In Focus

Why emerging markets in the region are most vulnerable to insurance risks

Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.

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Why emerging markets in the region are most vulnerable to insurance risks

Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.

Exclusive

Global cyber insurance market to see 50% growth in next five years: Swiss Re

Swiss Re said no country has fully realised the economic potential of digital technology in the insurance sector.

In Focus

Nearly 2 in 5 of SEA’s L&H premiums now from bancassurance: Swiss Re

But many customers don’t trust bank sales representatives as much, the study found.

In Focus

Bangladesh’s general insurance industry to see 8.8% CAGR in 2027: GlobalData

Its gross written premiums will reach $809m by 2027.

In Focus

Etiqa shares how its small beginnings can create a name in the insurance industry

Customer centricity, modern capabilities, and humanising the insurance offerings can make a difference, says the CEO.

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ICS will be 2024’s hot topic for insurers: Fitch Ratings

The International Association of Insurance Supervisors (IAIS) is currently assessing the economic impact of the standard.

In Focus

2-speed system emerges in Asia-Pacific insurance markets

Analysts said that investments have been significantly beneficial to insurers, most especially in Singapore and China.

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Pearlyn Phau believes in Singaporeans being the boss of their own financial freedom

Singlife’s group CEO touched on Singapore’s complex insurance market as well as its pain points as a society in the digital age.

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Capital pressures linger as insurers adopt new accounting rule in South Korea

IFRS 17 adoption is seen to improve insight into margins and reserves, increase motivation for long-term profitability, and better global comparability for insurers.

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Nature’s wrath pushes insurers to reshape risk adaptability

Experts shared the reality of cost-efficiency whilst minimising the protection gap.

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SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

In Focus

Cover Genius redefines insurance with embedded protection technology

The insurtech eyes expansion in Asia, leveraging on the symbiotic relationship of digital and traditional insurance to tailor policies for diverse markets.

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South Korea’s life insurance industry to exceed $190b by 2027: GlobalData

One of the driving factors is South Korea’s shrinking ageing population.

In Focus

Great Eastern bridges sustainability and insurance through portfolio integration

The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.

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