Alexa, please play 'Winds of Change'
South Korea
Regulators supercharge insurance market growth in rapidly ageing society
Reinsurance brokers turn to national resilience business
Life insurers in South Korea to stay firm on resilient underwriting and investment results
Delivering global specialty expertise in the Korean market
China expected to be biggest market in Asia for AI in insurance over the next 3 years
Implications of AI integration for insurers
DeepSeek offers benefits to China's insurers - but not without pitfalls
AI adoption at appropriate domain levels is key to value creation
Insurers getting smarter and faster the AI way
The AI revolution in insurance: from tradition to transformation
View from India - GenAI shapes how India's insurance agents sell and serve
AI can give a new look to insurance broking
The case for responsible AI
Traditional home insurance essential even with smart home coverage
Use of AI in cyber security is a veritable 'arms race'
The perceived AI investment-value divide in Asian insurance
Understanding AI regulations in Asia
Agentic AI: Human in the middle
Sending SIRC to the next level
Remaining adaptable to new risks
China can manage Nat CAT better with AI
Top 5 P&C insurers command 82% of industry profits in 1Q2025
Listed insurers show patchy observance of regulators' dividend guidelines
Indonesia: Regulator and brokers gear up for the future
Asian
Indonesia: Regulator mulls loosening ownership rules in reinsurance sector
Vietnam: Non-life insurance premiums grow by 10% to over US$3bn in 2024
India: 80% of insured uncertain about efficacy of health coverage
China: Reduced capital charges to spur Chinese insurers' equity investments
Malaysia: Insurance market set to grow on demand for online insurance sales
Taiwan: Life insurers brace for further appreciation of local currency
South Korea: Regulators to act on persistently low insurance policy retention rates
New Zealand: Only 3% of Nat CAT spending allocated to risk reduction and resilience
Cambodia: Insurance market enjoys sustained growth
Japan: Tokio Marine Group aims to increase efficient operations at veterinary facilities
Products and alliances
People on the move
AI
MARKET PROFILE - South Korea
Increased life expectancy, declining birth rates and a super-aged population have coalesced into a serious issue in South Korea. Authorities are addressing the situation through regulations and measures to extend high-coverage indemnity insurance,...
Buy Now
REINSURANCE
In his first year as Singapore Reinsurers’ Association’s chair, Mr Kenrick Law has great ambitions for this year’s SIRC, with aims to bring the conference to new heights and to reach a wider, more diverse and global audience.
More policyholders in Malaysia are seeking comprehensive smart home insurance coverage due to the growing integration of technology into daily living and subsequent new risks associated with smart homes.
Is everyone tired of talking about AI yet, or is the excitement still buzzing?
As market needs evolve, reinsurance brokers in South Korea are diversifying their portfolios and developing expertise in order to stay ahead. One area that brokers have begun tapping into is policy-driven insurance pushed by national resilience...
The outlook for South Korea’s life insurance sector remains stable, driven by strong profitability and consistent asset quality. Although stricter capital regulations are expected to pressure regulatory solvency ratios in the short term, they...
Asian insurers are integrating AI in their operations to provide error-free, faster and satisfactory solutions that manage risks better. The insurance sector in different parts of Asia are embracing AI and many different value propositions can be...
Generative AI has the potential to drive value across the insurance value chain, from detecting fraudulent claims to boosting efficiency in underwriting. But there are other implications for insurers who adopt it, including the changing roles of...
With the introduction of Deepseek, China has firmly planted its best foot forward in the AI and technology space. However, as powerful and efficient as this new AI model is, it still comes with a series of risks that China’s insurers will have...
Recent political and macroeconomic developments have had a negative impact on trade and business. How will this impact the (re)insurance industry? Combined with longstanding risks such as cyber and Nat CAT, the future is hard to predict, and the...
As insurers in China embrace AI to address growing risks, especially surging catastrophic risks due to climate change, they need to adopt technology that embraces insurance and innovation.
As insurers release their 1Q2025 solvency reports, the operating performance of China’s P&C sector this year has come into clearer view. The view presented is one of strong net results on the back of stable premium growth.
Dividend payouts by listed mainland Chinese companies have come under the spotlight recently, triggered by the government’s push to enhance investment value and inject new energy into the stock market. Against this backdrop, China’s...
Experts gathered in Jakarta, Indonesia, for the 13th Asia Insurance Brokers’ Summit to discuss how (re)insurance brokers could ready themselves for the coming decade, from transformation rooted in regulations to strengthening the future of...
Indonesia’s Financial Services Authority (OJK) is reviewing the current 80% cap on foreign ownership in the reinsurance sector, in response to a widening deficit in the country’s reinsurance balance of payments.
Vietnam’s non-life insurance market grew by 10.2% in terms of insurance premium revenue in 2024 to reach VND78.29tn ($3.02bn), revealed the Deputy Minister of Finance, Mr Le Tan Can. Total assets are estimated at VND145.42tn at the end of...
More than eight out of every 10 insured feel unsure about the efficacy of their health cover amid soaring medical costs, the findings of a survey by Future Generali India Insurance show.