EY: 2017 Asia-Pacific insurance outlook
February 3 2017
The Asia-Pacific insurance market will remain in transition in 2017, as the convergence of economic, technology, customer and regulatory forces remake the regional playing field. Healthy growth and climbing income levels will continue to fuel demand for insurance products and greater innovation. Advances in digital technology and the rise of Millennials are raising customer expectations for innovative insurance products and digitally-enabled business models.
At the same time, the regulatory landscape will continue to evolve as Asia-Pacific markets tighten capital requirements, adopt the Common Reporting Standard and introduce regulations on consumer protection and cybersecurity. For many insurers, 2017 will be a year of continued change and strategic reassessment of core businesses and distribution channels. While economic growth is expected to stay robust in the region, a Trump presidency in the US may leave China and its trading partners open to shocks that could derail market performance.
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AIG’s McMurdo to join Steadfast MGA as CUO personal lines
- August 20
The move comes as the broking group's MGA division acquires AIG's HNW home and contents portfolio.
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QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
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Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
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Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
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Allianz Re: Agriculture Insurance in Asia: Protection gap and embracing technology
Digital transformation is at the heart of bridging protection gap and removing bottlenecks for farm cover in China and India.
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AXA XL: Helping ESG move from the periphery to the mainstream
Underwriter Victoria Soo and Senior Risk Analyst Daryl Soh on how credit insurance helps finance infrastructure projects and other ESG investments.
