What a big energy bill you have
Main business imperative of reinsurance is investing in people
Ensuring SIRC remains future-ready
Philippines reinsurers see rising risk retention
Korean reinsurers face new challenges under IFRS17 and K-ICS
Building confidence in Asian markets through reinsurance
Navigating reinsurance challenges to stay relevant
Demographic shifts create challenges for life and health
India reinsurance outlook is optimistic
View from India - India is a growing global reinsurance hub
Balancing reinsurance growth, risk and sustainability
Reinsurers can benefit from catastrophe modelling and risk transfer
Malaysian reinsurance is evolving
Strong demand for traditional and structured reinsurance
How ARPC engages with Asian (re)insurers
General
Paving the road for EV insurance
Adjusting to significant new claims trends
Weather, infrastructure and economic losses in Asia
Political risk covers are essential for businesses
Global surge in political violence strains insurance market
APAC still has capacity for political violence insurance
Life & health
Wearables help insurers and customers
Singapore
Strong growth for Singapore's general insurance market
Calculators to show tangible mortality and CI protection gaps
Singapore motor insurers struggle with rising claims
Singapore life insurers serving the ageing population
Economic growth bodes well for Singapore insurance
China gets tough with agriculture insurance frauds
Insurance agents fear China's bull market
Pakistan regulator proposes insurance liberalisation
Solving the implementation puzzle of machine learning
The possibility of causal AI in insurance
East Asian insurers continue to collaborate
The challenges and risks of deep sea wind energy
Singapore Insurance Institute turns 60
ARIDC in Thailand amid global uncertainty
The smart use of captive insurance in APAC
Ageing is the new factor for the insurance industry
Asian
Asia Pacific: Reinsurance pricing stable due to adequate capacity
Asia Pacific: Insurers reduce exposure to equity or credit risks
India: Non-life gross direct premiums grow by 7% to $18bn in first three quarters of this year
Zurich Malaysia and GXBank launch cyber protect digital insurance product
India's ACKO Tech launch flexi term life insurance plan
Singapore's Income Insurance launches FlexiTravel Plus
MSIG Insurance launch new CI health insurance policy, covering Parkinson's and Alzheimer's
Singlife introduces new IUL plan
People on the move
REINSURANCE
Buy Now
AUSTRALIA
Australian Reinsurance Pool Corporation (ARPC) has come a long way since its formation – and today stands as a valued partner to many insurers and reinsurers throughout Asia.
MARKET PROFILE - Singapore
Singapore’s general insurance market is set to grow at an average annual rate of 5.8% over the next five years, with premiums projected to reach S$7.35bn by 2028.
INSURANCE - General
The global rise in political violence is pushing businesses, especially those with complex international operations, to seek broader insurance coverage.
NOTEBOOK
The energy sector is undergoing a major transition into sustainability, with organisations and governments across the region exploring different alternative sources.
The rose-tinted glasses through which many big insurers and reinsurers have viewed the potential of introducing generative AI into their business models are being laid aside and a new perspective is taking hold.
We caught up with Munich Re’s Dr Achim Kassow to talk about the importance of talent management in reinsurance, the risk environment and what to expect in the upcoming renewals.
The Singapore International Reinsurance Conference has changed markedly over the years, becoming one of the primary ‘unmissable’ events in the industry’s calendar.
The Philippines reinsurance industry faces evolving challenges such as an increase in reinsurance premium rates, tighter T&Cs, rising Nat CAT risks and increased demand for coverage.
As the world slowly but steadily moves towards EVs as the primary mode of transportation, insurers must keep up with the nuances of EV risk, monitoring the entire supply chain and tailoring products and services specifically to EVs.
Climate change has forced insurers to look at the ‘CAT season’ as a year-round affair, and the industry is attempting to deal with this new reality through heightened data analytics and improved modelling tools.
While some countries are developing faster than others, all are focused on enhancing global connectivity or advancing self-sufficiency to address supply chain issues and reduce import reliance.
Calculators introduced by Singapore Life Insurance Association can offer users a concrete idea of the protection gaps they may need to bridge.
Insurers must adapt by offering relevant protection for EV owners and embracing technologies like AI to enhance claims efficiency, while new business models emerge in response to evolving consumer lifestyles.
Many players in the agriculture insurance chain are resorting to fraudulent means to siphon off government subsidies. The government is taking up strong measures to plug the leaks.
New China Life and others have posted impressive earnings forecasts, anticipating substantial year-on-year profit growth.
Pakistan’s quasi-government competition regulator has recommended that the country’s insurance market be thrown open to the private sector. Its concerns and solutions were released in September.
While much has been said about the transformative benefits of machine learning models in the insurance industry, less attention has been given to the challenges and complexities of implementation.
Defined as technology with the ability to reason like humans and using causality for better decision making, causal AI can be used in insurance to identify the root causes of events and make them more meaningful with less bias.
The East Asian Insurance Congress returned to Hong Kong this year, exploring the themes of innovation, adaptation and evolution.
The Singapore Insurance Institute celebrated its 60th anniversary with a charity ball at Marina Bay Sands’ Peony Ballroom.
Pricing in the APAC reinsurance market in 2024 is stable due to adequate capacity, reversing from the hard market conditions of 2023, which were characterised by price increases and tighter renewal terms, says Fitch Ratings.
Asia Pacific insurers are reducing their exposure to equity or credit risks, while increasing capital allocations to diversified business growth, says Moody’s Ratings VP senior credit officer Frank Yuen.
India’s non-life insurance industry reported a 7% year-on-year increase in gross direct premium (GDPU) underwritten to INR1,539bn ($18.3bn) in the first three quarters of this year, according to provisional data released by the General...