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Life industry on a roll
The life insurance industry in India, consisting of 24 companies, has seen robust growth in 2017, backed by new business models, better products, customer centric technological initiatives along with a growing trend of personal savings in India. The industry is poised for higher growth in the second half of the current financial year and private insurers are expected to lead the charge. We speak to Mr Amitabh Chaudhry, MD & CEO, HDFC Life, on some of the issues the market is grappling with and what the future holds for the industry.

Source : AIR | 01 Jan 2018
Indian non-life insurance industry: Performance and potential
The Indian insurance industry has been on a roll for the last 17 years. It is now on a threshold to make the big jump into the super league. Mr R Chandrasekaran of General Insurance Council of India outlines what the non-life insurance industry has achieved over the years and what remains to be tapped.

Source : AIR | 01 Jan 2018
Which will win, cybercrime or cyber insurance?
Rapid digitalisation and growth of online culture in India has also brought in sophisticated cybercrime. Asia Insurance Review speaks to Mr Sasikumar Adidamu, Chief Technical Officer, Bajaj Allianz General Insurance, to understand how insurers can play an important role in developing a comprehensive cybersecurity framework, including cyber insurance, to tackle cybercrime.

Source : AIR | 01 Jan 2018
Digital transformation in Indian insurance
Can the online model be a panacea for tapping the untapped insurance potential and eliminating insurance distribution bottlenecks in India? We speak to two new-age insurers to understand more about the digitalisation of the Indian insurance landscape.

Source : AIR | 01 Jan 2018
"I go for people over product," says InsurTech investor
Investors get pitched a lot of ideas from InsurTech aspirants but it is the people and not the ideas put forward that wins the day, said Mr Tony Hobrow, CEO of VenturesOne Asia.

Source : AIR | 01 Jan 2018
Insurance comes to life for consumers
Asia Insurance Review speaks to both consultants and carriers on the type of changes that the life insurance industry in Asia will continue to experience into 2018.

Source : AIR | 01 Jan 2018
General insurance - in their own words
Bridging the protection gap, underwriting risks at the right price and making insurance simpler and empathetic is what the Indian general insurance industry is looking forward to in 2019. Asia Insurance Review spoke to some Indian general insurance CEOs about their agenda for 2019.

Source : AIR | 01 Jan 2019
A market ripe for InsurTech pickings
InsurTech is making rapid progress and fuelling massive investments into start-ups that are now changing market dynamics.

Source : AIR | 01 Jan 2019
The incumbent vs the disruptor: How much has changed?
Has the entrance of InsurTech startups in Singapore changed significantly the way insurance is transacted? PolicyPal’s Ms Val Yap and lnfinity Wealth Management’s Mr Poh Choon Kia share their views.

Source : AIR | 01 Oct 2017
Finalists of Hong Kong Insurance Awards 2017
The Hong Kong Federation of Insurers (HKFI), the organiser of the Hong Kong Insurance Awards 2017 has announced the top three finalists for each of the 15 categories of the Awards.

Source : AIR | 01 Oct 2017
World's first marine insurance blockchain platform launched
EY and Guardtime has announced the world’s first blockchain platform for the marine insurance sector. The platform was launched in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a 20-week proof of concept.

Source : AIR | 01 Oct 2017
Disrupting the CIO
The role of the Chief Information Officer was brought into question at Asia Insurance Review’s 6th CIO Technology Summit. He now needs to be an instigator, an integrator and an innovator.

Source : AIR | 01 Oct 2017
Online insurer courts pharmacy network in strategic partnership
While tackling the protection gap must progress with today’s digital trends, U for Life General Manager Kenny Thing says insurers must not overlook conventional touchpoints as well.

Source : AIR | 01 Oct 2017
First Malaysian InsurTech Collab Takes Off
KATSANA is on a roll, recently inking MoU with several insurers including Allianz Malaysia, Axiata Business Services and both Etiqa Insurance and Etiqa Takaful, to collaborate on boosting the adoption of usage-based insurance (UBI) in Malaysia. Managing director and co-founder Syed Ahmad Fuqaha shares his plans with us.

Source : AIR | 01 Oct 2017
Insurance in the time of disruption
Mr Abhishek Bhatia of FWD Singapore says our industry is on the edge of itself where evolving technology and changing consumer behaviour is reshaping how we do business.

