Asia insurance review. Number 6 - June 2025
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<subfield code="a">Editor's letter Alexa, please play 'Winds of Change' -- Asian news. Indonesia -- Regulator mulls loosening ownership rules in reinsurance sector-- Vietnam. Non-life insurance premiums grow by 10% to over US$3bn in 2024 -- India. 80% of insured uncertain about efficacy of health coverage -- China. Reduced capital charges to spur Chinese insurers' equity investments --Malaysia. Insurance market set to grow on demand for online insurance sales -- Taiwan. Life insurers brace for further appreciation of local currency -- South Korea. Regulators to act on persistently low insurance policy retention rates -- New Zealand. Only 3% of Nat CAT spending allocated to risk reduction and resilience -- Cambodia. Insurance market enjoys sustained growth -- Japan. Tokio Marine Group aims to increase efficient operations at veterinary facilities -- Market profile - South Korea. Regulators supercharge insurance market growth in rapidly ageing society -- Reinsurance brokers turn to national resilience business -- Life insurers in South Korea to stay firm on resilient underwriting and investment results -- Delivering global specialty expertise in the Korean market -- AI. China expected to be biggest market in Asia for AI in insurance over the next 3 years -- Implications of AI integration for insurers -- DeepSeek offers benefits to China's insurers - but not without pitfalls -- AI adoption at appropriate domain levels is key to value creation -- Insurers getting smarter and faster the AI way -- The AI revolution in insurance: from tradition to transformation -- View from India - GenAI shapes how India's insurance agents sell and serve -- AI can give a new look to insurance broking -- The case for responsible AI -- Traditional home insurance essential even with smart home coverage -- Use of AI in cyber security is a veritable 'arms race' -- The perceived AI investment-value divide in Asian insurance -- Understanding AI regulations in Asia -- Agentic AI: Human in the middlel -- Reinsurance Sending SIRC to the next level -- Remaining adaptable to new risks -- China. China can manage Nat CAT better with AI -- Top 5 P&C insurers command 82% of industry profits in 1Q2025 -- Listed insurers show patchy observance of regulators' dividend guidelines -- Notebook. Indonesia: Regulator and brokers gear up for the future -- Products and alliances. AXA HK, Alipay HK and Ant Bank collaborate to provide insurance products; MSIG Insurance launches new pet insurance product; Manulife Hong Kong offers two new CI plans; Allianz Partners Australia and Norwegian Cruise Line collaborate on cruise-specific travel insurance product; Chubb Life Hong Kong launches digital health insurance plan; SBI General Insurance introduces home insurance product; FWD Hong Kong rolls out cross-border medical plan; Markel Insurance introduces clinical trials products to support research worldwide -- Journal. Diary of event -- People on the move</subfield>
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