Business
Insurance Asia
Five goals help Allianz Lanka meet market needs
The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.
3 min |
Issue No. 23
Insurance Asia
Filipino gamers boost FWD's play for new markets
Besides covering health risks, the insurer plans to support other game genre and aspects of the gaming ecosystem beyond esports.
3 min |
Issue No. 23
Insurance Asia
Zurich powers up its EV coverage with Tesla partnership in Australia
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
2 min |
Issue No. 23
Insurance Asia
CrowdStrike meltdown may push up cyber insurance premiums
Insurers are refining their policies after the global tech outage to better manage risks.
2 min |
Issue No. 23
Insurance Asia
AIA Group's Hong Kong HQ pairs workspaces with modern sports facilities
The revamped office space at Wan Chai now features an indoor track, gym and sports hall.
1 min |
Issue No. 23
Insurance Asia
AIA Investments recognised for global stewardship, strategic partnerships
The company continues to leverage strategic partnerships and a first-to-market Elite Strategy to deliver superior, diversified returns for its customers.
1 min |
Issue No. 23
Insurance Asia
TOURISM SURGE LEADS TO MORE UNINSURED PATIENTS AT JAPANESE HOSPITALS
As Japan experiences a surge in tourism, the country's top-tier medical facilities are seeing a rise in foreign patients seeking treatment. However, a significant number of these patients are leaving without paying their bills.
1 min |
Issue No. 23
Insurance Asia
K-pop craze may spur demand for hourly travel cover
Income Insurance is banking on millennials and Gen Zs crazy about K-pop to drive the demand for its hourly travel insurance plan, which has been expanded to over a dozen more destinations in Asia, including South Korea.
1 min |
Issue No. 23
Insurance Asia
Public backlash blocks Income-Allianz merger
The failed merger between Singapore’s Income Insurance and Allianz showed that companies should not solely base their financial decisions on the bottom line; public sentiment is just as important.
2 min |
Issue No. 23
Insurance Asia
DATA PROTECTION LAWS PRESSURE IT SYSTEMS
A growing consensus amongst insurers that integrating technology is proving to be the most challenging aspect, despite their successes built on legacy systems.
1 min |
Issue No. 23
Insurance Asia
Why Emerging Markets In The Region Are Most Vulnerable To Insurance Risks
Analysts have named five risks that the Asian insurance sector will have to navigate in the coming months.
3 min |
Issue No. 22
Insurance Asia
CHRIS TAN Digital dilemma: Invest in resilience or risk disruption?
As loss prevention engineers specialising in the resilience of data centres around the world, we have visited our fair share of locations where fire, flood, and other disasters have laid waste to the very data and telecommunications networks that we have sworn to be dedicated to protecting.
3 min |
Issue No. 22
Insurance Asia
Vietnam's insurers armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
2 min |
Issue No. 22
Insurance Asia
How Singlife fights low insurance penetration rates
It offers embedded insurance products through digital wallets like GCash.
2 min |
Issue No. 22
Insurance Asia
InterContinental SG is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel's rain insurance offer.
3 min |
Issue No. 22
Insurance Asia
Hong Kong's top 50 insurers experience 7.7% YoY premium contraction
Analysts said the market's complex financial environment and shrinking population curtailed industry growth.
2 min |
Issue No. 22
Insurance Asia
Singapore's top 50 insurers see 3.7% YoY asset decline
Experts' industry outlook for 2023-2024 centre on digital evolution with Al, protection gaps, strategic partnerships, and resilience amidst challenges.
3 min |
Issue No. 22
Insurance Asia
To lead and to lag: APAC insurance's conflicted AI journey
Investments in APAC account for 24% of the total AI market size, yet 41% still cling to outdated tech.
2 min |
Issue No. 22
Insurance Asia
Insurance underwriting falters under global stagflation
A Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.
3 min |
Issue No. 22
Insurance Asia
Travel insurance sales in Hong Kong soar after unprecedented holiday boom
506,953 residents flew out of Hong Kong on 23 December alone, up 1,727.56% from the previous year.
2 min |
Issue No. 22
Insurance Asia
Insurers prep for Asia's regulatory shake-up
Recent regulatory changes in countries like Vietnam, Thailand, and Indonesia are shaping the future of Asia's insurance industry.
2 min |
Issue No. 22
Insurance Asia
Allianz Syariah ramps up Sharia literacy drives
The company organises educational roadshows and offers free sharia insurance in Bogor City.
2 min |
Issue No. 22
Insurance Asia
IA warns of risks in premium financing amidst rate hikes
Hong Kong’s Insurance Authority (IA) cautioned that premium financing, whilst offering potential benefits, carries inherent risks, particularly in periods of rising interest rates.
1 min |
Issue No. 22
Insurance Asia
How SMEs boost growth for embedded insurance
Insurers leveraging on embedded insurance’s capability is not enough to deter the widening global protection gap, with Asia Pacific accounting for nearly half of all uninsured risk. Thus, insurers like Zurich forecast a trend where this costreducing industry will grow: small and medium enterprises (SMEs).
2 min |
Issue No. 22
Insurance Asia
Mid-level snags stall women's C-suit climb
Women’s representation in C-suite roles grew to over a quarter in the past five years. However, this persists to be a needle in a haystack progress with 90% of women under 30 years old are aspiring to level-up.
2 min |
Issue No. 22
Insurance Asia
Asian insurers' AI-readiness dictates their competitive advantage
Experts reveal why insurers that adapted Al earlier are now realising bigger extra earnings or cost reductions.
5 min |