...The Indian insurance regulator IRDAI has urged all entities under its oversight to promote cyber security awareness in both the public and private sectors....
Source : AIRPlus | 14 Oct 2025...Manufacturing executives in the Asia Pacific region are the third most concerned about cyber risk (29%) compared to other industries, only behind financial/professional services (33%) and energy and utilities (40%), a new survey by specialist insurer Beazley reveals....
Source : AIRPlus | 14 Oct 2025...The Malaysian government has proposed various incentives to encourage Malaysians to buy insurance policies....
Source : AIRPlus | 14 Oct 2025...Pricing insurance coverage for ecological restoration is a challenge and "super tricky", according to SCOR head of P&C product and innovation, Mr Henri Douche....
Source : AIRPlus | 09 Oct 2025...A significant proportion of Australians, polled in a recent survey, admitted to eating or drinking behind the wheel, followed by speeding over the limit, and being distracted by other passengers, according to Compare the Market, a comparison platform....
Source : AIRPlus | 09 Oct 2025...The insurance industry is seeing a major transformation as the mobility landscape evolves, according to SCOR head of P&C product and innovation, Mr Henri Douche....
Source : AIRPlus | 09 Oct 2025...Singaporeans are among the most vigilant globally when it comes to cyber security, leading the Asia-Pacific region in multi-factor authentication (MFA) adoption and ranking among the most concerned about AI-driven threats....
Source : AIRPlus | 08 Oct 2025...New data released by the Insurance Council of Australia (ICA) shows that Australia has consistently taken the silver medal for extreme weather losses over the last 45 years - beaten only by the US....
Source : AIRPlus | 08 Oct 2025...India is exploring a countrywide parametric insurance programme for climate risks, according to a news report by Reuters....
Source : AIRPlus | 08 Oct 2025...Almost half (45%) of Australians who accessed mental health services in the past year used private health insurance, new research from Money.com.au shows....
Source : AIRPlus | 08 Oct 2025...The Reserve Bank of India (RBI) has proposed that a risk-based premium system should replace the current flat rate system for the deposit insurance scheme for Indian banks....
Source : AIRPlus | 06 Oct 2025...The Financial Services Authority (OJK) has urged local insurance companies not to use domestic reinsurance as a vehicle to dispose of unprofitable risks....
Source : AIRPlus | 06 Oct 2025...Urbanisation, evolving consumption, and digitalisation are expected to shape the financial needs and risks of Emerging Asia, which insurers must understand to seize growth opportunities, according to the writers of an article published by Hong Kong-headquartered Peak Reinsurance....
Source : AIRPlus | 01 Oct 2025...The 31 members of the General Insurance Association of Japan (GIAJ), in the financial year ended 31 March 2025 (FY2024) posted a combined net income (after tax) of JPY1,817bn ($12.4bn), 103% higher compared to FY2023, according to Toa Reinsurance's recently released "Japan's Insurance Market 2025" report....
Source : AIRPlus | 01 Oct 2025...The premium income and other revenues of Japan's 41 life insurance companies increased slightly by 0.1% year on year to JPY43.0tn ($292.4bn) in the fiscal year ended 31 March 2025 (FY2024), according to an article by the Life Planning Department of The Toa Reinsurance Company (Toa Re)....
Source : AIRPlus | 01 Oct 2025...Raising a child is never an easy task, and the present economic climate makes the challenge especially hard, Sun Life Grepa said in a statement....
Source : AIRPlus | 01 Oct 2025...The inaugural Global Insurance Excellence Awards (GIEA), hosted by Bajaj Allianz General Insurance, last month highlighted the critical role of insurance agents, advisers and brokers in the general insurance value chain....
Source : AIRPlus | 01 Oct 2025...The expected retirement age in Australia has moved up, driven over the long term by a growing cohort of 'ageless workers' - older Australians who are happy to stay in the workforce well beyond retirement age, says KPMG Australia....
