Insuring digital assets
SIRC Connect
Reinsurance, rates and revolution come to Singapore
Typhoons to cost insurers millions of dollars in claims
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
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
Over half of China's life intermediaries face the axe over reporting consistency
Critical illness insurance in China is critical
Australian insurance industry winners' night of celebration
Is AI in insurance a trend or a transformation?
Using AI in a human-centric way in insurance
India's insurance industry embraces AI
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
Captives can support diversity, equity and inclusion
Creating an inclusive environment in insurance
LGBTQ+ support networks flourish within insurance industry
Insuring against climate change
Exploring Sri Lanka's insurance potential
AI empowering actuaries to drive change
Demand outstrips supply for digital asset insurance
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
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
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
People on the move
CHINA
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MARKET PROFILE - Indonesia
After a trying few years which featured large claim payouts on the part of reinsurers, Indonesia’s reinsurance industry is looking to improve its stability and sustainability.
MARKET SPOTLIGHT - Greater Bay Area
Implementation of policies such as the unilateral recognition insurance policy in the GBA means that insurance purchased for cars in Hong Kong and Macau are recognised in mainland China.
The life insurance industry in Indonesia has evolved in response to the increasing and diverse needs of customers, particularly for health insurance. As the cost of healthcare rises, customers need additional health protection from private insurers.
It has become part of the folklore of modern societies that Gen Zs represent the next stage of evolution of the human race, and this could have a profound effect on the insurance industry.
Singapore is once again bracing to receive the global and regional leadership of the reinsurance sector for intense discussions and relaxed networking at one of the most important industry events of the year as the SIRC looms on the horizon.
Typhoon Gaemi and super typhoon Yagi that battered East and South East Asia and parts of China in July and September this year caused billions of dollars in economic losses and triggered massive claims.
Several factors hold back the growth of takaful, although it has a number of positives that can give conventional insurance a run for its money.
Insurance captives can be an excellent medium for bringing in better risk management, innovative insurance products and promoting more professionalism.
A dissection of Meiji Yasuda Life’s proposed acquisition of American Heritage provides insights into modern insurance M&A.
Indonesia’s life insurance industry holds immense potential, fuelled by a growing middle class and rising insurance literacy.
Intermediaries in the life insurance sector are reportedly facing major disruption due to the recent reporting reform, with severe repercussions on premium income.
Critical illnesses (CI) in China are increasing while more young Chinese are increasingly falling prey to CIs. Insurance premiums for CIs are also increasing and this is negatively impacting the number of CI insurance covers bought.
It has become something of an annual pilgrimage for large swathes of the Australian insurance industry to converge on the Star Sydney in Pyrmont, New South Wales to take part in a gala event that recognises the winners of the Australian Insurance...
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.
AI can be used to help maintain mobility for people as they age, help insure automotive autonomous vehicles as well as in specialty insurance.
AI is rapidly transforming the insurance industry in India, improving consumer interactions, streamlining processes and boosting operational efficiency.
Protecting mainland China visitors by combating the unlicensed cross-boundary selling of insurance products is one of the ways in which Hong Kong’s Insurance Authority is ensuring smooth connectivity and business in the GBA.
As cross-border insurance normalises in the GBA, recent regulatory developments have laid the groundwork for cooperation mechanisms for communication and mediation.
Organisations can introduce better inclusivity and equity into their DNA by adopting the insurance captives route to manage employee benefits.
Diversity, equity and inclusion have been some of the most important values that helps an organisation attract and retain talent.
In recent years, the insurance industry has made significant strides in fostering an inclusive environment where LGBTQ+ employees are appreciated and supported.
Across Asia and around the world, the climate emergency poses a considerable risk and introduces new regulatory requirements for insurance companies.
The Sri Lanka International Insurance Summit 2024 featured an engaging lineup of speakers who shared invaluable insights on navigating challenging economic dynamics.
The 2024 Singapore Actuarial Conference focused on the challenges and opportunities for actuaries in insurance.
The standing committee of China’s top legislative body, the National People’s Congress, earlier this week reviewed a draft decision of the Communist Party on gradually raising the statutory retirement age, the Xinhua News Agency reported.
Global reinsurance giant, Hannover Re, anticipates prices and conditions to remain on a sustained stable level for treaty renewals in property and casualty reinsurance as at 1 January 2025 and anticipates a balance of supply and demand in most...
Beazley’s recent survey of 3,500 global business leaders has revealed that despite the growing risk landscape, only 24% of executives based in Singapore ranked cyber as their top risk this year.