Industry leaders call for greater transparency, enhanced claims oversight, and expanded preventive care, as rising medical costs drive up policyholders’ premiums and insurers’ loss ratios.
Insurers need to balance hyper-personalisation against the risk of fragmenting risk pools into statistically unreliable segments, industry experts say.
Fitch pointed to slower growth and earnings swings as key risks for China and Taiwan’s life insurers, but sees stability for most of the region's life and non-life industry.
