GoBear is one of Asia's largest comparison sites for financial products, and it has recently been shifting towards becoming what they call a financial 'supermarket'. In this episode of the Asia Insurance Review Podcast, we speak to GoBear CEO Adrian Chng about what a financial supermarket entails, and how it can help consumers and insurers alike.
A study conducted by ReMark has found that the level of education and employment of people has a great impact on their choice to acquire insurance cover.
Emerging Asia will power global insurance industry growth of around 3% in real terms in each of 2020 and 2021, unchanged from projections for two years out at the same time in 2018, says Swiss Re Institute (SRI) in its latest sigma report released yesterday.
Single parents have a lot on their plate, are often overworked and their sacrifices for their families overlooked. For them, insurance may seem like a luxury and not a necessity. Not because they do not think it is important, but because they have many other financial commitments which they have to manage on their own.
The 2019 conferences of the Pan-Asia Risk and Insurance Management Association (PARIMA) concluded with the final conference in Kuala lumpur on 5 November 2019. The theme for 2019 was 'Redefining Risks'.
Asia has the largest share of its population at high risk from a lack of cooling - close to 60% - as climate change continues to increase global temperatures. Globally, over a billion people face threats to their health because they lack cooling methods.
Protected areas, which are vital to preserve diverse life on Earth, as well as mitigate climate change by conserving carbon-sequestering vegetation, are not able to reduce the "anthropogenic pressure" on the most precious natural habitats.
Asia's economic growth in recent years has been nothing short of phenomenal, and with low insurance penetration rates in many areas, there remains a considerable amount of market for insurers to tap into.
Taiwan's national reinsurer, Central Reinsurance Corporation (Central Re) was established in 1968 to promote the growth of the domestic insurance sector and remains the only domestic reinsurance company in Taiwan.
If all adults in China increased their physical activity by 20% and met at least the World Health Organisation (WHO) minimum requirements for physical activity, the country would gain $32.77bn in GDP in 2030 and a staggering $99.71bn in GDP in 2050 respectively.