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.
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.
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.
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.
Nature’s wrath pushes insurers to reshape risk adaptability
Experts shared the reality of cost-efficiency whilst minimising the protection gap.
SG’s property insurance to stay afloat in 2023 – GlobalData
Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.
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.
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
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.
Ciputra Life goes beyond its captive market by addressing customer pain points
Its customer-centric approach results in 60% non-captive customers
Qoala on a tech-driven mission to insure more Malaysians
Its online platform promotes financial literacy and strategic partnerships, aligned with the government’s insurance agenda.
Life insurance sector in Malaysia to exceed $15.9b by 2027 – GlobalData
For 2023, life insurance in Malaysia is forecasted to grow 2.4%.
About six of 10 financial leaders expect revenue to jump 10% in three years
64% of consumers trust established banks for insurance purchases.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
InsurTech funding down 34% in Q2: Gallagher Re
Seven APAC markets were included in the report, which received an estimated $359m in funding.
Asia’s insurance pricing ‘flat’, cyber coverage demand rise in Q2
Globally, insurance pricing went up 3%.
Tune Protect leads the way in cloud-powered insurance services
Tune Protect’s Prasanta Roy tackles digitalisation and overcoming regulatory challenges for efficient, scalable, and secure services at 2023 Insurance Asia Forum.
Philippine non-life insurance outlook turns sour: AM Best
The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
