report titled ‘World insurance: the recovery gains pace’.
The Economic Affairs Committee of the Indian cabinet has approved the initial public offering of state-run insurer Life Insurance Corporation (LIC), India’s largest life insurance company, reported Bloomberg quoting disinvestment secretary...
The Financial Services Authority (OJK) has said that public awareness of health insurance is increasing during the COVID-19 pandemic.
Euler Hermes and NORD/LB introduce ESG-centric product AXA introduces critical illness protection series Manulife launches critical illness plan for Malaysians