Magazine

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

Feb 2025

Insurance


General

Many InsurTechs operate at a loss

InsurTechs are vital to the insurance industry, as they are able to offer such things as microinsurance products at lower prices. 
 

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Demand for values-based financial solutions drive takaful

In Singapore, demand for takaful is driven by the growing Muslim population, rising disposable income and improving financial literacy. 
 

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EV insurance set for a surge in Indian market

The increasing adoption of electric vehicles in India is not only reshaping the automotive industry, but also revolutionising the motor insurance segment in the country. 
 

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How public sentiment can play a part in insurance M&A

When the announcement of the sale of a majority stake in Income Insurance to Allianz was released, members of the public in Singapore were apprehensive. 
 

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Life & health

Life insurance comes of age in Asia Pacific

For too long, the life insurance sector has been the dull cousin of general insurance – lacking the dynamism and product innovation that grows the market and attracts the best talent. All that is changing.
 


Rethinking India's health insurance for millions

India’s insurance watchdog, the IRDAI, reported a second consecutive annual dip in already low insurance penetration, alongside a likely rise in health insurance pricing. 
 

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Life insurance awareness in Philippines and Taiwan

Growing awareness of life insurance products in the Philippines and Taiwan is driving demand, as economic recovery, digital transformation and financial literacy initiatives encourage people to secure their financial futures. 
 

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Thailand life insurance sector expected to grow with GDP

While automation and AI promise faster and more personalised services, online penetration remains limited in life and health insurance due to product complexity and the demand for financial advice. 
 


Reinsurers face demand for longevity solutions as populations age

Asia has some of the oldest populations in the world and this is driving demand among insurers for longevity reinsurance solutions.
 

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Indian insurers need to work on lack of trust

Indian insurers do not inspire faith and trust from clients. 
 

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Private sector drives India's life insurance

Private carriers are driving India’s life insurance segment with a 15% YoY rise in premiums for the first eight months of FY2025.
 

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