EY

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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong

The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.

Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong

The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.

Conduct risk puts 54% of insurance CROs on high alert

38% of APAC insurers are implementing AI tools, higher than the global average of 22%.

EY consulting partner tallies six emerging focus areas insurers must be on the lookout for

The expert said the life and health insurance and retirement industries will witness transformative changes in the coming years.

Top three things killing the insurance industry

Thanks to these threats, 54% of insurers had an ROE below their cost of equity.