APAC insurance risks seen as “largely manageable”

spike

“Today, the pandemic-related losses are largely manageable across APAC,” Bennett commented.

“One of the top risks on the horizon is asset volatility which has the potential to affect capital adequacy, and we still see this as a very high-risk factor.”

“The second highest risk is around claims, the highest profile types being business interruption claims and catastrophe claims,” he explained.

“Another risk is increased spending undertaken as a policy response to COVID-19 shutdowns, which can potentially affect credit quality, and that also feeds into the capital adequacy assessments that we undertake.”

Bennett noted that insurer sales have been affected by

Read More

Sun Life study finds strong optimism among Asian insurance advisors

spike

The study also found that health concerns are now top of mind, with 79% of advisors expecting higher sales of medical products and 77% expecting growth in critical illness insurance sales.

The insurer surveyed 1,600 insurance agents and advisors from various insurance carriers in Hong Kong, Indonesia, Malaysia, the Philippines, and Vietnam between August and September 2020.

Another major finding was the pandemic is driving advisors to further embrace digital technology. A majority of respondents (59%) strongly believe they will use both digital and non-digital tools to communicate with clients in the future. The pandemic has also pushed advisors to

Read More

Atlanta SEO Firm

spike

Today, even the sector of dentistry is wealthy in artistic entrepreneurs who actively create and introduce goods and providers that will appear cool and unusual to you. By the way, helping others develop their wealth can be a great way to grow your personal financial value as a side enterprise idea. If in case you have stock market and finance credentials , then you can earn freelance commissions or consulting charges, advising purchasers on easy methods to get the very best returns for their investments as a profitable facet business idea if you may get results for those shoppers—otherwise this … Read More