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

Nov 2023



Indonesia: Non-life hit by rising reinsurance counterparty credit risk

Heightened reinsurance credit risk and potential pressure on underwriting margins owing to rising reinsurance costs and more-restrictive coverages have led to AM Best to maintain a negative outlook on the Indonesia non-life insurance segment.

Malaysia: Bank Negara to finalise framework for digital insurers by 1H2024

Bank Negara Malaysia (BNM) is working on refining several aspects of the Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITO Framework). The central bank plans to finalise the framework by the first half of 2024, it says in a statement.

Singapore: MAS, life insurers and other organisations issue financial planning guide

The Monetary Authority of Singapore, in conjunction with the Life Insurance Association, Association of Banks in Singapore and Association of Financial Advisers (Singapore), have launched the ‘Basic Financial Planning Guide’ to help Singaporeans take steps to enhance their financial wellbeing.


Asia is driving two-thirds of new oil and gas development

International new oil and gas capacity grew by 13% in 2022 and this capacity growth has mainly happened in China and Southeast Asia according to a new study.

Leading insurers still underwrite US coal despite net zero pledges

Leading European insurers are underwriting nearly a third of the US coal production despite their net zero commitments according to a new report released by Insure Our Future.

Asia Pacific to be impacted the most by economic unrest globally

Economic unrest is expected to threaten security in Asia Pacific more than anywhere in the world and on par with Sub-Saharan Africa according to the first edition of World Security Report published by the British multinational security company G4S.