Food security risks across South and Southeast Asia are set to rise, raising the potential for unrest and political instability in some of Asia's most exposed economies, including India, Indonesia and the Philippines, according to a new report by risk consultancy firm Verisk Maplecroft.
Asia does not simply need more insurance capacity. It needs more "risk capacity", which is the capacity to understand risk, to reduce it, to price it and the financial capacity to absorb what remains, according to Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, Monetary Authority of Singapore (MAS).
Life insurance advisers may have an opportunity to add more value after a policy is sold, as new research points to a significant gap in clients' understanding of the coverage they already own.
The First Central Hospital of Mongolia has introduced the "Revo-I" robotic surgical system, developed by South Korea's Meerecompany.
The East Asian Insurance Congress (EAIC) announced the incoming executive board members for the 32nd EAIC. Mr Koji Takahashi was announced at EAIC President, while Dr Somporn Suebthawilkul was announced as Vice President.
IAIS Executive Committee's Toshiyuki Miyoshi sets out how the standard-setter is responding to a converging set of risks, from AI and geopolitics to alternative assets on life insurers' balance sheets.
The 31st East Asian Insurance Congress opened in Tokyo yesterday evening, returning the gathering to the city where it began in 1964 for a fourth time in more than six decades. The theme, "Back to the Origin, A Bridge to the Future," called to mind the region's insurance history, the Congress' storied past and the many relationships that were built throughout its 62 years.
Marsh Re has announced the appointments of Mr James Beedle to its Pacific board of directors, subject to regulatory approval, and Mr Justin Ward as CEO of APAC.
The 79th session of WHO Regional Committee for South-East Asia has adopted the Dili Declaration on accelerating progress towards Universal Health Coverage in the region.
The Asia-Pacific (APAC) reinsurance market is likely to remain soft in 2026, with strong capital and ample capacity continuing to drive competition and put pressure on pricing. Ratings agency Fitch Ratings says the expected soft market is likely to weigh on underwriting margins. However, conditions are expected to become increasingly differentiated by geography, line of business, risk profile and cedant loss experience.