Magazine

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

Jan 2025

Insurance


General

Hong Kong: Marine insurance is booming

Marine insurance seems to be surfing the wave of increased global trade – while avoiding the worst pitfalls of cyber, political risk and climate change. 
 

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Cyber, political risk and the talent shortage in insurance

Global specialist insurance companies are often in the best position to spot early signs of growth bubbles in the risk landscape. 
 

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Building on insurance core strengths

For one global insurer, Singapore and the rest of Asia offer the prospect of significant growth in the years ahead. 
 

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Data analytics in selling insurance

Insurers that leverage data analytics can improve customer segmentation, as well as personalise marketing to customers for cross-selling and upselling. 
 

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Accelerating AI development for insurance products

The Prudential AI Lab was launched in Singapore with the aim of accelerating adoption, incubating solutions and building knowledge and talent. 
 

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Insuring electric vehicles in Singapore

The market for insuring electric vehicles in Singapore has not changed much in the last year – and autonomous vehicles have not yet made their mark. 
 

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Coverage and premiums in Singapore EV insurance

As EV adoption accelerates, Singapore consumers are calling for better coverage for specialised components like batteries, while some remain wary of perceived higher premiums. 
 

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EV insurance adoption increases in Singapore

Gaps in coverage for battery replacement, fire damage and charging-related risks remain a concern for consumers. More collaborative efforts across industries are needed. 
 

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Life & health

Virtual insurer shows what the future looks like

Hong Kong’s Bowtie received its virtual license as a full-stack life insurer in 2018 and has been quietly building momentum in a fiercely-crowded marketplace since then. 
 

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