Asia insurance review. March 2022

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<dc:date>2022-03-07</dc:date>
<dc:description xml:lang="es">Sumario: Sometimes it takes an extreme event to make us see the connection between two seemingly unrelated developments in our industry. -- Insurers in China are taking care to keep their ageing customers in good humour and are also ensuring that the ageing population does not adversely impact their risk pools. -- Insurers have been innovative and treat the silver generation as an asset and serve them well, initial hiccoughs due to digitalisation and going online notwithstanding. -- The size of China's silver generation accounts for 18.7% of the total population, which is up nearly 5.5 percentage points since the previous national census was undertaken in 2010. -- With the January renewals just passed, the reinsurance market continues to trend towards hardening. Persistent issues with climate change and inflation are compounded by new challenges brought about by the pandemic. -- Overseas reinsurers were allowed to set up their branch offices in India in 2015. Seven years after the decision, we assess the progress made so far. -- Last month, the APRA published its policy and supervision priorities for the year ahead focused on financial stability during the pandemic  but also emphasising new and emerging financial risks, practices and business models that are testing.. -- The life insurance industry in Australia recorded a return to profit in the financial year ending in June 2021, revealing the resilience of the sector. -- Australian Reinsurance Pool Corporation looks forward to fulfilling its purpose during 2022, with support for the terrorism reinsurance scheme extended and confirmed. -- It has been more than 40 years since China's insurance industry resumed after the interruption of the cultural revolution of the 1960s, and China has now become the world's second largest insurance market. -- More often than not, the development of disaster and emergency management systems does not keep pace with the growth of cities. -- The past seven years are on track to be the seven warmest on record, and more severe, more frequent extreme weather events are unfortunately becoming the new norm due to climate change. -- The overall outlook remains positive for most parts of the insurance sector in Asia Pacific but increasing divergence across markets and among insurers might be on the cards.-- The prevailing hard market conditions and new emerging risks have seen the robust growth of captives in Asian from 175 in 2019 to 186 in 2020. -- The surging popularity of cryptocurrencies and non-fungible tokens means that tech-savvy clients are able to access a wide variety of investment options relatively easily.  </dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/178990.do</dc:identifier>
<dc:language>spa</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Perspectivas del seguro</dc:subject>
<dc:subject xml:lang="es">Asia</dc:subject>
<dc:subject xml:lang="es">China</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Asia insurance review. March 2022</dc:title>
<dc:relation xml:lang="es">En: Asia insurance review. - Singapore : Ins Communications Pte Ltd., 2009- = ISSN 0218-2696. - 07/03/2022 Número 3 - marzo 2022 </dc:relation>
<dc:coverage xml:lang="es">Asia</dc:coverage>
<dc:coverage xml:lang="es">China</dc:coverage>
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