Magazine Table of Contents
Increased regulatory scrutiny, heightened market volatility and the continuing low interest-rate environment will continue to heap pressure on life insurers across the Asia Pacific in 2022, say Clyde & Co partners Joyce Chan and Ganga Narayanan.
Advanced insurance markets in Asia Pacific are expected to grow by 3.9% in real terms in 2021, 3.5% in 2022 and 2.8% in 2023, according to Swiss Re Institute.
Nearly 60% (specifically, 58.5%) of life insurance planners quit the sector or have negligible sales performance before the end of their first year in business, amid a prolonged COVID-19 crisis.
By 2025, at least 30% of critical infrastructure organisations will experience a security breach that will result in the halting of operations – or mission-critical cyber-physical system according to a new survey by Gartner.
Homeowners and residential real estate investors in US should be prepared to face a rise in property insurance rates according to real estate financing solution provider SitusAMC.