Source : AIR | 01 Oct 2017
B3i expands with new members joining its prototype Market Testing phase
The Blockchain Insurance Industry Initiative B3i announced the expansion of the group, with 23 new entrants joining its Market Testing programme. This follows the successful launch of a working market testing prototype at the Monte Carlo RVS conference this year.

Source : AIR | 01 Nov 2017
Singapore: DBS Bank lays path for instant claims payment
DBS Bank, the largest banking group in Singapore and Southeast Asia, recently shared insights on how the insurance claims experience could be transformed with instant claims payments – through leveraging on its new API named DBS IDEAL RAPID.

Source : AIR | 01 Nov 2017
Evolving to stay relevant
Mr Joseph Kwok of Financial Planning Association of Singapore (FPAS) looks at the need for financial planners to stay relevant as customers become more tech savvy and sophisticated in their protection planning needs.

Source : AIR | 01 Nov 2017
InsurTech Fever Hits Japan
There is plenty of room for new and disruptive tech in Japan’s insurance industry, particularly in the health space, as the market grapples with a rapidly ageing population and a rising trend of obesity. The InsurTech Japan Roadshow, organised by InsurTech Asia Association in October, brought a cluster of eight InsurTech start-ups – from across Australia, Belgium, Canada, Germany, Singapore, Taiwan, UK and the US – to Tokyo for a deep dive discussion on the opportunities that these new-age disruptors present. Here are some key takeaways.

Source : AIR | 01 Nov 2017
Rainy days ahead for life and health insurers: Is the industry in need of a new 'protection umbrella'?
There is a need to reform the life and health insurance sectors. Mr Thomas Dijohn of dacadoo emphasises digitalisation and its use to engage policyholders and incentivise them to lead healthier lives.

Source : AIR | 01 Nov 2017
Insurance behemoth rolls with the times
Chinese giant Ping An Group is synonymous with innovation and progress in the industry. In this exclusive, Executive Vice President and Chief Insurance Business Officer Lee Yuansiong shares tips on blazing the innovation trail.

Source : AIR | 01 Nov 2017
Innovation in insurance: Are we doing enough?
Innovation is considered the only insurance against irrelevance. Yet, the insurance industry appears to be taking its time with innovation, while other industries – from transportation to retail – have been moving full steam ahead. Are insurers taking their own industry for granted? Mr Kenneth Koh, Director of Insurance for SAS’ Global Industry Practice shares his views.

Source : AIR | 01 Nov 2017
Technology and talent can transform FAIR-Land
The 25th FAIR Conference in Bahrain lists innovative use of technology and development of talent as insurance industry’s top priorities in battling emerging risks.

Source : MEIR | 01 Nov 2017
UAE: Financial comparison website raises $10 mln
UAE-based comparison site Souqalmal.com has raised US$10 million in a series B investment round. The funding will largely be used to launch new business lines, develop its platform’s technology, and invest in marketing to further raise awareness and reach more people.

Source : MEIR | 01 Nov 2017
Blockchain initiative B3i adds 23 new members, including 3 from MENA
The Blockchain Insurance Industry Initiative B3i has expanded with 23 new members, including three companies from MENA – SAHAM Assurance, Takaful Emarat and Trust Re – which will help with B3i’s upcoming market testing programme.

Source : MEIR | 01 Nov 2017
UAE: Takaful Emarat in strategic tie-up with InsurTech firm
Dubai-listed life and health takaful provider Takaful Emarat has announced a strategic long-term alliance with Bayzat, a rapidly growing UAE-based technology business that provides innovative insurance and HR solutions.

Source : MEIR | 01 Nov 2017
InsurTech: Hype or Substance?
Whether InsurTech is hype or substance remains to be seen. Particularly in Asia, the value that disruptors bring largely depends on the respective markets’ needs, says Mr Stephen Goldstein, Country Director of US Pivot Ventures, on the sidelines of the InsureTech Connect (ITC) 2017. Here he shares some of the key takeaways – from the world’s largest InsurTech gathering of technopreneurs, investors and insurance industry incumbents – that can be applied to the InsurTech ecosystem in Asia.

Source : AIR | 01 Nov 2017
AIA introduces Hong Kong's first blockchain-enabled bancassurance network
AIA Hong Kong has announced a new blockchain solution that enhances customer experience and improves efficiency for its bancassurance operations. The solution, co-developed with its bank partners, is the first instance of blockchain technology being deployed in a bancassurance partnership in Hong Kong.

