Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

May 2024

Insurance


General

The pros and cons of bancassurance partnerships

Partnering with five insurers allows CIMB Singapore to offer consumers more choices across different life stages, says CIMB Singapore’s Mr Victor Lee.
 

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Evolving with the risks

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.
 

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Moderate claims expected from Taiwan earthquake

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.
 

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How insurance helps India face the heat of the El Nino

India is facing an unprecedented heatwave, which scientists believe is a result of the El Nino effect, that has the potential to cause water scarcity, droughts and severely impact the economy.
 

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Life & health

Bancassurance's dwindling popularity in Vietnam

From 2018 to mid-2022, the growth of bancassurance in Vietnam led experts to predict that bancassurance would account for about 50% of the total new premium revenue by 2025. By mid-2023, however, bancassurance was in hot water.
 

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Charting a new path for healthcare

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.