The actuarial profession will need to evolve as Singapore and Asia face a world of increasingly complex, interconnected and consequential risks, according to Mr Alvin Tan, a Board Member of the Monetary Authority of Singapore who is also Minister of State, Ministry of Foreign Affairs and Ministry of National Development.
Unprecedented pressure is being placed on the resources needed to build and operate data centres by the rapid expansion of artificial intelligence and digital infrastructure, with global data centre power demand expected to increase by 165% by 2030.
Financial services group AFG Holding has signed a memorandum of understanding with Yango Cote d'Ivoire, a member of the Dubai-headquartered global technology company Yango Group, to develop financial and digital solutions in Cote d'Ivoire.
China's insurance industry is stepping up efforts to support emerging technologies, with a group of 10 insurers establishing a nationwide co-insurance pool dedicated to the country's quantum technology sector.
Insurance companies are taking on a more active role in corporate governance as regulatory scrutiny of listed companies and the personal liability of directors and senior executives intensifies in China.
Accident repairs of new energy vehicles (NEVs) face a structural challenge of high cost and low closure, according to the "JD Power 2026 China New Energy Vehicle Customer Service Index (NEV-CSI) Study".
China's rapidly expanding new energy vehicle (NEV) industry is moving beyond exporting assembled vehicles to establishing overseas industrial chains and service networks, creating new demands on insurance companies to provide risk management across the entire lifecycle of vehicles and related businesses.
The Insurers Federation of Egypt (IFE) has emphasised the importance of strengthening the integration between academic education and the insurance market, in light of rapid changes in the labour market.
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has developed its objectives and key results (OKRs) for FY2027.
The Insurance Authority has launched the first phase of the Innovation Lab, one of the initiatives under the National Insurance Sector Strategy.