BHSI enters Asia on the mark
Aetna: Beyond pricing risk and paying claims
Green Delta: Bridging the gender gap
Geneva Association: The digital revolution
M&A - Happily Ever After?
M&A resurges
Malaysia - Ready, set, match for a more sophisticated game
Malaysia - Life set to transform
Malaysia - General Insurance - Adjusting to detariffed market
Malaysia - Takaful: Changes in the offing
Malaysia - E-Distribution of insurance products in Malaysia
Aviation - "Dead Man Walking"
Brokers' USP Today - Broking new ground
Protecting Asia's HNWIs - A niche for insurers: Asia's rich need to be more aware of legacy planning
Think Tank - The Geneva Association: COP21 and the role of (re)insurance
CEO Summit - Insurance re-imagin8tion
Customer Focus: Understanding customers - Easier said than done
Actuarial Focus - India: Actuarial profession gets a boost
IT in Insurance - Managing the data deluge for digital insurance
Business interruption risk on the rise
A good grip on inventory
The demands of healthcare risks
AEC News - Vietnam alert to AEC's potential
Asian News - EAIC: Macau scores first with plans to give delegates documents in tablets
Asian News - Asia: First-ever Asia Trusted Life Agents and Advisers Awards launched
Asian News - Lack of cyber-crime awareness a great challenge to maritime industry - GC&C Asia
Asian News - Asia Pacific: Oil prices and asset bubbles rank as biggest risks
Asian News - Asia: CFOs dealing with shifting landscapes
Asian News - Asia: Insurers to tackle cyber risk threat
Asian News - Nominations for 2016 Australian Insurance Industry Awards open till 26 Apr
Asian News - Australia: Regulator to probe Comminsure's handling of claims
Asian News - Cambodia: General insurance premiums rise 16% to US$62 mln in 2015
Asian News - China: At least 3 registered local reinsurers now in growing market
Asian News - China: Auto free pricing system causing concern to insurers
Asian News - Hong Kong: New business from mainlanders jump by 30% to US$4 bln in 2015
Asian News - India: Finance Minister proposes IPOs of general insurance companies
Asian News - India: New product filing rules to boost general insurance market
Asian News - Indonesia: General insurance sector to see 20% growth
Asian News - Japan: Regulators okay Japan Post's application to do reinsurance business
Asian News - Japan: Life insurers make tough decisions in wake of negative interest rates
Asian News - South Korea: Asia Capital Reinsurance wins approval for branch
Asian News - Laos: First composite insurer to be established
Asian News - Nepal: Local reinsurer clinches South Asian deals
Asian News - Pakistan: Code of Corporate Governance for Insurers approved
Asian News - Philippines: Total premium forecast for 2016 lowered marginally to US$5.9 bln
Asian News - Singapore: Arig halts operations, refocuses overseas strategy
Asian News - Singapore: Life insurers need to reposition for the future
Asian News - Singapore: Insight Adjusters voted one of Lion City's most valuable SMEs by financial performance
Asian News - Singapore: Non-life market posts moderate 2.6% growth to US$2.6 bln
Asian News - Nexus ready to establish Singapore business
Asian News - Taiwan: AIG to set up new branch
Asian News - Thailand: AIA Leadership Centre opens to expand senior talent pool
Global News - Britannia and UK P&I Clubs could merge
Global News - Loss potential from severe thunderstorms in Europe increasing - Munich Re
Corporate Risk Management News - Zika - An opportunity for risk managers to build resilience: PARIMA
Corporate Risk Management News - China: War on graft easing political risk concerns - Aon
Product Bytes
Event Page - RGA marks Singapore branch opening
Event Page - AXA Mandiri provides 1,000 free crop insurance to protect farmers from excessive rainfall
Diary of Events
People on the move
Despite facing major economic headwinds over the last 18 months, both the life and general sectors continue to grow, albeit at a slower pace. Not to miss out, the takaful sector is also gearing up to be a key avenue to raise insurance penetration.
Malaysia's life sector looks set to be transformed as new regulations seek to increase the value proposition for consumers in terms of products and services, while also spurring future innovation to suit diverse needs.
General insurance records slower growth in 2015 due to economic headwinds but companies remain robust and are set to further innovate to stay ahead in a market set for liberalisation this year.
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Malaysia's takaful sector is constantly evolving. Family takaful is attracting more affluent customers and the splitting of composite licences and impending detariffication will result in changes on the general takaful front.
By Ms Idahani Ismas, Partner of the firm Zaid Ibrahim & Co.