Exclusives

Why embedded insurance is a must-have

An estimated 16% of Asian insurers’ revenues are now derived from embedded insurance.

Why embedded insurance is a must-have

An estimated 16% of Asian insurers’ revenues are now derived from embedded insurance.

Singaporeans struggle with critical illness coverage despite reduction in protection gap

AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.

To lead and to lag: APAC insurance’s conflicted AI journey in 2024

Whilst AI investments reached 23.93% of the total market, 41% of firms in Asia Pacific cling to outdated tech, hindering efficiency and scalability.

Insurance rides high on surge in Hong Kong travellers

CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.

Economic slowdown challenges insurance underwriting; emerging markets show promise

Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.

Rising S’pore EV registrations prompt insurers to evaluate premiums and coverage

Plugging into Lion City’s 80% emission cut goal, EVs bring progress and new risks for motorists.

Swiss Re upbeat about growth of insurance sector

As a cautionary note, an economist said fixed annuities face potential decline as higher Interest rates shift consumer preferences.

Hong Kong’s top 50 insurers experience 7.7% YoY premium contraction in 2022

Analysts said the market’s complex financial environment and shrinking population curtailed industry growth. Cross-border expansion could alleviate...

Singapore’s top 50 insurers see 3.7% YoY asset decline in 2022

Experts’ industry outlook for 2023-2024 centres on digital evolution with AI, protection gaps, strategic partnerships, and resilience amidst...

Arthur D. Little sees embedded finance growth to $350b in 2024

Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.

Swiss Re: Asia’s insurance players target health industry in 2024

In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last...

Manulife Singapore targets rapidly growing high-net-worth market

New data suggests young beats old in appetite for investments.

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.

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.

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...