Source : AIR | 01 Dec 2017
Regulator sets in place plans for Singapore to be a global capital for Asian risk transfer
The Singapore authorities is stepping up the buzz in an already burgeoning insurance industry with a slew of initiatives announced last month, including strategies for the Lion City to be a global capital for Asian risk transfer.

Source : AIR | 01 Dec 2017
Amazon continues push into European insurance market
Tech giant Amazon is recruiting insurance professionals in London to join a new team looking to disrupt the insurance market in the UK, Germany, France, Italy, and Spain, said GlobalData, a data and analytics specialist.

Source : AIR | 01 Dec 2017
BOT or not? - AI and the future of Singapore's Insurance Industry
The world of life and health insurance is poised on the edge of a potential revolution, thanks to advancements in AI. With a healthy dose of human intuition, logic and imagination, this will be a brave new world of exciting possibilities for customers, says Mr James Tan, CEO of Tokio Marine Life Singapore (TMLS).

Source : AIR | 01 Dec 2017
53 years, 53 countries, 265 members, 25th Conference - that's FAIR Land!
Soft insurance markets, low investment returns and rapid advent of digitalisation were some of the issues discussed at the recent 25th FAIR Conference. We bring key highlights.

Source : AIR | 01 Dec 2017
Insurers and InsurTechs - A symbiotic partnership
Asia Insurance Review speaks to four leading Indian InsurTech companies to find out how they define their role in the Indian insurance ecosystem.

Source : AIR | 01 Dec 2017
Reflecting on 2017, hoping on 2018
As we look back at 2017, what will you take from it? The past year is probably the most exciting one for the financial services industry yet, if we may say so ourselves. Despite the pool of plentiful insights gleaned from digital movers and shakers, we’ve seen both leaders and laggards; the latter, very much entrenched in legacy and preferring to stick with the “same old, same old” that have served them well since the start. But the question is: For how long more can the old model sustain, against the digital disruption at their doorsteps?

Source : AIR | 01 Dec 2017
Sharing the future of insurance
The advent of digital technology paved the foundation of the sharing economy. We canvassed three InsurTech startups for their views on the industry’s evolution and how it can stay sustainable.

Source : AIR | 01 Feb 2018
Staying relevant in digital China
While insurers in Asia and the rest of the world remain in various phases of disruption and tech adoption, China is without doubt the trailblazer in this space, leading the industry by a substantial margin. Asia Insurance Review caught up with China Pacific Insurance Company (CPIC) Group’s Chief Digital Officer, Mr Yang Xiao Ling, who elaborated on taking CPIC digital, on the sidelines of the InsurTech Innovation Congress, organised by SZ&W Group.

Source : AIR | 01 Feb 2018
Blockchain and insurance: Show me the customer benefit
There is a paradox with blockchain: Everyone is excited about it, but nobody is really sure how it should be used – experts from Simon-Kucher discuss.

Source : AIR | 01 Feb 2019
Successes and failures of blockchain proofs of concept
AIA has assembled a range of insight from testimonials, experience and aggregated intelligence and R3 has also amassed significant expertise. R3’s Kevin Rutter and AIA Group’s Georgio Mosis report.

Source : AIR | 01 Feb 2019
Asia: InsurTech investments surging strong
InsurTech funding in 2017 rose 36% from the year before to reach US$2.3 billion, according to the latest data published by Willis Towers Watson.

Source : AIR | 01 Mar 2018
Singapore: InsurTech newbie provides cover for Internet economy
Singapore-based InsurTech company Axinan is creating products that are easily integrated into online marketplaces and platforms. It is focused on building innovative, high frequency/low premium services for the Internet economy.

Source : AIR | 01 Mar 2018
New reinsurers are the flavour of the season!
Market participants in India have now transcended from finding the ideal reinsurance partner globally to having them in India itself! It is indeed ‘The New World of Reinsurance in India’.

Source : AIR | 01 Mar 2018
Look out for these what-if scenarios - WEF's 10 potential future shocks
The growing complexity and interconnectedness of our global systems can lead to feedback loops, threshold effects and cascading disruptions. Sudden and dramatic breakdowns – future shocks – become more likely, according to the Global Risks Report 2018 published by the World Economic Forum.

Source : AIR | 01 Mar 2018
Healthcare in Asia: A storm in the making!
Asia Insurance Review speaks to reinsurers, insurers, brokers, health evangelists and medical management solution providers to understand the healthcare problems in Asia and the way forward.

