Magazine

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

Nov 2024

Contents

November-Home
Editor's Letter
Magazine article aboutWhat-a-big-energy-bill-you-have

What a big energy bill you have

Reinsurance
Magazine article aboutMain-business-imperative-of-reinsurance-is-investing-in-people

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

Australia
Magazine article aboutHow-ARPC-engages-with-Asian-re-insurers

How ARPC engages with Asian (re)insurers

Insurance
Magazine article aboutPaving-the-road-for-EV-insurance

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

Market Profile
Magazine article aboutStrong-growth-for-Singapore-s-general-insurance-market

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
Magazine article aboutChina-gets-tough-with-agriculture-insurance-frauds

China gets tough with agriculture insurance frauds

Insurance agents fear China's bull market

Regulation
Magazine article aboutPakistan-regulator-proposes-insurance-liberalisation

Pakistan regulator proposes insurance liberalisation

AI
Magazine article aboutSolving-the-implementation-puzzle-of-machine-learning

Solving the implementation puzzle of machine learning

The possibility of causal AI in insurance

Notebook
Magazine article aboutEast-Asian-insurers-continue-to-collaborate

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

News

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

Product Bites

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

Diary
People on the move

People on the move

Insurance

General

Paving the road for EV insurance

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.
 

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Adjusting to significant new claims trends

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.
 

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Weather, infrastructure and economic losses in Asia

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.
 

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Political risk covers are essential for businesses

Political risk insurance has an important role in mitigating potential losses for businesses operating in politically-active Asia. 
 

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Global surge in political violence strains insurance market

The global rise in political violence is pushing businesses, especially those with complex international operations, to seek broader insurance coverage.
 

APAC still has capacity for political violence insurance

There is sufficient insurance capacity for political violence coverage in despite political and civil volatility in some territories such as Myanmar, Thailand and Vietnam.
 

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Life & health

Wearables help insurers and customers

Wearables help policyholders to keep healthy and bring down their insurance premiums. They also help insurers make their risk pools healthier and bring down health insurance claims ratios as well.
 

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