In his 2023 policy address, Hong Kong Chief Executive John Lee announced a series of measures that are likely to be impactful on the insurance industry, including the acceleration of a HK$8 bn (US$1.02...
As part of India's 'Insurance for All by 2047' plan, regulatory changes to solvency, reinsurance, and accounting rules are underway, a move expected to spur sector growth and attract foreign investmen...
Rising interest rates, competition from ‘Super-apps’, and consumer preference for better service are challenging the growth of bancassurance in Southeast Asia.
A report by consultants Capgemini show the population aged over 50 is projected to double from 1990 to 2050 — with life insurers facing the prospect of substantial AUM outflows to beneficiaries.
South Korea leads in insurance digitalization according to Swiss Re's Insurance Digitalisation Index, with focus on R&D spending and digital connectivity; emerging markets are also catching up, providing...
Digitalisation and government intervention are revolutionising the crop insurance markets in China and India, and the approach offers a model to help Southeast Asia bridge their agricultural protection...