When the stopgap becomes the strategy
Singapore
The APAC insurance market according to Verisk: a diverse region on the move
Building on government initiatives to advance sustainable healthcare
Compounding factors shift insurer focus to healthspan
Navigating claims profitably, and climate risk sustainably
Regulatory reforms shape MDW insurance
HDI Global bets on specialist depth as Singapore's role as a regional risk hub evolves
Robust economic indicators driving insurance industry growth in 2026
From capacity to capability: The value of strategic retakaful and reinsurance partnerships
Indian insurance is now looking beyond growth to resilience
Structured reinsurance offers a way through a softer market
The state of retakaful and the road ahead
Asia's wealth will continue to drive demand for HNW solutions
Combining speed and discipline
India emerges as APAC L&H reinsurance hotspot
APAC reinsurers face further pricing pressure in 2027
Reinsurer eyes APAC expansion anchored in strategic partnerships
The first Lloyd's syndicate dedicated to the Indian market
India offers huge opportunities for foreign reinsurers
Indian cedants today have an array of options for their reinsurance needs
Dynamic lapse risk in Japan: Managing policyholder behaviour and balance sheet risk
General
Keeping Asia insurable as catastrophe risks mount
Insuring Asia's infrastructure boom
In the new age of data assets, flexibility is king
Sustainability and climate resilience must be embedded into modern business strategy
Australia: Cyber-attacks continue to evolve; can the insurers keep pace?
Changing nature of risks rewrites claims settlement process
MGAs help close Asia-Pacific's specialty insurance gap
Malaysia motor insurers face claims inflation as EV adoption accelerates
Data centre expansion is creating concentrated risks
EAIC 2026: Asia's insurers move from diagnosing the gap to delivering cover
Tokyo's flood defence: a city engineered to stay dry
Life & health
Successfully navigating the redefined modern Asian legacy
Financial institutions urged to strengthen oversight of premium-financed life policies
When vehicles start talking, insurance must listen
Brokers are concerned about regulator's proposed reforms on commissions
China's Insurance regulator and three major rebuilding exercises in twenty-five years
AI transformation drives human revolution
Sometimes, the most consequential risk is the connection between risks
Asian
Australia: Stronger homes are required for better resilience as climate change aggravates
Malaysia: Life insurers welcome government's plan to subsidise the first-year health insurance premium for eligible employees at SMEs
New Zealand: Around 10,000 homes could become hard to insure by 2035
Singapore: Health and wealth to drive growth for life insurers
Products and Alliances
People on the move
We recently sat down with Guy Carpenter’s Head of Retro, Global Specialities, Asia Pacific, Ben Dunnett. We had a frank discussion about the current state of the retrocession market and what it might look like in the coming years.
Asia Insurance Review sat down with Guy Carpenter CEO, Asia Pacific, Tony Gallagher, to get his thoughts on the market dynamics in the APAC region, the most pressing risks facing the industry, the April renewals, and the impact of evolving regulations.
Three severe hail events in the past 3 years have shined a spotlight on this risk in Japan. Historically overshadowed by typhoons and earthquakes, hailstorms can generate insured losses of billions of dollars. Insurers are now seeking ways to lower hail risks in Japan through the development of high-resolution hail mapping technology and mitigation measures to safeguard portfolios against future hail events.
We talk to Tony Gallagher CEO, Asia Pacific region for Guy Carpenter about the 1/1 renewals and what to expect at the April renewals, emerging risk in 2024 and which business lines have the most scope in the year ahead.
The global nature of the reinsurance industry has enabled the diversification of risk away from concentration in specific regions to the larger global market.
However, record catastrophe losses, inflation stemming from increased interest rates, geopolitical tensions and heightened climate risk are putting operating pressures on insurers and reinsurers. The increasing frequency of higher- magnitude natural disasters against the backdrop of a bearish market with rising interest rates sets up a perfect storm for reinsurers to harden their pricing to reflect a more prudent risk appetite.
In the next video of the series, we talk to Guy Carpenter Head of Structured Solutions, Asia Pacific Hussain Ahmad, and Partner with OIiver Wyman Jing Wei Jia about market trends and developments, business planning for insurers, the evolving market and optimising capital.
Macroeconomic Environment The investment environment is currently in turmoil. High inflation in many countries, driven by both supply-side and demand-side factors, has compelled central banks to raise interest rates in response. Interest rate hikes then flow directly into asset valuations. Additionally, recessionary expectations, the banking crisis and geopolitical issues are currently creating havoc in asset markets.
The next video in the series looks head at Guy Carpenter’s plans for the year 2023.
We talk to Guy Carpenter CEO, Asia Pacific Tony Gallagher about the company’s plans for 2023, Asian markets to look out for, as well as potential risks.
The next video in the series looks at the general impact of inflation - and how inflation is panning out in Asia Pacific. We talk to Guy Carpenter vice president, strategic advisory Asia Pacific Philip Doyle about how insurers should respond to inflation right now.
The insurance protection gap is generally defined as the difference between total and insured loss costs. Globally, 2021 total losses from natural disasters were estimated to equal approximately USD 280 billion, of which approximately USD 120 billion, or 43%, were covered by (re)insurance.(1) This gap was smaller than many previous years because a higher proportion of losses occurred in the US, which has one of the most developed insurance markets in the world, with high penetration.
Secondary perils represent a complex and nuanced challenge for the (re) insurance industry. In essence, these natural perils are “known, unknowns.” They are known to pose a risk, but our industry does not always have a full understanding of their potential impacts.
The next video in the series looks at how ESG is playing out in Australia and the opportunities and challenges that this will bring to the insurance industry.
The next video in the series looks at defining secondary perils, insuring against them, the importance of modelling – and the role of reinsurance in closing the protection gap.
The next video in the series looks at global systemic risks, climate risk, net zero planning and risk as it relates to ESG.
We talk to four leading risk-industry professionals - Mercer president of Asia, Middle East and Africa Renee McGowan, Guy Carpenter CEO of Asia Pacific Tony Gallagher, Oliver Wyman partner – head of APR public policy Jacob Hook and Marsh Asia head David Jacob.
The next video in the series looks at the impact of recent cyber events in Asia.
Guy Carpenter managing director, cyber centre of excellence leader Siobhan O'Brien talks to Asia Insurance Review about what insurers can do to mitigate the impact of these cyber events.
The next video in the series looks at the impacts of recent economic and regulatory changes on life and health insurance in Asia Pacific.
The next video in the series looks at the changing nature of risk management.
China Pacific Property Insurance Company chief actuary Chen Sen talks to Asia Insurance Review about why risk management is changing and what part technology plays in this – and how corporates can prepare for the change.
The first video in the series looks at the changing nature of risk.