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2023 Annual Report


Presented by Kyobo Life

Kyobo Life aims to enhance competency in the insurance business and lay the foundation to drive the success of new businesses.

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Venturing Into Insurance


Presented by Oliver Wyman

The connection between mental health disorders and all-cause mortality


Presented by RGA

In a new study using a dataset of 9.2 million individuals, RGA employed advanced statistical modeling to examine the elevated mortality risks associated with anxiety, depression, and bipolar disorder, offering insurers valuable insights as they underwrite and develop products for people with mental health conditions.

From Youthful Image to Aging Reality: Rethinking Korea’s Pensions for a Super-Aged Society


Jaeyoon Lee, Assistant Manager, Corporate Pension Division Investment Consulting Team, Kyobo Life Insurance Company, Ltd.


Executive Summary

This paper, titled "From Youthful Image to Aging Reality: Rethinking Korea's Pensions for a Super-Aged Society," explores the stark contrast between South Korea's youthful global image and the rapidly aging reality it faces. 

Customer Wellness Agenda in the Health Insurance Industry

 

Sandeep Kedia, Chief Financial Officer, Aditya Birla Health Insurance


Introduction

Spreading risk among many is termed as Insurance1a Spreading risk can be as simple as multi-member group in hunting to spread risk of being the one to be insured or killed by animals, or shipping cargo in batches so that entire shipment is not lost.

The “X Factor” in Unlocking Insurance Growth in Emerging Markets: A case study of Vietnam


Annie Nhat Anh Tran, Enterprise Risk Manager, MSIG Asia Pte Ltd
 

Introduction 

Born and raised in Vietnam, I spent my childhood during the early 1990s, the struggling years of the country’s economic reform, or so-called “Doi Moi.” Back then, Vietnam was a low-income nation heavily reliant on agriculture, with gross domestic product (GDP) per capita of less than $200[1].

Silver Solutions Beyond Product Development: Innovating Insurance for South Korea’s Senior Market


Kyeonghwa Kim, Chief Pricing Actuary, RGA
 

1.  Introduction 

Over the past few decades, South Korea has witnessed remarkable economic growth, emerging as the eighth-largest global life insurance market in terms of gross written premiums. 

By 2025, Korea is expected to enter a super-aged society, meaning the elderly population aged 65 and above exceeds 20 percent of the total population. This rate of aging is unprecedented, not just in Asia but across the world [1]

To Be a Noble Profession, Insurance Must Promote Greater Inclusion

Presented by RGA

Underserved markets range from those with chronic diseases to those at the lower end of the economic spectrum. All deserve some level of protection. RGA’s Carolyn Pritchard, Head of Underwriting, Latin America, asserts that accomplishing this mission is not possible without purposeful attention to financial inclusion.

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Preparing for Overseas Child Education: An in-depth Analysis of the Evolving Preference of Parents in Hong Kong and Mainland China

 A research report by HSBC Life Hong Kong (partnered with Economist Impact)

With an increasing customer demand for help with planning overseas education for children, the insights in this research report will help parents better plan for the longer-term costs of international education and put in place proper financial plans to ensure their children can benefit from the global opportunities that await them.