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Region's insurance markets affected differently by inflation
The impact of inflation on ASEAN insurance markets was less than in mature Western markets, as inflation in Southeast Asia was on average...
Dec 13, 20234 min read
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Insurers continue to back fossil fuel production
Most of the insurers continue to support projects to increase oil and gas production, even though climate scientists and experts agree...
Nov 16, 20231 min read
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Digitization, economic growth and climate change drive 4 insurance markets
Vietnam, Indonesia, Thailand, and the Philippines face unique emerging risks, resulting in distinct nuances within their insurance...
Sep 28, 20233 min read
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Insurance sector's 2Q2023 net profits increase despite dip in total premium
The insurance industry in the Philippines raked in a net income of PHP22.4bn ($393.5m) in the second quarter of 2023, 4.23% higher than...
Sep 28, 20231 min read
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InsurTech highlights how Gen Z shapes insurance
One main reason that Gen Z consumers are hesitant about buying insurance products is a lack of personalization, says regional InsurTech,...
Aug 25, 20233 min read
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Insurance penetration stays low despite higher premiums
The Insurance Commission (IC) has expressed optimism that the country's insurance density and penetration would improve on the back of...
Aug 15, 20231 min read
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Region hit by US$7bn economic losses from Nat CATs in 1H
In the Asia-Pacific region, natural disasters in the first six months of this year resulted in overall losses of approximately $7bn, of...
Jul 28, 20232 min read
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Inaugural Insurance Trust Indicator Study shows good levels of trust in insurance industry
The inaugural Insurance Trust Indicator Study (ITIS) shows that consumers and businesses have good levels of trust in the insurance...
Jul 27, 20233 min read
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