Source : AIR | 01 Mar 2018
Lloyd's: Seeking sustainable pricing for all
On the sidelines of the 11th India Rendezvous 2018 in Mumbai, Ms Inga Beale, CEO of Lloyd’s of London, shared with us her thoughts on the global (re)insurance markets, especially in emerging Asia, and their focus on achieving a sustainable pricing for all.

Source : AIR | 01 Mar 2018
Legacy versus digital insurers - the lines are blurring
Can ‘new’ insurers could do well enough to prompt incumbents to move away from the traditional tack.

Source : AIR | 01 Mar 2019
Going beyond ABC in Insurance
ZhongAn Technology CEO Chen Wei tells Asia Insurance Review why the industry should look beyond adopting new technologies such as AI, Big Data and Cloud Computing in silos.

Source : AIR | 01 Apr 2018
Closing the gaps in customer centricity
The insurance industry is being disrupted by the same big wave of change and innovation that has rolled through the communication, entertainment, tourism, and retail sectors. Insurers have traditionally focused on strengthening technical product capabilities, but new technology-led players are accelerating the pace of change the industry faces. Mr Axel Roesner of Generali explores.

Source : AIR | 01 Apr 2018
AXIS Re: Committed to Asia
AXIS Re combines the agility of a mid-sized company with the sophistication of a global player. Set up in 2001, it is now emerging as a serious player on the Asian reinsurance turf as well. Asia Insurance Review speaks with the new CEO of AXIS Re, Mr Steve Arora, to understand more about the reinsurer’s Asian commitment.

Source : AIR | 01 Apr 2018
Go Big (data) or go home
The 3rd Asia Conference on Big Data and Analytics for Insurance heard industry experts exchange insights aplenty from strategy and case studies, to recruitment and even a take glimpse at the next data frontier. Here are our top 10 takeaways.

Source : AIR | 01 Apr 2018
What's next for InsurTech?
Most insurance companies have now come to accept the importance of digital and have sought to incorporate some form of InsurTech as support and enhancement for their operations. But is it sufficient? Can the transformation agenda from analogue to digital progress purely by incorporating digital as a business support function? Or should the concept of integrating InsurTech look beyond the current paradigm of performance metrics and utilise new, forward-looking ones to allow digital as a separate business unit to be judged on its own worth?

Source : AIR | 01 Apr 2018
Actuaries - time to chart a new path
Revealing insights from the Institute and Faculty of Actuaries immediate past president Marjorie Ngwenya.

Source : AIR | 01 Apr 2019
Incumbents and InsurTech: A symbiotic relationship
Asia Insurance Review was recently at the ANZIIF Insurtech Conference in Sydney to get a sense of the emerging scene in Australia.

Source : AIR | 01 Apr 2019
Insurers need to flex their muscles in a digital and shared economy
Asia Insurance Review recently co-hosted a breakfast roundtable with DXC Technology where its Chief Technology Officer, Brian Wallace, discussed the theme of “Raising your Digital Insurance IQ” with an audience of regional executives.

Source : AIR | 01 Jun 2017
From International health insurance to InsurTech
The international private medical insurance (IPMI) industry is likely to see more change over the next five years than it has in the past 20. Mr Damian Delaney of Now Health International Group envisions what this digital revolution will be like.

Source : AIR | 01 Jun 2017
Winning the InsurTech game
The way in which insurers engage with InsurTech startups will be a major factor separating the winners from the losers, said speakers at Asia Insurance Review’s first InsurTech Summit.

Source : AIR | 01 Jun 2017
Non-life: Market, (un)disrupted
The disruption discussion has permeated every corner of the insurance world, and Taiwan’s market is no different. How much innovation has taken root? Are local insurers ready to face disruptors? Should regulations be relaxed? Market leaders share their views.

Source : AIR | 01 Jun 2017
Startup seeks to re-write tradition
Diabetic patients have traditionally been shunned by underwriters, but things are about to change – if they have not already started. Health2Sync’s proprietary platform empowers patients to manage their condition, while giving insurers a new way to assess risk and offer protection to a demographic previously considered uninsurable, says CEO Ed Deng.

Source : AIR | 01 Jun 2017
A simpler world of insurance
Asia Insurance Review speaks with Digit Insurance appointed actuary Adarsh Agarwal on its mission to create a new experience for neo consumers – a simpler world of insurance.

Source : AIR | 01 Jun 2018
Thailand: Regulator to set up platform to develop InsurTech
The Office of Insurance Commission (OIC) will set up and administer the Insurtech Centre of Thailand (ICT) soon for data collection, technology exchange and insurance product development.

