Asia-Pacific insurers and reinsurers are facing a new set of potential macroeconomic shocks, triggered by trade and geopolitical uncertainties that are affecting business growth and investments, says S&P Global Ratings (S&P).
The recent interest rate increase in Indonesia is seen to have consequences for the insurance industry, particularly on investment value and company liquidity management.
The health insurance sector needs to help individuals manage risks to good health, before they become medical events, according to Aditya Birla Health Insurance's CEO Mr Mayank Bathwal.
Many insurers in the Asia-Pacific region now favour capital-light product strategies and are shifting to...
Aussies living in residential aged care facilities are at risk as they may not be able to access regular GP...
Targeted investment in climate resilience could help ASEAN countries avoid up to $82bn in potential losses to renewable energy infrastructure,...
AI may be shifting from an emerging capability to a core part of how Australian businesses operate, but new research has shown that this shift is...
Lockton, the world's largest privately held, independent insurance brokerage, has reported strong financial results for the financial year ended 40...
The financial behaviour of Vietnamese people remains heavily focused on "defence", with the majority viewing insurance as an additional layer of...
State-Owned Enterprises Management Agency (BP BUMN) and sovereign wealth fund Danantara Indonesia are targeting completion of the consolidation of...
The Asian Development Bank (ADB) has approved a $700m policy-based loan to support reforms aimed at strengthening insurance in Pakistan.
The Indonesian General Insurance Association (AAUI) has indicated that the non-life insurance market would likely find it difficult to improve...
A new maritime order is emerging in the global shipping industry amid rising geopolitical tensions and disruptions to trade routes, according to...
The Insurance Bureau of the Financial Supervisory Commission has approved dividend payments by seven life insurers that total NT$24.65bn ($774m) this...
The government has issued a new regulation stipulating that the minimum insurance coverage for a construction project during the construction period...
The credit insurance branch faces high claims that almost equal the premium revenue, despite business prospects being considered positive due to high...
One of the advantages of working in emerging markets is that insurers have the opportunity to grow and leapfrog the industry, according to Sun Life...
Global healthcare leaders face two emerging risk categories that have no current names in indemnity terminology: the 'look-back problem' and the 'AI...
Significant pressure in the health insurance industry due to soaring medical inflation and claims costs has caused insurance players to leave this...
The Insurance Regulatory Commission of Sri Lanka's (IRCSL) focus on its "Insurance Vision 2035" plan is a significant step in building a reliable and...
Achieving strong commercial partnerships in the insurance industry requires a fundamental culture shift, from a product-led mindset toward a...
The insurance industry is facing a dizzying balancing act as a rapidly evolving risk landscape forces insurers to innovate product lines, boost...
The question, "What does it really mean to be proactive in reducing claims?", sparked a lively discussion on data and claims at the regional...