Magazine Table of Contents
Sri Lanka is facing the worst economic crisis in its history, but the insurance sector has remained resilient with strong growth in critical performance indicators.
Throughout the past year, the shipping industry has been dealing with the impact of many external forces and global events. These new conditions have created changing liability risks to be dealt with on a daily basis.
Motor claims follow the traditional customer experience. Making a claim is that last step that tests the insurance industry on whether insurers can keep their promises or not.
A report by Research Dive says that the Asia-Pacific region will see the fastest growth in speciality lines insurance and will touch $69bn by 2028.
Life & health
The mass resignations as a direct result of COVID-19 have led to delays in retirement plans amongst Singaporeans, with many reporting that they would have to extend their working lives by up to six years.
Insurers need to give up their traditional one-size-fits-all approach and develop the retirement solutions they offer in line with their evolving consumers to make their offerings more complete and appealing.
The characteristics of a relationship are embedded in rapport, trust and confidence. These are universally relevant and beneficial to managing any set of circumstances.