This year, in line with the increasing relevance of the Environmental, Social and Governance (ESG) framework, Malaysian Insurance Highlights 2022 highlights its implications for Malaysia insurers as well as the industry’s readiness in managing climate risks, not only as experts in risk management and transfer, but also as a corporate citizen.
ASEAN Insurance Pulse 2022 emphasises on the contribution of the insurance industry to climate adaptation and resilience building. The report also focuses on impacts of decarbonization in shaping ASEAN economies’ strategies and operations, ranging from its own asset management and underwriting to supporting clean technologies and changes in its own operations.
Malaysian Insurance Highlights (MIH) 2021 examines the impact of flooding on its economy and insurance markets. Just as 2021 drew to a close Malaysia was hit by one of the worst floods that the country ever experienced. MIH 2021 accentuates the need to address underinsurance as flood risk increases, where the demand for flood cover is influenced by the government’s support of the country’s low-income segment for the loss caused by a disaster.