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Aug 2021

Contents

August-Home
Editor's Message
Magazine article aboutBy-the-pricking-of-my-thumbs

By the pricking of my thumbs

Asia Advisers Network Insights
Magazine article aboutAPFinSA-Newly-elected-board-announced-at-18th-AGM

APFinSA: Newly elected board announced at 18th AGM

Singaporeans spend 2.5 times more on children than retirement

Insurance
Magazine article aboutCOVID-19-vaccine-indemnity-dilemma

General

COVID-19 vaccine indemnity dilemma

Climate change, contracting balance sheets & continued pandemic uncertainty - time for a next generation insurance solution

Life & health

View from India - Life insurance persistency is still a challenge

The next step in financial advisory

Reinsurance
Magazine article aboutWhy-the-hardening-cyber-market-benefits-all

Why the hardening cyber market benefits all

Making insurance products more relevant
Magazine article aboutJapan-No-digital-no-life-customer-service

Japan: 'No digital, no life' customer service

India: It's raining new health insurance products

Hong Kong: A balance of complexity and flexibility

Australia: Connected life ecosystem

Australia: Permission to personalise insurance

Singapore: A game changer in raising insurance awareness

Singapore: Insurance that everyone relates to

Global: Can parametric solutions be a game changer?

Global: Product strategy and innovation

Investment
Magazine article aboutESG-in-the-insurance-sector

ESG in the insurance sector

Market Profile
Magazine article aboutMarket-technology-and-customers

China

Market, technology and customers

Life insurance market is broken

Growing the second-largest insurance market in the world

Foreign-owned insurers grow faster than domestic players

Chinese InsurTech can be chaotic and disorganised

Health insurance challenges and solutions

Notebook
Magazine article aboutThe-Geneva-Association-Special-issue-of-The-Geneva-Papers-on-microinsurance

The Geneva Association - Special issue of The Geneva Papers on microinsurance

Innovating for resilience

Insights from the industry

News

Asian

China: Insurance market gains in global market share

India: LIC's mega IPO a step closer after cabinet approval

Indonesia: Health insurance business grows

Taiwan: Toppled from throne after 13 years

Risk

Net-zero transition blocked by insurance innovation 'barriers'

Sea level rise poses economic threat to Asian coastal cities

Product Bites

Product Bites

Diary
People on the move

People on the move

News

Asian

China: Insurance market gains in global market share

China continues to take a growing share in terms of total premiums, reaching 10.5% of the global insurance market last year, according to Swiss Re’s latest sigma report titled ‘World insurance: the recovery gains pace’.
 

India: LIC's mega IPO a step closer after cabinet approval

The Economic Affairs Committee of the Indian cabinet has approved the initial public offering of state-run insurer Life Insurance Corporation (LIC), India’s largest life insurance company, reported Bloomberg quoting disinvestment secretary Tuhin Kanta Pandey.
 

Indonesia: Health insurance business grows

The Financial Services Authority (OJK) has said that public awareness of health insurance is increasing during the COVID-19 pandemic.
 

Taiwan: Toppled from throne after 13 years

Hong Kong overtook Taiwan last year as the insurance market with the highest penetration rate in the world, a crown which Taiwan had worn for 13 consecutive years to 2019.
 

Risk

Net-zero transition blocked by insurance innovation 'barriers'

Greater collaboration across the market is required and governments need to accelerate the transition to a net-zero economy through more innovative risk transfer products according to a new report by global insurance industry group ClimateWise.
 

Sea level rise poses economic threat to Asian coastal cities

An estimated $724bn of GDP of seven major Asian cities will be exposed to the risk of extreme sea-level rise and coastal flooding by 2030 according to a new report from Greenpeace East Asia.
 

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