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

Oct 2024

Contents

October-Home
Editor's Letter
Magazine article aboutInsuring-digital-assets

Insuring digital assets

Reinsurance
Magazine article aboutReinsurance-rates-and-revolution-come-to-Singapore

SIRC Connect

Reinsurance, rates and revolution come to Singapore

Typhoons to cost insurers millions of dollars in claims

Insurance
Magazine article aboutPlenty-of-scope-for-global-takaful-growth

General

Plenty of scope for global takaful growth

View from India -Insurance captives can be a game changer

The anatomy of an insurance acquisition

Insurers' CSR initiatives are a game changer

From barrier to benefit: Rethinking the future of underwriting

The role of charitable giving in insurance in APAC

Life & health

Era of change presents growth opportunity for life insurers

Financial representative governance requires consistent training

Market Profile
Magazine article aboutIndonesia-Reinsurers-improve-stability-and-sustainability

Indonesia

Indonesia: Reinsurers improve stability and sustainability

Healthcare inflation and low private cover widen Indonesian protection gap

Indonesian life set for growth amid rising middle class

General insurance is driving Indonesia sector growth

Indonesia's low insurance penetration conundrum

China
Magazine article aboutOver-half-of-China-s-life-intermediaries-face-the-axe-over-reporting-consistency

Over half of China's life intermediaries face the axe over reporting consistency

Critical illness insurance in China is critical

Australia
Magazine article aboutAustralian-insurance-industry-winners-night-of-celebration

Australian insurance industry winners' night of celebration

AI
Magazine article aboutIs-AI-in-insurance-a-trend-or-a-transformation-

Is AI in insurance a trend or a transformation?

Using AI in a human-centric way in insurance

India's insurance industry embraces AI

Market spotlight
Magazine article aboutHong-Kong-Insurance-regulatory-action-enhances-GBA-connectivity

Greater Bay Area

Hong Kong: Insurance regulatory action enhances GBA connectivity

GBA establishment leads to cross-border insurance collaboration

Macau: Impact of insurance regulation on GBA collaboration

GBA has ample potential for insurance growth

Diversity, equity and inclusion
Magazine article aboutCaptives-can-support-diversity-equity-and-inclusion

Captives can support diversity, equity and inclusion

Creating an inclusive environment in insurance

LGBTQ+ support networks flourish within insurance industry

Notebook
Magazine article aboutInsuring-against-climate-change

Insuring against climate change

Exploring Sri Lanka's insurance potential

AI empowering actuaries to drive change

Demand outstrips supply for digital asset insurance

News

Asian

China: Lawmakers review draft decision on gradually raising retirement age

Singapore: Hannover Re forecasts stable pricing for P&C treaty renewals at 1 Jan 2025

Asian

Singapore: 76% of executives believe existing cyber defences can avert cyber attacks

South Korea: Higher number of accidents causes 40% plunge in auto insurers' 1H net profit

Vietnam: Typhoon Yagi insurance claims reach trillions of dong

Product Bites

Manulife Singapore launches whole-life investment-linked plan for Singaporeans

AXA HK and Macau launch heatwave parametric insurance and hospital cash plan

Igloo and Thailand's TrueMoney partner to launch health insurance products

ICICI Lombard launches new add-ons for motor insurance

Future Generali India launches disability income protection plan

AIA Philippines launches plan for retirees and elderlies

Diary
People on the move

People on the move

Is AI in insurance a trend or a transformation?

Source: Asia Insurance Review | Oct 2024

As generative AI usage surges among insurers across Asia Pacific, businesses struggle to keep pace with their workforce’s unmonitored AI adoption, driven by the accessibility and influence of the open-source community.
 

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