In Focus
Australia private health insurers rallies in 2021 with 229.3% surge in profits
Australia private health insurers rallies in 2021 with 229.3% surge in profits
The increase was driven by insurance profits and investment income recovery.
Why are insurers barely earning the cost of capital?
These issues have plagued the industry for a decade.
What’s in store for Asia’s insurance industry in 2022?
Aon’s latest Asia Market Review reveals key areas of opportunities in 2022.
Australia general insurance industry to balloon to $73.6b by 2026
Increased vehicle sales and demand for nat-cat policies helped boost the industry.
How YAS MicroInsurance puts a price on non-fungible tokens
They are one of the first insurtech firms to insure NFTs.
Use of anti-fraud technology skyrockets as insurers wage war against cybercrime
8 out of 10 insurers use predictive modeling to detect fraud.
Singapore's top 50 insurance firms reveal 17.22% increase in assets
Digital dominance and healthtech helped them mitigate losses, Singapore Business Review found.
Great Eastern crafts insurance package for special needs children
Upon the parents’ demise, the payout from the insurance goes to the children’s SNTC trust fund.
Technology tops risk for insurers in APAC
Multiple technology projects could put a strain on insurers.
Australia’s private health insurance rebounds to 44.7%
The country’s private health has been on a steep decline since 2015.
Millennials are Singapore's new ‘sandwich generation’: survey
The youngest millennials are now part of the workforce.
3 out of 5 Malaysian motorists lack flood insurance
Only 34% are covered by flood damages such as falling trees.
9 out of 10 of insurers worried over climate risks
Insurers said this will have a significant impact on portfolio construction.
Evolving risks means more volatility for APAC reinsurers: report
An analyst warns that these could cause some of the data for pricing risk to become obsolete.
Asia commercial insurance prices climbs by 6% in Q3
Meanwhile, global commercial insurance prices increased by 15%.
Surer creates digital ecosystem for the siloed insurance industry
The startup wants a B2B2C environment with multiple parties bringing in different expertise.
The ABC’s of embedded insurance
A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness