“In the past era of low-interest rates, through premium financing, policyholders may benefit from the spread between their policy returns and bank loans while also amplifying their returns through leveraging. However, this would in turn magnify the risks and potential losses,” Marty Lui, head of Long Term Business (Acting) of the IA said in an announcement.
Esta historia es de la edición Issue No. 22 de Insurance Asia.
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Esta historia es de la edición Issue No. 22 de Insurance Asia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Why Emerging Markets In The Region Are Most Vulnerable To Insurance Risks
Analysts have named five risks that the Asian insurance sector will have to navigate in the coming months.
CHRIS TAN Digital dilemma: Invest in resilience or risk disruption?
As loss prevention engineers specialising in the resilience of data centres around the world, we have visited our fair share of locations where fire, flood, and other disasters have laid waste to the very data and telecommunications networks that we have sworn to be dedicated to protecting.
Vietnam's insurers armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
How Singlife fights low insurance penetration rates
It offers embedded insurance products through digital wallets like GCash.
InterContinental SG is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel's rain insurance offer.
Hong Kong's top 50 insurers experience 7.7% YoY premium contraction
Analysts said the market's complex financial environment and shrinking population curtailed industry growth.
Singapore's top 50 insurers see 3.7% YoY asset decline
Experts' industry outlook for 2023-2024 centre on digital evolution with Al, protection gaps, strategic partnerships, and resilience amidst challenges.
To lead and to lag: APAC insurance's conflicted AI journey
Investments in APAC account for 24% of the total AI market size, yet 41% still cling to outdated tech.
Insurance underwriting falters under global stagflation
A Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.
Travel insurance sales in Hong Kong soar after unprecedented holiday boom
506,953 residents flew out of Hong Kong on 23 December alone, up 1,727.56% from the previous year.
