In Focus

The future of Asian insurance: sustainable, digital, generation “Z”

Insurance leaders and experts shared the common denominators that insurers are struggling with along with the future of the industry and who it is for.

The future of Asian insurance: sustainable, digital, generation “Z”

Insurance leaders and experts shared the common denominators that insurers are struggling with along with the future of the industry and who it is for.

Government weakness heightens Sri Lankan insurers' risks: Fitch

Earnings are expected to be under pressure, and costs are higher due to currency devaluation.

Profitability of Japanese life insurers to rebound: Fitch

Insurers will see resurgence of overall profitability by 2024.

APAC insurers can weather equity markets' decline: S&P

This assessment took into account the forecasted one-year earnings and lower capital charges.

India’s life insurance premiums down in April

The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.

China Non-Life Insurance stable in Q1: Fitch Ratings

Aggregate comprehensive solvency ratio of the Chinese non-life insurance sector remained high at 238%.

First quarter new funding for InsurTech surge 37.6%: Gallagher Re

This signals the industry may return to pre-COVID-19 levels in 2023.

2023 a mixed bag for Asian insurers: S&P

S&P also warns Asia insurers to be cautious of the effects of geopolitical risks

Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re

This was 7% of the estimated total economic loss of US$77b, globally.

Protection gap in Southeast Asia a massive opportunity for insurers: S&P

Insurers can help insure the bottom 40% income group or address vulnerabilities to natural disasters.

Health planning amongst top financial goals of 3 in 10 Hongkongers

More than half use cash savings to accomplish such goal.

Philippine insurance density inches down in 2022

A total of 128 out of 130 companies submitted data to the Insurance Commission.

S.Korea insurance industry to see 4.7% jump in GWP in 2027

This is due to a regulatory proposal to deregulate digital insurance innovations.

India's first-year premiums drop 16.8% YoY in February

CareEdge Ratings attribute the decrease to the YoY decline in group premiums.

Demand for risk insurance in Asia 'steady' in 2023: Marsh

This is due to the expansion of the Asian market’s capacity for warranty and indemnity insurance

APAC outperforms as global insurance M&A hit 10-year high in 2022

A slowdown in M&A deals in H2 offset some regions' performance.