Source : AIR | 01 Jun 2018
InsurTech hype gives way to reality
Insurance in Asia has come to a pivotal point as the much of the hype around disruptors has faded and the industry is now going through a self-correction phase.

Source : AIR | 01 Jun 2018
AI: Helping people become more human
Some have viewed companies’ adoption of artificial intelligence (AI) with reluctance, suspicion and fear of being displaced. But software startup Flamingo says the use of AI can make humans more hu-man with its efficiency outcome.

Source : AIR | 01 Jul 2017
Making InsurTech work for Life & Health insurance
Mr Yannick Even of Swiss Re discusses the impact InsurTech has on the industry with the focus shifting from merely helping insurers operate more cost-efficiently to integrating the right technology to enable the insurer to create better engagement with their customers.

Source : AIR | 01 Jul 2017
RegTech: The financial industry's new best friend?
RegTech has become one of the key areas to watch in 2017. This trend will continue in the months ahead, especially as insurers continue to discover its benefits, says Mr Henri Arslanian from PwC who highlights the five things you need to know about this trend.

Source : AIR | 01 Jul 2017
Regulation on FinTech must be future-proof - Insurance Europe
Insurance Europe has advised the European Commission to ensure that regulation on FinTech is future-proof and supportive of innovation that benefits consumers.

Source : AIR | 01 Jul 2017
AIG pilots first multinational insurance policy using blockchain
American International Group Inc (AIG), together with IBM and Standard Chartered Bank plc, have successfully piloted the first multinational, “smart contract” based insurance policy using blockchain, a distributed ledger technology.

Source : AIR | 01 Jul 2017
MetLife announces Uniphore as winner of collab
Uniphore, a speech recognition solutions company, has been named as the winner in LumenLab’s inaugural corporate-startup engagement programme, collab.

Source : AIR | 01 Jul 2017
Delivering real solutions through innovation
Ms Regine Lai, Managing Director of Insurance Republic, is a Singaporean who has made her entrepreneurial mark across Asia and Europe over the last 10 years; specialising in brand consulting for retail, banking & finance and insurance entities. She recently led the launch of Insurance Republic’s new app, my-insurer.

Source : AIR | 01 Jul 2017
Taiwanese start-up makes underwriting diabetes easier
Founded in Taiwan in 2013, Health2Sync’s data analytics provide unique insights on diabetics which could help insurers underwrite more tailored policies.

Source : AIR | 01 Jul 2021
MSIG: Speed in the hour of need
MSIG Asia CEO Alan Wilson says helping customers when they are most vulnerable is key and is what runs through the insurer’s DNA. He explains how the company’s latest digital initiative promises haste in its claims service, so its insureds may be relieved of unnecessary stress in the wake of an accident.

Source : AIR | 01 Aug 2017
Milestone development: InsurTech Asia Association launched
A new dedicated InsurTech Asia Association is being launched to mark a milestone development in the regional insurance market.

Source : AIR | 01 Aug 2017
Asia: CIOs to forge ahead on InsurTech battleground
The rise of InsurTech has led insurers to change their approach to managing business. The large incumbents face competition from startups springing up across the globe, and need to decide whether to accept them as partners or rivals.

Source : AIR | 01 Aug 2017
Hong Kong: New regulator to streamline rules to boost FinTech
The Insurance Authority (IA), which started operations on 26 June, will actively consider the streamlining of existing regulatory requirements, including the application of the concept of a “sandbox”, to help reduce the lead time for the launching of FinTech products.

Source : AIR | 01 Aug 2017
Thailand: Online car insurance broking startup targets US$3 bln premiums in 1st year
Carpool Insurance Broker, a Thai InsurTech firm, is aiming for THB100 million (US$3 million) of premiums during its first year of operations.

Source : AIR | 01 Aug 2017
Interview with the Regulator: Engaging disruption to benefit the industry
In this exclusive interview with Dr Suthiphon Thaveechaiyagarn, Secretary-General of the Office of Insurance Commission (OIC), Thailand, he gives an in-depth view of the insurance industry today and shares that the OIC is focused on technological innovation which he firmly believes will bring benefits to consumers and the whole industry.

