China: Handle with care
SIRC: Inflation implications for reinsurance
India: Pros and cons of obligatory cessions
Nepal: Reinsurance challenges and solutions
Harnessing the power of data
APAC reinsurance in focus
General
Electric Vehicle Insurance - Singapore: EV insurance gains popularity but lacks scale
Electric Vehicle Insurance: View from India - India: Are insurers ready for electric vehicles?
Electric Vehicle Insurance - Philippines: Lack of EV claims data a concern
Electric Vehicle Insurance - South Korea: EV insurance playing catch-up
Electric Vehicle Insurance - EVs in Australia, China and Hong Kong
Hong Kong regulator faces challenges retrieving missing funds
Securing the NFT market
Ensuring resilient economies through insurance
Bangladesh insurers face climate change test
India: Climate change and insurers
Life & health
Life insurance adapts to climate change
Driving offline success in an online world
Malaysia
Insurers facing persistent profit challenges
InsurTech progressing cautiously
Regulation for sustainability, affordability and innovation
Reinsurers face uncertainties in flood risks
Government initiatives boost life sector
P&C insurance returns to previous growth standards
Making insurers more efficient
Mortgage insurers well placed to ward off gloom
Briefs
New insurance investor guidelines in Australia
Actuaries Institute: COVID-19 third leading cause of death in 2022
Turbulent times ahead in class action environment
APRA blueprint 2022-2026
Critical illness insurance in crisis
Market recovery momentum continues
Think Tank
The Geneva Association - Ransomware: An insurance market perspective
Asian
Asia: Insurance pricing in region rises by 3% in Q2
Japan: Tokio Marine sounds alert on COVID-related losses in Taiwan
Singapore: AM Best upgrades Singapore Re's ratings on appeal
Risk
Cyber security and data privacy top people-related risk in Asia
Semiconductor industry supply chain risks
Australia: 20 top financial and business bodies agree on need for sustainability reporting standards
Hong Kong: AXA announces flexible wealth accumulation plan
Hong Kong Life launches new savings plan
Malaysia: KTMB offers takaful plan for passengers
People on the move
INSURANCE - General
Buy Now
REINSURANCE
Himalayan Re’s Mr Chandrasekaran Ramamurthy tells us about the challenges and solutions for the growing Nat CAT events for the Himalayan nation’s reinsurance industry.
MARKET PROFILE - Malaysia
Listed insurers in Malaysia have started the year by posting near double-digit GWP growth in the first three months of 2022, but they continue to face profitability challenges due to volatility on the investment front.
NOTEBOOK - Think Tank
Ransomware – a type of malicious software that gains access to files or systems and blocks user access until the victim pays a ransom in exchange for a decryption key – and other associated forms of cyber extortion have recently become a...
China seems to have been in the headlines more and more in recent months, and not always for the most positive reasons.
The full agenda for this year’s Singapore International Reinsurance Conference is taking shape under the steady guidance of the Singapore Reinsurers’ Association.
Are obligatory cessions to domestic reinsurers protectionist? Asia Insurance Review spoke with Asian Re’s Mr Anil Sant for some insights.
Insurers in Singapore have sold more electric vehicle insurance products in the past year. However, the nascent electric vehicle market in the country remains small and that makes it challenging for insurers to lower the price of premiums.
As the era of electric vehicles begins in India, how prepared is the insurance industry to handle the new risk?
The Philippines recently brought in a law seeking to regulate and develop the electric vehicles segment and motor insurers are upbeat about the opportunities ahead.
InsurTech in Malaysia is on its way to becoming a significant component of the country’s insurance ecosystem with strong government and regulatory backing and rising customer demand for technological offerings.
We look at some initiatives that Malaysia’s insurance regulator has undertaken in the recent past to improve the country’s protection sector.
There is no shortage of service providers to the insurance industry boasting that they can offer primary players efficiencies in their operations through the smart application of technology.
When it comes to the mortgage insurance sector, risks matter. And for anyone involved in mortgage-markets in Australia, risks have been mounting at a rapid clip in recent months.
The Financial Services Council (FSC) and its fund management members are leading the transition to a lower emissions economy following the release of guidelines that will help combat climate change and greenwashing.
China’s critical illness insurance line of business appears to be in a parlous state. After a healthy run for the last six years, 2021 saw a decline of 6% and the first half of 2022 saw a decline of over 30% business in this line.
Based on data in 1H2022 and the expectation that the insurance market environment will improve in the second half, the industry is generally upbeat.
Insurance pricing in the second quarter of 2022 in Asia increased by 3%, the same pace as in 1Q2022, according to the 2Q2022 ‘Global Insurance Market Index’ report released by Marsh.
Tokio Marine Holdings has announced that the group will report a loss of JPY53.9bn ($405.8m) in the quarter ending 30 September due to COVID-19 claims incurred by its insurance unit in Taiwan.
AM Best has upgraded the financial strength rating to A (excellent) from A- (excellent) and the long-term Issuer credit rating of “a” (excellent) from “a-” (excellent) of Singapore Reinsurance Corporation (Singapore Re). The...
AXA Hong Kong and Macau (AXA) has announced the launch of its Max Wealth Insurance Plan (Max Wealth), which offers a guaranteed breakeven period of five years and guaranteed cash value on the commencement day of the policy up to 81% of lump sum...
Hong Kong Life has announced the launch of its Wealth Up Savings Insurance Plan that offers customers 20 years of savings and life protection and benefit from potential returns with a two-year premium payment term.
Malaysia railway company KTMB has teamed up with Etiqa General Takaful to provide a new integrated ticketing system passenger takaful plan to users and electric train service passengers.