Source : AIRPlus | 24 Sep 2025...Structural changes to Australia's labour force are "blurring what was once a sharp divide between work and retirement", according to KPMG Australia....
Source : AIRPlus | 24 Sep 2025...For the first time, health insurance has overtaken motor coverage as the largest line of business in Singapore's domestic market, said MSIG Singapore CEO Mack Eng....
Source : AIRPlus | 24 Sep 2025...Consumer demand is growing for value-driven insurance solutions that offer both affordability and personalisation, MSIG Singapore CEO Mack Eng said....
Source : AIRPlus | 24 Sep 2025...Backed by a regulatory environment that encourages companies to practise environmental, social and governance (ESG), insurers will play an increasingly important role in Singapore's green transition, MSIG Singapore CEO Mack Eng said....
Source : AIRPlus | 24 Sep 2025...The APAC region presents immense diversity, spanning East Asia, North Asia, Southeast Asia, South Asia and Oceania....
Source : AIRPlus | 24 Sep 2025...Two thirds (68%) of consumers under 40 see life insurance as essential for a healthy financial future; yet, current offerings are not aligned with their financial priorities, thus hindering adoption, according to the findings of a survey by Capgemini Research Institute and LIMRA ....
Source : AIRPlus | 24 Sep 2025...Participants at the recent Singapore Actuarial Conference discussed the qualities needed in actuaries who aspire to move into business leadership roles or start a new business....
Source : AIRPlus | 18 Sep 2025...The question of who should bear the costs of new medical treatments was raised during a panel discussion at the Singapore Actuarial Conference 2025, with attention on the government, insurers, employers and patients....
Source : AIRPlus | 18 Sep 2025...A question addressed at the Singapore Actuarial Conference 2025 was how insurers, in pricing medical insurance plans, can work around coverage, access and decisions when they lack full data credibility....
Source : AIRPlus | 18 Sep 2025...The increasing frequency of floods suggests they can no longer be viewed as a secondary risk, according to Nanyang Technological University (NTU) research assistant professor Xu Yanbin during the recent Singapore Actuarial Conference 2025. Dr Xu was speaking in collaboration with the Global Asia Insurance Partnership (GAIP)....
Source : AIRPlus | 18 Sep 2025...Weather insurance for farmers can be classified into two broad categories, NTU associate professor Zhu Wenjun said at the recent Singapore Actuarial Conference 2025....
Source : AIRPlus | 18 Sep 2025...Geopolitical tensions, protectionist policies and shifting economics are reshaping global supply chains, raising costs, amplifying uncertainty and increasing the risk of long-term fragmentation, said Swiss Re....
Source : AIRPlus | 18 Sep 2025...The number of non-contributing members to KiwiSaver, a voluntary savings scheme to help New Zealanders fund their retirement, is on the rise, according to the chief executive of the Financial Markets Authority (FMA), Ms Samantha Barrass....
Source : AIRPlus | 18 Sep 2025...The bedroom is the most targeted room in home thefts, according to a survey by the price comparison platform, Compare the Market...
Source : AIRPlus | 18 Sep 2025...The earthquakes felt in both Sabah and Peninsular Malaysia in recent weeks serve as a reminder that the country is not free from seismic activity and other natural disasters, the General Insurance Association of Malaysia (PIAM) said in a statement....
Source : AIRPlus | 11 Sep 2025...The softening insurance market in New Zealand has continued through 1H2025, according to Gallagher Insurance's "Insurance Market Update", published in August 2025....
Source : AIRPlus | 11 Sep 2025...There is a need for increased driver awareness on Australia's roads, especially between dawn and dusk, because of the risk of wildlife collisions....
Source : AIRPlus | 11 Sep 2025...Global reinsurers built their capital by at 4.8% to $805bn, as of 1H2025, an increase of 4.8% versus the restated full-year 2024 base, according to Gallagher Re's "Reinsurance Market Report: Results for half-year 2025", published earlier this month. The increase was supported by solid retained earnings....
