...The Financial Supervisory Commission (FSC) has issued the "Explanatory Notes on the Calculation of Own Funds and Risk Capital and Related Reporting Forms for Insurance Enterprises."...
Source : AIRPlus | 24 Sep 2026...The insurance sector could potentially tap into a range of emerging sectors as new technologies and industries create risks that have yet to be fully priced, according to new research from McKinsey....
Source : AIRPlus | 24 Sep 2026...In Australia's highly regulated market, AI decisions need to be controllable, transparent and accountable and support good customer outcomes, according to Duck Creek Technologies Managing Director, APAC, Christian Erickson. Effective AI needs volumes of reliable and accessible data....
Source : AIRPlus | 24 Sep 2026...Capital expenditure is likely to increase across the energy sector during 2026, driven largely by concerns over energy security, according to the International Union of Marine Insurance (IUMI)....
Source : AIRPlus | 23 Sep 2026...Asia does not simply need more insurance capacity. It needs more "risk capacity", which is the capacity to understand risk, to reduce it, to price it and the financial capacity to absorb what remains, according to Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, Monet...
Source : AIRPlus | 21 Sep 2026...The Financial Services Authority (OJK) has assessed that the insurance industry has room for growth in the second half of 2026. Aside from investments, several business lines, including Shariah life insurance, are considered to have positive prospects even though the industry faces economic dynamics...
Source : AIRPlus | 17 Sep 2026...Preventing operational drift during periods of rapid transformation requires airline companies to embed rigorous risk management directly into executive decision-making, according to Korean Air Senior Vice President, Corporate Aviation Safety and Security, Bennet Walsh....
Source : AIRPlus | 17 Sep 2026...The insurance broking sector cannot stop relentless technological advancement; instead, brokers must remain flexible and leverage these tools, according to Gallagher Aerospace Partner Greg Whight....
Source : AIRPlus | 17 Sep 2026...Japan has a secondary peril profile that is fundamentally different from the global pattern. While global discussions often emphasise hail, tornadoes, and wildfires, Japan's risk landscape is more strongly influenced by flood and snow, with convective storm activity playing a comparatively limited r...
Source : AIRPlus | 17 Sep 2026...The Ministry of Finance has increased support for agricultural insurance under new regulations issued earlier this month, which revise a 2018 decree. The changes raise subsidies for agricultural insurance premiums, expands scope of insurance coverage that enjoys state subsidies and decentralise auth...
Source : AIRPlus | 17 Sep 2026...The ageing global population is fundamentally reshaping the financial services industry while placing significant strain on public pension and insurance models. As populations transition toward retirement, financial institutions are pivoting from simple wealth accumulation to complex decumulation, l...
Source : AIRPlus | 10 Sep 2026...The Asia-Pacific (APAC) reinsurance market is likely to remain soft in 2026, with strong capital and ample capacity continuing to drive competition and put pressure on pricing. Ratings agency Fitch Ratings says the expected soft market is likely to weigh on underwriting margins. However, conditions...
Source : AIRPlus | 10 Sep 2026...In recent years, extreme precipitation associated with linear rainbands has triggered large-scale flooding and landslides, leading to more severe and costly loss events in Japan. Events such as the widespread heavy rainfall experienced during Japan's 2023 summer rainy season have demonstrated the si...
Source : AIRPlus | 10 Sep 2026...Japan's life reinsurance market has undergone quantitative expansion with an increase in ceded volume, as well as qualitative evolution involving a fundamental shift in the role of reinsurance, in recent years, according to The Toa Reinsurance Company (Toa Re)....
Source : AIRPlus | 08 Sep 2026...Hong Kong-headquartered Peak Reinsurance Company (Peak Re) achieved return on capital and surplus (including movement in other comprehensive income) of 12.3% in 2025, and stayed profitable during the first half of 2026, noted AM Best....
Source : AIRPlus | 04 Sep 2026...The Lloyd's market reported GBP1.4bn ($1.89bn) of losses arising from the Middle East conflict in the first six months of this year, according to its interim financial statements....
Source : AIRPlus | 03 Sep 2026...There has been a significant increase in public-private collaboration in the insurance market, with substantial inflows of support from governments and development institutions internationally....
Source : AIRPlus | 02 Sep 2026...Short-duration, high-intensity rainfall events are expected to intensify across Southeast Asia in both frequency and severity amid a warming climate, putting pressure on insurers. This is according to a new study by commercial property insurer FM and the Tropical Marine Science Institute (TMSI) at t...
Source : AIRPlus | 02 Sep 2026...Advances in biomarkers and disease-modifying therapies (DMTs) are challenging traditional product design in dementia insurance....
Source : AIRPlus | 02 Sep 2026...The 26 August unprecedented flash flooding that occurred in Nepal has led to damage to roads and bridges alone of about NPR15bn ($157m), according to Aon in its latest Weekly CAT Report that cited initial estimates by local authorities....
Source : AIRPlus | 28 Aug 2026...China has undergone substantial health financing reforms over the past decades and achieved near-universal social health insurance coverage. Despite substantial increases in public health expenditure and near-universal health insurance coverage, the overall health financing system remained mildly re...
Source : AIRPlus | 28 Aug 2026...Long-held paradigms are being challenged every day in the actuarial profession, by technological changes and changes in the dynamics between institutions and geopolitics, according to Singapore Actuarial Society President Alex Lee....
Source : AIRPlus | 27 Aug 2026...Over the past few years, regulators have taken action in the life insurance industry-modifying critical illness definitions, adjusting war and pandemic coverage, and occasionally mandating the inclusion of specific benefits in products....
