In Focus
Higher insurance claims lead to underwriting pressure for APAC reinsurers
Higher insurance claims lead to underwriting pressure for APAC reinsurers
S&P said APAC reinsurers showed slower growth and subdued underwriting margins.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Ongoing flooding won’t make Australian insurers tap reinsurance: S&P
The analyst also said insurer earnings will only erode slightly.
How do Hong Kongers fare in their retirement preparations
Two out of five are hoping to retire before their 60s, Sun Life reveals.
Is climate risk getting too hot to handle for reinsurers?
Analyst says governments will link arms with reinsurers to fortify natural disaster defense.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Virtual insurer Bowtie cuts down product prices by half
This is done by cutting out insurance agents from the onboarding process.
Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey
The two roles overlap when it comes to protecting clients’ assets
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.
Hong Kong consumers are ‘moderately literate’ in insurance: study
But behavioural biases dragged the city's literacy score.
Consumers are cutting back on insurance spending and here’s why
With the cost of living on the upswing, will insurance be cut out of the household budget?
What an on-demand insurance product looks like
YAS MicroInsurance allows runners to be insured per kilometre, on the spot.
Marine, aviation, and transit insurance in APAC to balloon to $16b by 2026
It is estimated to grow at a CAGR of 6.4%.
Asia commercial insurance pricing increases sluggish in Q2
Pricing increased just 3% for the region, the same as last year.
Thailand’s life and health insurance industry to surge to $36.1b in 2026
The industry is growing at a CAGR 4.7%.
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