The impediments to AI adoption
SIRC Connect
Developments in the vibrant Asian reinsurance market
Reinsurance pricing continues to remain positive
The real value of reinsurance meetings
General
The climate's toll on agriculture insurance: A pricing paradigm shift
As climate litigations surge, insurers need to get proactive
Enhancing insurance for battery risks
Though complex, digitalisation offers insurers growth opportunities
Digital trading platforms can boost efficiency for insurers
Life & health
Tough decisions ahead for life insurers
Commitment to fostering a thriving lifestyle for all
Malaysia
Malaysia's insurance regulator keeps pace with technology
Malaysian regulation tightens as insurance industry rebounds
Encouraging results from Malaysian life despite challenges
Malaysia: Takaful growth fuelled by EVs and ageing population
Flood still a big concern for Malaysian reinsurers
Malaysia: Motor to dominate general insurance
Insuring new energy vehicles in China can be sustainable
Geographic expansion of a Chinese insurance platform
Australian agriculture insurance grows in importance
Insurance affordability a lingering issue for Australian consumers
Indonesia's takaful operators see a healthy future
South Asia is largely unchartered territory for takaful
The practicality of AI in insurance
AI avatars could be a game-changer in APAC insurance claims
View from India - AI for better customer experience and fraud detection
Training and development
The role of AI in insurance training and development
Insurance training for AI
Demystifying AI in insurance
How InsurTechs, reinsurance brokers and insurers make staff AI-proof
New skills for insurance employees adapting to AI
Creating an understanding of AI in insurance
Climate crisis between APAC insurers and reinsurers
Technology that could change Asia-Pacific insurance
Asian
Australia: Super funds show only incremental progress in measuring retirement income strategies
China: Floods lead to insurance claims exceeding $335m
India: Insurers call for tax changes to increase market penetration
Singapore Reinsurers' Association elects new EXCO, unveils new logo and website
Singapore: Private health insurers in 'race to the bottom'
Taiwan: Fourth phase of localisation and transitional measures for ICS adoption
Sun Life Singapore introduces life insurance plan for HNW and UNNW clients
Australia supermarket giant ALDI launch insurance products
AXA Hong Kong and Macau launches new CI series
FWD Life Philippines launches new investment-linked insurance product
Manulife Malaysia launches health insurance for Gen Z
India's HDFC ERGO and global communications company Truecaller partner to launch fraud insurance
People on the move
REINSURANCE - SIRC Connect
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MARKET PROFILE - Malaysia
As the Malaysian insurance industry begins to see financial improvement, Bank Negara continues to enhance customer experience and industry digitalisation with a series of new measures.
AI - Training and development
The fear of AI in the workplace is a reality of our times and so education is critical in understanding the biases around this topic.
Financial services have been paper-based businesses from day one – and the insurance sector offers prime examples of some very successful paper-based businesses.
Asia remains the focus of the world’s attention in terms of economic growth. We caught up with Hannover Re’s Mr James Ng to find out where the business opportunities lie in Asia.
The mid-year reinsurance renewal period has continued to consolidate the positive trends of 1 January and 1 April, which leads experts to forecast a competitive reinsurance market come 2025.
As the (re)insurance conference season for 2024 starts, Asia Insurance Review looks at what conferences offer and how participants can make the best of the available opportunity.
Extreme weather has wreaked havoc on the world’s agriculture industry, with periods of record heatwaves in India affecting the workforce.
Climate litigation cases are rising and courts are delivering pro-climate verdicts, which is a healthy sign. These could have profound implications for insurers.
Fire risks associated with the growing use of lithium and lithium-ion batteries in commercial and industrial areas can have grave consequences if strict safety protocols are not followed. The insurance sector needs to catch up with these new risks.
This year, Bank Negara Malaysia issued the licensing and regulatory framework for digital insurers and takaful operators, which would allow such entities to offer strong value propositions.
The Malaysian life insurance industry has been performing consistently, delivering promising results despite low penetration and surging medical claims.
There has been a surge in adoption of new energy vehicles (NEVs) in China but several factors are pushing up NEV insurers’ combined ratio beyond 100%.
An online insurance sales platforms is leveraging growth trends in the Chinese and Asian markets by enhancing its product customisation and integrated online and offline sales and service.
Agriculture insurance is becoming of ever-increasing importance as the issue of food security continues to remain near the top of national agendas.
Australian insurers have faced a range of pressures since the onset of the global pandemic, including elevated inflation, rising catastrophe-related claims and skyrocketing reinsurance costs.
The recent update to equity requirements for (re)takaful operators in Indonesia could create a healthy and competitive environment for the industry.
South Asia, with four Muslim majority countries, offers scope for the growth and development of takaful.
There are many steps before a company can begin to implement AI in a cohesive way, from integration to data handling to security.
In Asia, where the claims process is still heavily reliant on manual processes, AI avatars could offer policyholders fast and effective customer support.
An InsurTech platform in India has adopted AI to give customers better service and detect fraud.
Speakers at the 20th Asia Nat CAT and Climate Change Summit 2024 discussed the role of insurance in securing against climate change and natural disasters.
From changing the way risk is evaluated and priced in climate change, to initiating an evolution of regulations when it comes to data privacy, there is no doubt that technology will change the insurance industry in APAC.
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are calling on superannuation trustees to boost efforts to track and measure the impact of their strategies to improve retirement...
Insurance companies in China in eight regions have received a total of 81,300 claims arising from the current major flood season.
Insurers are lobbying for more tax incentives from the government ahead of the delivery of the 2024 Budget, scheduled to be read on 23 July 2024. The insurers want to increase the appeal and affordability of insurance offerings through tax...