Fear of outliving your savings
SIRC Connect
Revolutionising reinsurance
Resilient buildings, retrofitting and reinsurance
General
The pros and cons of bancassurance partnerships
Evolving with the risks
Moderate claims expected from Taiwan earthquake
How insurance helps India face the heat of the El Nino
Life & health
Bancassurance's dwindling popularity in Vietnam
Charting a new path for healthcare
Australia
Thought leadership and teaching soft skills in insurance
Life insurers focus on being customer friendly
Australians facing a tough winter
Renewable energy in Australia: A most promising sector with unique insurance challenges
Reinsurers upbeat with improved profitability
Australian regulatory bodies face unrelenting change
Tech enables insurer profitability amid higher claims
Actuarial skills expected to evolve amid AI and automation
Lifetime of an actuarial model
Actuaries can use AI and probabilistic thinking to assess climate risk
Growing the actuarial profession and retaining talent
Building a talent pipeline for actuaries in Asia
View fron India: India's insurance regulatory framework overhauled
Reality bites leading Chinese insurer
Ageing and decreasing population brings opportunities for insurers
Insurer shows how AI makes a difference
AI means growth for underwriters
M&A in broking an opportunity for new entrants
The evolution of the modern broker
Opportunities abound for Malaysian takaful
Phishing and ransomware remain top concerns in cyber security
Five factors impacting the chief risk officer role
Gaps in addressing geriatric risks
Asian
China: Cost of insuring Xiaomi's first EV unveiled
Japan: Two major non-life insurers issue CAT bonds
Taiwan: 3 April 'quake insurance claims unlikely to exceed losses chalked up in 2016
Thailand: Policyholder protection fund running out of money
Risk
Asia struggles to contain record e-waste
AI improves global flood forecasting and extends alert time
Majority of recent CO2 emissions linked to 57 producers
Huge spike in insured losses expected
MSIG enhances coverage for overseas study insurance
Fin-Medtech company iAPPS Health Group and Singlife launch iSure
OneDegree launches cyber insurance for companies beyond Web3
Zurich Singapore and travel platform Klook launch FlyEasy
Chubb and Atome form regional partnership to create more insurance products
People on the move
AI
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REINSURANCE - SIRC Connect
Work on continuing to grow the legacy of the Singapore International Reinsurance Conference has already been going on for some months.We caught up with Singapore Reinsurers’ Association’s Mr Marc Haushofer and Ms Jeslyn Tan to find out...
MARKET PROFILE - Australia
Council of Australian Life Insurers’ Ms Christine Cupitt spoke to Asia Insurance Review about a range of issues impacting the life sector.
INSURANCE - Life & health
Healthcare made headlines last year when Malaysia’s prime minister announced a significant allocation of MYR41.22bn for the Ministry of Health in Budget 2024, a notable increase from the previous year’s allocation of MYR36.3bn.
The Australian and New Zealand Institute of Insurance and Finance has been firmly entrenched as a core part of the APAC insurance landscape for many years, providing education, training and professional development.
The traditional ratio of working populations to retirees across the globe is being upended by a complex mix of factors.
Resilient Building Council’s Ms Kate Cotter outlines what can be done to increase the knowledge base required to begin to tackle resiliency problems.
Partnering with five insurers allows CIMB Singapore to offer consumers more choices across different life stages, says CIMB Singapore’s Mr Victor Lee.
In its goal to become a truly global insurer, Sompo has been cementing its footprint in Asia, building a team that can understand and address the risks that its Asian clients face.
The magnitude 7.4 earthquake that hit Hualien in Taiwan on 3 April is not expected to add significant net claims and lead to a capital event for the non-life insurance industry.
Australian citizens have been dealing with terrible weather and the knock-on effects of climate change, a situation that is not helped by a lack of affordable insurance.
Actuaries will need to adapt and upgrade skills in roles that are likely to be affected by automation and AI.
Actuarial models are the backbone of any life insurance company. The output from actuarial models is used for regulatory valuations, capital calculations, financial reporting, risk management and many other strategic purposes.
Climate risk is an example of a known unknown, where the insurance industry recognises it but is still learning how to manage it.
In recent months, there have been sweeping changes in the Indian insurance regulator IRDAI’s framework.
In 2023, amidst an economic slowdown, capital market volatility and changes in the regulatory environment that brought uncertainties, the insurance sector in China faced significant operational challenges.
The Chinese population is already ageing rapidly and over the last two years it is also declining. Both pose challenges and open up opportunities for the country’s insurers.
A life insurer in India is transforming the way it underwrites its risks and adapts its business with AI and machine learning.
Swiss Re and Asia Insurance Review hosted a webinar on the implications AI will have on underwriters – and the great opportunity that new technologies open up for the profession.
Although M&A activity in insurance brokerage may result in fewer but larger players, there are opportunities for new entrants as well.
The role of brokers expands beyond traditional insurance placement and they must also learn how to use technology such as AI to streamline and speed up the insurance process.
There is significant consumer demand for ethical and socially-responsible insurance solutions that will drive takaful adoption across the Malaysian population.
A recent survey by cyber security firm Fortinet revealed that ransomware and phishing remain the most prevalent threats across APAC, with many organisations still feeling unprepared to contend fully with any potential cyber attacks.
The role of chief risk officers continues to evolve, even as risks become more complex and intertwined.
The elderly are more exposed to hospitals and clinics, and more can be done to reduce overtreatment.
The insurance premium for Xiaomi Automobile’s first electric vehicle (EV) model is similar to that for fossil-fuel-powered cars which are about 66% more expensive.
Mitsui Sumitomo Insurance Company and Aioi Nissay Dowa Insurance, as members of the MS&AD Insurance Group, have jointly issued the ‘Tomoni Re 2024’ catastrophe bonds (CAT bonds) in Singapore covering domestic natural disaster risks...
Earthquake-related claims for Taiwan’s commercial insurers related to April’s seismic event are unlikely to exceed those stemming from the 2016 Meinkong earthquake, according to AM Best.