Researchers say insurers, reinsurers and governments must balance competing trade-offs around risk sharing, pricing and mitigation to sustain disaster coverage.
Rising medical inflation and ageing populations are forcing life and health insurers to shift from product distribution to life-stage design and value generation.
Executives at ITC Asia said insurers should make data collection a visible value exchange while simplifying disclosure, reducing friction and improving customer experience.
The exercise will monitor customer-facing practices across the industry over nine months as regulators intensify scrutiny of digital distribution channels.
