The gig economy comes to insurance
Making sense of a hard marine market
Personal cyber insurance - an inevitable reality?
Nat CAT
Nat CAT will become more complex
Parametric insurance comes of age
Flood insurance and flood risk in China
Life & health
Income protection plans in India
Leading the way in green insurance
Thailand
Great regulatory change in Thailand
Preparing for a better year
Digital channels grow, agents hold their own
Online insurance race heats up
New capital bond rules will help insurers
Patchy performance for Thai reinsurance
Think Tank
Regulatory considerations for digital insurance business models
Identifying carbon transition-ready bonds
A new world of emerging risks
View from India
A government actuarial department for India
Combining adviser relationships with technology
Building a multi-pillar pension insurance system
Shaping a relatively new private health system
The growing role of MGAs in Asia
The future of work
Gig insurance: A challenging market primed to take off
Transitioning to a hybrid work environment
Infographics: Insights from the industry
Asian
China: Online life business grows by 13.6% in 2020
Indonesia: Life association optimistic of double-digit growth this year
India: Govt plans to increase authorised capital of LIC by 2.5x to prepare for IPO
Malaysia: Insurers' top line most affected by COVID-19
Risk
COVID-19 vaccines for sale on the black market
COVID-19 vaccine-related phishing attacks up by 26%
Product Bites
People on the move
MANAGING GENERAL AGENTS
NOTEBOOK - The future of work
Workers in the gig economy have historically been underserved in terms of financial protection and face risks not normally found in traditional employment. But events over the last year have put a spotlight on the sector, highlighting it as an area...
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INSURANCE – GENERAL
Marine insurers need to transition to a more efficient operating model through a more scientific and data-driven approach.
INSURANCE – GENERAL - Nat CAT
The evolving risk landscape in Asia, compounded by hardening market conditions and a widening Nat CAT protection gap, have motivated the growth of innovative risk transfer alternatives.
GREEN INSURANCE
It is vital that corporations recognise the importance of not only having a ‘green’ strategy but implementing it well.
REGULATION - Think Tank
The COVID-19 pandemic and subsequent lockdowns have forced many insurers to accelerate the transition to digital business models. However, the crisis also highlighted the critical role played by national regulatory frameworks in both hindering and...
DIGITAL TRANSFORMATION
The merger of Singlife and Aviva Singapore is a story of transformation that involves digital, culture and smart thinking. We spoke to Aviva Singlife’sMr Walter de Oude to get the inside track on what such transformation really involves.
The concept of business disruption caused by outsourcing is hardly new. Until recently workers in the insurance sector may have believed that they were relatively immune. But the truth is that insurance seems to lend itself rather well to more...
With the rise of cyber attacks due to the circumstances brought about by COVID-19 – the risk of getting personal data stolen or exploited is higher and the effects could bleed into work – or vice versa.
Between September 2019 and March 2020, bushfires affected the entire continent of Australia. We look at what the ‘black summer’ means for Australia.
The COVID-19 pandemic presented huge challenges for many individuals and households. Is the market ready for income protection plans?
Thailand’s insurance regulator would have to be one of the most active in the region – constantly looking for ways to make sure that the insurance landscape is fair and relevant. We spoke with the Office of Insurance Commission’s...
Thailand is expected to see a recovery and slight growth to the economy in 2021, a welcome development following the tough year that COVID-19 brought.
Poor financial performance aside, the Thai life insurance market saw a number of interesting trends emerge last year including a surge in digital sales.
How to identify and rank bond issuers based on their carbontransition readiness.
The Global Association of Risk Professionals held its annual convention in March, with risk managers across different industries discussing the challenges and solutions to the threats that businesses – and the world at large – face.
Plans are afoot to set up a government actuarial department for India.Asia Insurance Review spoke with a reinsurance actuary about how it could help the government, the insurance industry and society.
Will China’s public pension system be able to withstand the pressure being built up by the country’s rapidly ageing population, declining workforce, falling birth rates and improved longevity?
The private health insurance market in China is poised to maintain its strong growth in the next few years, particularly with digital health solutions continuing to gain traction.
All the runes are suggesting that the early part of this decade is going to see a surge in interest in managing general agents around the globe but particularly in Asia.
Some businesses may have stumbled across remote working in the past year but the future of work will be characterised by a hybrid workforce and workplace, with telecommuting and AI set to become mainstays.
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...
Online life insurance business maintained steady growth in 2020, with a total of CNY211.1bn ($32.6bn) in premiums, a year-on-year increase of 13.6% compared to 2019, according to data released by the Insurance Association of China (IAC) based on...
The Indonesian Life Insurance Association (AAJI) is expecting life premium income in the country to expand by double digits this year.
The government has proposed to increase significantly the authorised capital of the country’s biggest life insurer, Life Insurance Corporation of India (LIC), to INR250bn ($3.4bn) to facilitate its public listing scheduled for the next fiscal...