Malaysian Reinsurance Berhad unveils the Malaysia Insurance Highlights 2024, delving into the dynamic and evolving industry landscape. Climate change is reshaping the insurance industry, driving higher premiums and reducing coverage due to increased risks. By 2030, many homes may become uninsurable. There's a push to develop inclusive insurance products for low-income groups, supported by government interventions. Consumer demand is shifting towards comprehensive life and health insurance, spurred by economic uncertainties and climate impacts. The sector must continuously adapt to these evolving risks to enhance resilience and protect consumers. For detailed insights, check out the full report https://lnkd.in/gvU7DRns
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China Taiping secures non-life insurance licence in Luxembourg
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Empowering career-driven women through strategic retirement planning and financial solutions in Singapore.
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