Source : AIR | 01 Aug 2017
Are there bubbles in Zhong An Insurance's IPO?
After prolonged speculation of Zhong An Insurance going public, the InsurTech unicorn has finally made a move. The online insurer formally filed for an IPO in the Hong Kong Stock Exchange on 30 June and the news has garnered much attention from not only the insurance community, but also the wider financial services industry, observes Chinese InsurTech platform InsurView.

Source : AIR | 01 Aug 2017
InsurTechs in China - A promising scenario
In China, both InsurTechs and traditional insurers are leveraging digital technology to tap unexplored areas to bring better and specialised insurance services to customer and boost China’s insurance penetration.

Source : AIR | 01 Aug 2018
InsurTech: Not revolution but evolution
They create a better experience for insurance customers by catalysing innovation and technological advancement in the insurance industry. We speak to an incumbent insurer and an InsurTech to get a balanced view of the true potential of Insurtech.

Source : AIR | 01 Aug 2018
India: Future Generali delivers policies via WhatsApp
Future Generali India Insurance (FGII) said that it has begun to deliver insurance policies via WhatsApp, becoming the first general insurer in India to adopt this channel.

Source : AIR | 01 Aug 2018
Japan: Mitsui Sumitomo taps AI to analyse creditworthiness
Mitsui Sumitomo Insurance will analyse companies’ financial statements with artificial intelligence (AI) in tests aiming to reduce the time it takes its employees to assess firms’ creditworthiness, reported The Mainchi.

Source : AIR | 01 Aug 2018
South Korea: Insurers wary of providing coverage for crypto exchanges
Insurers in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country, despite the country being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business. The spate of crypto crimes in exchanges appears to have pushed insurance companies onto the back foot, according to a report on ZyCrypto, a cryptocurrency website.

Source : AIR | 01 Aug 2018
Hong Kong: Startup app firm targets agents & advisers
Startup insurance app CoverGo said it has built up a pool of agents, brokers and financial advisers who are using the app, who in turn deal with over 30 insurance firms.

Source : AIR | 01 Sep 2017
InsurTech and the customer promise
How can InsurTechs evolve to deliver on their promises to customers? Ms Lerk-Ling Chang of Guidewire Software explores.

Source : AIR | 01 Sep 2017
The incumbent vs the disruptor: How much has changed?
With the entry of InsurTech startups in Singapore, has the way insurance is transacted been altered significantly? What does disruption bring for the traditional advisory model and will the industry see InsurTechs replace face-to-face selling? PolicyPal founder Ms Val Yap and local advisory Infinity Wealth Management Senior Financial Services Director, Mr Poh Choon Kia share their views in this exclusive dialogue.

Source : AIR | 01 Sep 2017
Are you ready for the insurance world of 2025?
More insurers are recognising the importance of cognitive technology. But what are the five basic questions to be asked before starting this journey? Mr Kenny Hay of IBM ASEAN offers the answers.

Source : AIR | 01 Sep 2017
Loss of Indian science was a gain for the Indian insurance industry
Asia Insurance Review caught up with Mr Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance Company, who was recognised as a LinkedIn Power Profile for the third consecutive year – a hat trick! In this exclusive, the insurance stalwart shares his thoughts on a variety of issues including digitalisation and building good corporate culture.

Source : AIR | 01 Sep 2017
Hearty hopes for life
Like the general insurance sector, Malaysia’s life market is undergoing change. However, while the general sector reported sluggish growth, local life insurers fared relatively well in 2016, with new business premiums rising by 6.9% to MYR9.75 billion (US$2.3 billion). LIAM President Toi See Jong and AIA Bhd CEO Anusha Thavarajah take stock of the industry and share their insights on its future direction.

Source : AIR | 01 Sep 2017
General insurance: In for DyNAmic changes
Malaysia’s general insurance sector reported sluggish growth for a second year running, stalled largely by economic headwinds. But insurers are unfazed as they set their sights on embracing market liberalisation and disruption, while noting the market needs to dig deep and transform from within.

Source : AIR | 01 Sep 2017
India: Picture-based loss assessment need of hour for crop insurance
The way forward to making crop insurance more of a success in India may lie in advanced methods such as picture-based loss assessment accurately to determine beneficiaries International Food Policy Research Institute (IFPRI) economist Dr Berber Kramer has said.

Source : AIR | 01 Sep 2018
New Zealand: Health insurer in telemedicine trial for employees
Listed health insurer, nib, has carried out a trial on a teleconference-style health programme aimed at improving corporate workers’ health without their having to leave work.

Source : AIR | 01 Sep 2018

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