Source : AIRPlus | 27 Aug 2026...The global data centre industry is ushering in new infrastructure risks and opportunities for insurers, as annual investment in data centres is projected to double from around $500bn in 2024 to more than $1tn as early as 2027....
Source : AIRPlus | 27 Aug 2026...The range of different life expectancies for populations in APAC presents significant longevity risk for life insurers, according to Canada Life Re's Senior Longevity Risk Solutions Actuary Niall Quinn....
Source : AIRPlus | 27 Aug 2026...Singapore Actuarial Society President Alex Lee has called on actuaries to invest time and energy to study human and physical history properly, explore alternative views of risk and optimise their work for long-term survival....
Source : AIRPlus | 27 Aug 2026...Prudential has delivered solid, high-quality growth in the first half of 2026, reflecting the strength of its diversified multi-market and multi-channel business model and disciplined execution of its strategy....
Source : AIRPlus | 27 Aug 2026...FWD Group Holdings has announced that its net profit after tax reached a record $172m in the first half of this year. This was an increase of 269% on the $47m posted for the corresponding half in 2025....
Source : AIRPlus | 26 Aug 2026...From renewal nudges to roaming-plan triggers, Zurich's Digbijoy Shukla explains how data, timed correctly, is reshaping the insurer's approach to digital partnerships....
Source : AIRPlus | 24 Aug 2026...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...
Source : AIRPlus | 20 Aug 2026...The Monetary Authority of Singapore (MAS) yesterday announced a set of measures to strengthen Singapore's competitiveness as a leading asset management hub....
Source : AIRPlus | 19 Aug 2026...The number of new life insurance agents recruited in the first six months of 2026 decreased by more than 20% to 30,000, compared to the corresponding half last year....
Source : AIRPlus | 18 Aug 2026...The insurance market for high-net-worth individuals (HNWIs) remains structurally underpenetrated, creating a window of opportunity for insurers, according to a report by global management consultancy McKinsey & Company....
Source : AIRPlus | 18 Aug 2026...The reality of life is that many people will live 100 years or longer, whether they want to or not....
Source : AIRPlus | 18 Aug 2026...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....
Source : AIRPlus | 18 Aug 2026...As insurance literacy rises in Singapore, policyholders increasingly expect their coverage to absorb the bulk of their medical expenses-a misconception that requires urgent correction, according to AIA Singapore's Chief Marketing and Healthcare Officer, Irma Hadikusuma....
Source : AIRPlus | 18 Aug 2026...More than half of Taiwan's older adults are either eating alone or dining only with other older people, while many say they tend to eat whatever is convenient when they have no one to eat with, according to a new survey highlighting the challenges of healthy eating in Taiwan's rapidly aging society....
Source : AIRPlus | 13 Aug 2026...Insurance catastrophe models are failing to factor in a little-known class of earthquake despite it being linked to two thirds of industry losses from seismic events in the last decade....
Source : AIRPlus | 13 Aug 2026...The global aviation insurance landscape is undergoing a significant shift, as systemic risks increasingly shape underwriting priorities and market outlook....
Source : AIRPlus | 13 Aug 2026...Global GDP is expected to expand at a resilient pace of 3.0% in 2026 and 3.4% in 2027, according to a blog by Peak Re, which cited the IMF World Economic Outlook report "Global Economy in Crosscurrents of War and Technology"....
Source : AIRPlus | 12 Aug 2026...The Financial Services Authority (OJK) has revealed that the commercial insurance industry's premium income reached IDR170.98tn ($9.58bn) in the first half of 2026, representing a 2.84% year-on-year (yoy) growth compared to IDR166.26tn in the first half of 2025....
Source : AIRPlus | 12 Aug 2026...Geopolitical instability, accelerating digitalisation and the global shift toward clean energy are reshaping Singapore's maritime insurance sector, according to Mr Cao Yueming, Vice President of Marine at MSIG Insurance (Singapore)....
Source : AIRPlus | 06 Aug 2026...Insurers are increasingly focusing their AI strategies on empowering employees rather than replacing them, to combat persistent workforce shortages while streamlining operations....
Source : AIRPlus | 06 Aug 2026...The Tokyo area, an important data centre hub in Asia-Pacific, is one of the most Nat CAT and climate hazard-exposed locations globally, says a HDI Global report....
Source : AIRPlus | 06 Aug 2026...The 1.7% year-on-year increase in premiums generated by the general insurance industry in the first quarter of 2026 is a signal that the sector needs comprehensive improvement, according to Mr Budi Herawan, Chairman of the Indonesian General Insurance Association (AAUI)....
Source : AIRPlus | 05 Aug 2026...Cyber risk management is under intense scrutiny in South Korea, following a historic sanction by the country's Personal Information Protection Commission (PIPC)....
Source : AIRPlus | 05 Aug 2026...Taiwan's insurance sector supervision will focus on three key areas, following the implementation this year of a new generation of solvency regulations that successfully align with IFRS 17, according to the Vice Chairman of the Financial Supervisory Commission (FSC), Dr Chen Yen-liang....
Source : AIRPlus | 29 Jul 2026...The Financial Services Agency (FSA) has published a report illustrating how financial institutions manage financial risks arising from storm and flood damage (storm and flood risks) and provide support for their clients....
Source : AIRPlus | 29 Jul 2026...The Financial Services Authority (OJK) is currently drafting a regulation to further curb mis-selling of Investment-Linked Insurance Products (PAYDI). The proposed regulation is targeted for completion by the end of 2026....
Source : AIRPlus | 29 Jul 2026...The Insurance Regulator of Cambodia (IRC) will provide full e-services for insurance businesses in Cambodia starting on 1 January 2027, the regulator has announced....
Source : AIRPlus | 27 Jul 2026