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Sep 2024

Contents

September-Home
Editor's Letter
Magazine article aboutVolatile-markets-again

Volatile markets again

Advertorial
Magazine article aboutLeading-through-change

Leading through change

Reinsurance
Magazine article aboutReinsurers-manage-profitable-second-quarter

Reinsurers manage profitable second quarter

Insurance
Magazine article aboutView-from-India-Can-public-sector-insurers-give-up-motor-and-health-portfolios-

General

View from India - Can public-sector insurers give up motor and health portfolios?

IT outage may impact APAC insurers hard

Pakistani farmers benefit from takaful

Life & health

Japan: Opportunities for insurers in the grey area

Role of environmental and social data in underwriting

New and eradicated diseases keep health insurers on their toes

Market Profile
Magazine article aboutHong-Kong-s-RBC-regime-signals-a-new-era

Hong Kong

Hong Kong's RBC regime signals a new era

Life insurance: Promising and positive performance

Hong Kong citizens struggling with living expenses

Cyber attacks on Hong Kong regulator, insurers and agencies

Nat CAT concerns remain among general insurers in Hong Kong

Hong Kong reinsurance market builds on underwriting discipline

What new regulations and developments mean for Hong Kong

Marine, hull, aviation
Magazine article aboutSanctions-Top-marine-compliance-risk-that-moves-in-real-time

Sanctions: Top marine compliance risk that moves in real-time

Navigating marine and hull insurance

Aviation reinsurance contracts for treaty negotiators, claims managers

Evolving risk spells more turbulence for aviation

China
Magazine article aboutMore-NEV-manufacturers-in-China-to-join-motor-insurance

More NEV manufacturers in China to join motor insurance

Can insurance intermediaries survive China's harsh winter?

China gets a new reinsurer

Chinese government supports insurance, macroeconomic concerns remain

Market spotlight
Magazine article aboutAustralia-s-first-insurance-broker-for-indigenous-peoples

Australia

Australia's first insurance broker for indigenous peoples

Training insurers to deal with vulnerable customers

Beyond business: Australian insurer's unique corporate culture fuels success

Barriers to financial advice remain high in Australia

Australian InsurTechs driven by incumbents and foreign investors

Australian insurers must engage more with superannuation

AI
Magazine article aboutActuaries-on-AI

Actuaries on AI

Responsible AI and workforce upskilling imperative for insurers

Understanding the nuances of generative AI

News

Asian

Australia: Cyber incidents return as biggest worry for businesses

India: Life insurers to seek more time to comply with new policy surrender rules

Japan: Demand for insurance heats up under searing sun

Pakistan: Regulator promotes risk sharing through insurance pools

Philippines: Regulator reviews rules for selling insurance to overseas workers

Vietnam: Infrastructure spending likely to boost non-life insurance demand

Product Bites

Allianz and HSBC launch new life insurance plan

AIA Singapore launches free holistic insurance coverage

AXA and Trip.com introduce custom travel insurance product

ICICI Lombard launches AI-powered health insurance product

OneDegree offers the first CI coverage for pets in Hong Kong

New China Life and Huize partner to provide new annuity insurance product

Diary
People on the move

People on the move

Nat CAT concerns remain among general insurers in Hong Kong

Source: Asia Insurance Review | Sep 2024

The general insurance industry in Hong Kong is projected to grow by 5.5% in 2024 and 2025. The growth will be supported by major insurance lines such as personal accident and health liability, and property.
 

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