Source : AIRPlus | 11 Sep 2025...After a 40-year absence, the Pacific Insurance Conference (PIC) is making its highly anticipated return to Korea in 2025, marking a significant milestone for the Asian insurance industry. RGA Korea CEO and RGA Asia Pacific chief marketing officer Michael Shin, president of the Asia Insurance Leadership Forum (AILF) organising this year's PIC, spoke about what makes this year's conference particularly special....
Source : AIRPlus | 29 Aug 2025...Slightly more than half (51%) of Gen Zs are optimistic about their future in the next 60 years, and are confident they will be able to retire well and pay for their daily necessities, healthcare and other expenses, a poll commissioned by Prudential Singapore, titled 'SG60 Financial Future Poll', found. The majority of Gen Z respondents, though, do not have a retirement funding plan....
Source : AIRPlus | 28 Aug 2025...Baby Boomers (people aged 55 and above) regret not planning for retirement earlier, according to a survey -- 'SG60 Financial Future Poll' -- commissioned by Prudential Singapore....
Source : AIRPlus | 28 Aug 2025...The biggest worry of Singaporeans is the high cost of living (according to 75% of respondents to a survey), followed by healthcare costs (56%) and insufficient income growth (50%)....
Source : AIRPlus | 28 Aug 2025...Life and health (L&H) insurers and takaful operators in Malaysia have been grappling with mounting challenges driven by steep medical inflation, regulatory shifts, and broader economic changes, according to Zurich Takaful Malaysia CEO Nur Fatihah Mustafa and Zurich Life Insurance Malaysia CEO Pauline Teoh....
Source : AIRPlus | 28 Aug 2025...A total of 1,340 people died on Australian roads in the 12 months to 31 July 2025, according to the Australian Automobile Association (AAA). This number represents a 2.9% increase from the same period a year earlier, and is also the highest for any corresponding period over the last 15 years, the association noted....
Source : AIRPlus | 28 Aug 2025...Speed and efficiency are critical when processing claims because the claim period represents a stressful time for policyholders and certificate holders who have suffered a loss, according to Zurich Takaful Malaysia CEO Nur Fatihah Mustafa and Zurich Life Insurance Malaysia CEO Pauline Teoh....
Source : AIRPlus | 28 Aug 2025...It is not too late for senior actuaries to learn to use AI and the technology is unlikely to derail their careers, Uber Technologies vice president of applied science, Dr Frank Chang, said....
Source : AIRPlus | 25 Aug 2025...Actuaries can bring clarity to a world where uncertainty and unpredictability are "through the roof", said Singapore Actuarial Society council member Akash Gupta....
Source : AIRPlus | 25 Aug 2025...The underperformance of Pakistan's insurance industry is symptomatic of deeper structural constraints that continue to hinder the sector from realising its full potential, according to the chairman of the Securities and Exchange Commission of Pakistan (SECP), Mr Akif Saeed....
Source : AIRPlus | 24 Aug 2025...The Financial Supervisory Commission (FSC) is encouraging the insurance industry to establish a 'designated contact person' mechanism for insurance policies to protect the assets of the elderly and people who lack mental capacity....
Source : AIRPlus | 22 Aug 2025...The Office of Insurance Commission (OIC), the insurance regulator, is playing its part to help promote Thailand as a tourism destination, by enforcing measures to ensure tourist safety, security and convenience through the five strategies the Tourism Authority of Thailand (TAT) outlined in 2024....
Source : AIRPlus | 21 Aug 2025...Many countries across Asia have a significant proportion of people aged 65 or over, according to QBE Asia's report, titled "Managing the Risks of an Ageing Workforce"....
Source : AIRPlus | 21 Aug 2025...Technology plays a critical role in service delivery and experiences for high-net-worth (HNW) clients, HSBC Life Singapore CEO Harpreet Bindra has said....
Source : AIRPlus | 21 Aug 2025