While growth will inevitably slow down, considerable opportunities remain in Asia-Pacific, especially in those areas where the region’s insurers are aggressively experimenting and innovating.
What should insurers do today to prepare for tomorrow?
Financial Services Briefing
White paper on China commercial health insurance
Insurance Accounting Alert – November 2018
Insurance Accounting Alert – 31 October 2018
Good Life Insurance (International) Limited – IFRS 17 General Model
China further opens up financial sector (V)
Digital. Human. Do we have to choose?
IFRS 17 podcast series I Episode 2
Navigating change to seize new global opportunities
Profound regulatory change. Unprecedented opportunity in emerging markets. Lingering economic uncertainty. Technology-driven disruptions. Rising consumer expectations. Intense cost and competitive pressures.
Our global team of industry professionals helps insurers navigate these challenges — and seize the strategic opportunities they represent. We help you find better answers by asking better questions about the most critical aspects of the business:
- Finance, risk and actuarial
Stronger alignment across finance, risk and actuarial teams is taking place to address the wave of regulatory and accounting change and to promote efficiency and consistency of analysis and reporting.
- Operational excellence
Automation, rationalization and optimization are the keys to achieving exceptional operations and sustaining margins in the face of cost pressures.
- Using behavioral analytics to drive customer value
- Life Insurance Operations
- Underwriting, Product & Policy
- Stronger customer connections
Tailored product offerings, personalized experiences, and streamlined sales and service processes deliver what customers want and drive growth.
- Mergers and acquisitions
Current market challenges present numerous growth and investment opportunities for insurers around the world.
- Technology-enabled transformation
Enhanced technology can result in breakthrough performance gains in claims, underwriting, policy and billing.
- Governance, risk and compliance
The Insurance Governance Leadership Network (IGLN) is committed to building strong, enduring and trustworthy insurance institutions.
- Emerging market strategies
New technology and increasing consumer demand offer opportunities in Africa, Brazil, China, India and other fast-growth economies.
- The future of health insurance
From usage-based insurance to wearable technology, disruptive trends and innovations are bringing about an era of profound change.
Connect with us
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Our survey shows public health insurance in China offers wide but inadequate coverage, leaving considerable unmet demand. Read how health insurers can thrive.
IASB has tentatively decided to defer the effective date of IFRS 17 by one year to reporting periods beginning on or after 1 January 2022.
IASB appears to be open to considering limited changes in the coming months, including a deferral of the current implementation date of 1 January 2021.
New tide of opening-up will bring new opportunities to both incumbent foreign asset management companies and those that have not yet entered the Chinese market.