Volatile markets again
Reinsurers manage profitable second quarter
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
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
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
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
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
Actuaries on AI
Responsible AI and workforce upskilling imperative for insurers
Understanding the nuances of generative AI
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
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
People on the move
MARKET PROFILE - Hong Kong
CHINA
Last August, the bancassurance channel in China blazed the trail by implementing ‘reporting consistency’. By February this year, the brokerage channel had followed suit. Now, the individual insurance channel is poised to adopt the same...
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MARKET SPOTLIGHT - Australia
Australia’s insurance landscape is undergoing the same change that is shaping the business community at large – recognising the importance of indigenous peoples as custodians of the land.
MARINE, HULL, AVIATION
While marine insurance was the original form of insurance, the industry has changed greatly since then.
The Australian and New Zealand Institute of Insurance and Finance’s latest short course focuses on delivering good outcomes for vulnerable customers.
Many in the insurance asset management sector have been growing increasingly sure that a market downturn – particularly in equities – was on the horizon.
SCOR, Munich Re and Hannover Re released their Q2 results in early August, continuing to display strong performance in P&C. However, SCOR found its life portfolio falling behind.
Is the recent suggestion by the Indian finance ministry to public sector general insurers to exit loss-making motor and health portfolios feasible?
The global IT outage across the world on 19 July 2024 could turn out to be the largest single insured loss event for the cyber insurance industry thus far.
Pakistani farmers have the burden of not having access to risk solutions that are consistent with their faith. Takaful products are poised to take the edge off these hardships.
Asia Insurance Review caught up with Insurance Authority’s Mr Clement Cheung to talk about re-domiciliation and the new risk-based capital regime for Hong Kong.
Life insurance in Hong Kong continued to show credible growth in 2023, which has carried through into 2024. A supportive regulator and the growing band of customers from mainland China have played a major role in this story.
While Hong Kong’s economy and insurance industry are in a state of recovery and growth, the people of Hong Kong are not doing as well.
While the marine insurance industry faces myriad risks, from Russia president Vladimir Putin’s invasion of Ukraine to the conflict in the Red Sea, the dynamic sanctions environment that transcends jurisdictions and requires robust due...
Aviation reinsurance is a critical and integral part of the aviation marketplace, providing crucial support to aviation (re)insurers.
There are several reasons why new energy vehicle manufacturers in China are keen to jump onto the insurance bandwagon.
Madrid-headquartered MAPFRE RE is set to open its branch in Beijing after it received approval from the National Financial Regulatory Administration.
A company’s culture is the heartbeat of a workplace. It’s the unique blend of values, beliefs and behaviours that shape how we, as employees, connect, perform and navigate business.
The Institute and Faculty of Actuaries held its latest Asia conference in late July in Guangzhou, China.
In recent years, the insurance industry in India has increasingly digitalised data, enhancing AI-driven models. Insurance companies are developing AI models for claims adjudication, risk-based pricing, fraud detection and customer service.
Insurers have been scrambling to implement AI and keep ahead of the curve of ChatGPT and other generative AI models, with varying degrees of success.
Cyber incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies in Australia in 2024, according to the Allianz Risk Barometer 2024, the 13th edition to date. Cyber risk dislodges natural catastrophe...
Life insurance companies are planning to seek a three-month deadline extension from the regulator on the implementation of surrender value rules.
Insurers are seeing rapidly growing demand for heat-related illness coverage in the sweltering summer and are offering flexible insurance plans that are easy to purchase.