Magazine

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

May 2026

Insurance


General

Takaful appeals to both Muslim and non-Muslim travel segments

Based on core principles of mutual assistance and transparent risk-sharing, the concept of takaful for travel coverage goes beyond providing protection for Muslim visitors prioritising Umrah, leisure and family travel.
 

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Sri Lanka will weather this storm, too

The current spate of hostilities in Middle East has had a significant impact on the insurance industries of almost all the Southeast Asian countries. The insurance industry is working on meeting the challenges arising out of the present state of turmoil in the region.
 

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View from India: Parametric insurance can make India more resilient

India is currently exploring climate-adaptive parametric insurance covers that allow industries and individuals to bounce back stronger after a catastrophic event, enabling vulnerable populations to recover quickly when disaster strikes.
 

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AI is the key to closing Asia's protection gap

AI could play a major role in narrowing Asia’s insurance protection gap by improving risk assessment and product design for underserved segments, but insurers must carefully manage data limitations, governance challenges and over-reliance on automation.
 

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