The 'must-attend' industry events
Life & health
Life insurance: A noble business
Think Tank: The Geneva Association - Impact of marketing on Taiwan's life insurance industry
151-year-old seeks scrappy start-up for mutual benefits
Working towards better benefits for employees
Genetic testing - an opportunity to improve patient experience
General
Agriculture insurance needs a technology makeover
Cresting the next technological wave
Distribution
Aviation growth in Asia: New technology and rising claims costs
Future proofing talent in the insurance industry
Rethinking risk in a time of climate change
Risk and the workforce of the future
Achieving viable disaster-risk financing
Polygenic risk scores: Quantifying the inheritability of common diseases
View from India
Short spells of extreme rainfall cause more damage
Reinsurance realities in China
Agriculture insurance is transforming in China
A more open China: Still a hot potato?
Malaysia
Challenges and headwinds
Stable and primed for growth
Energising a static market
Taking takaful to the people
Takaful tribulations
InsurTech: Challenges of online distribution
Women in insurance
Diversity and inclusion in the insurance industry
Artificial intelligence in insurance
Asian
Asia: Composite pricing shows biggest increase in 5 years
Australia: Insurers need more than robotics process automation
Bangladesh: Insurer introduces country's first online motor policy
Cambodia: Premium growth forecast to exceed 30% this year
Hong Kong: Insurance regulator's delegation of powers to HKMA starts on 23 September
India: Govt insurers face capital pressure under RBC framework
Indonesia: Govt is cautious over plan for insurance holding company
Japan: Scandal at postal insurance company widens
Malaysia: Finance ministry says national health insurance scheme is non-profit
New Zealand: 8 in 10 Kiwis personally worried about climate change
Philippines: Govt declares national dengue epidemic
South Korea: Non-life insurers hiking marketing fees
Singapore: Unique insurance market conditions enable new players to succeed
Taiwan: Cathay Financial to raise funds for insurance arm
Thailand: Regulator to overhaul insurance product approval process
Vietnam: Upbeat outlook for insurance market
China
Foreign-owned life insurers see profits surge over last 2 years
Top three P&C insurers command two thirds of market in 1H
Six in 10 mainland Chinese consumers prefer digital insurance channels
Global
Price hike for global insurance
Global M&A activity at highest level in four years
Risk
(Re)insurance to look at governments and capital markets to boost cyber risk capacity
Infographics: Revealing insights from insurance industry leaders in Asia
Product Bites
People on the move
CHINA
Buy Now
COUNTRY PROFILE - Malaysia
Malaysia’s takaful industry has continued to grow at a slow and steady pace, and efforts are being made to increase takaful penetration within the community.
INSURANCE - Life & health
Some view it as an emerging risk for the (re)insurance industry while others see it playing an important role in patient care and disease management.
Investigating the impact of marketing channels on the corporate reputation and profitability of life insurers based on the evidence of bancassurance in Taiwan.
RISK
Significant and rapid progress in genetics research and data analytics is currently enabling an unprecedented expansion in science’s understanding of the genetic underpinnings of rare and common diseases.
TECHNOLOGY
Breakthroughs in AI technology over the last few years have opened up many new and exciting possibilities.
September has come with all the uncertainties that this summer has unleashed upon the world economy. The interconnectedness of the world has created more chaos and confusion, sometimes hurting the innocents in Asia and from so far away too. As a...
The second half of the year is always a little frantic as reinsurers and insurers flit around the globe transacting business and endeavouring to squeeze some extra hours into the day. We take a look at some of the places that reinsurers need to be...
The inaugural Agency Innovation Conference took place in Bangkok, Thailand in July with the theme of ‘Thriving in the Digital World’.
Once upon a time we had ‘creative destruction’ and believed it was an integral part of the economic structure. Today, we have another buzzy term for it: Disruptive innovation.
The 2019 edition of the Global Risks Report identified natural disasters, extreme weather events, and failure of climate change mitigation and adaptation as the top five risks facing our world.
Many industries are facing a ‘skills gap’ as experienced workers head into the sunset of retirement, with some believing that technology can only partially replace such know-how.
The Institute of Catastrophe Risk Management (ICRM) held its 10th annual symposium in August, discussing successes and challenges in disaster-risk financing efforts across the globe.
Opportunities abound for reinsurers in China in areas as diverse as health, agriculture and infrastructure. Swiss Re China’s John Chen discusses the realities behind doing business in China and building scalable returns.
China’s agriculture insurance continues to grow rapidly and is likely to stabilise at 10-15% in the years ahead. China is also piloting new agriculture insurance schemes such as special crop and livestock insurance, price insurance and revenue...
Since April last year, the speed and intensity of China’s insurance market opening up has far exceeded expectations. Recently, the State Council announced 11 more measures for opening up the financial industry, many of which involve insurance.
The Malaysian general insurance sector has seen declining growth over the past few years. Gross written premiums for 2018 registered a 1.5% increase over 2017, to stand at MYR17.198bn, whilst the general takaful sector registered growth of 8.9%.
National reinsurer Malaysian Re discusses how the market is holding its own amid a challenging business environment.
As in a few other Asian countries, the life insurance industry in Malaysia is facing the issues of low penetration rates, digital disruption and changing demographics.
Women are often seen as a positive tick on the human resources diversity scale, but they are not seen as the leaders of the pack. Hanover Stone Solutions’ Dr Joanne Stone Morrissey shares her views.
Insurance pricing in the second quarter of 2019 in Asia increased by nearly 4% year-on-year, the largest composite increase in the region in five years, according to Marsh’s Global Insurance Market Index 2019 for the second quarter of this...
Insurance organisations need to begin to integrate tools other than robotics process automation (RPA) when it comes to differentiating themselves from competitors in smart automation, according to IAG automation evangelist Probir Dutt.
Publicly listed Nitol Insurance has introduced a car insurance policy that can be bought online, the first such product in Bangladesh.
Every week, Asia Insurance Review surveys its readership to glean insights into the big issues that confront leading executives in insurance and reinsurance in the region. The results of our surveys are published in the form of a series of...