KUALA LUMPUR (Dec 5): Malaysian Reinsurance Bhd (Malaysian Re) has launched the seventh edition of its annual regional Thought Leadership publication, Asean Insurance Pulse.

In a statement on Tuesday, the company said Asean Insurance Pulse 2023 was launched by the Insurance Supervisory Authority of Vietnam commissioner Ngo Viet Trung.

Asean Insurance Pulse 2023 is dedicated to the topic of inflation and its impact on the Asean insurers.

Malaysian Re president and chief executive officer Ahmad Noor Azhari Abdul Manaf said the Asean region, which consists partly of emerging and partly of mature markets, was no stranger to inflation.

“Nevertheless, complexity, speed and the altitude to which inflation surged within just a few months, present a novelty to most of us in this industry.

“As Malaysian Re, we were thus interested to know how the Asean insurers dealt with this phenomenon, where they saw key challenges, how well they were prepared, and what they heard from their policyholders in terms of their needs,” he said.

““We hope that this year’s report will be a valuable reference, as our qualitative interviews and familiarity with the industry and its drivers had allowed us to identify how the Asean insurers dealt with this phenomenon, where they saw key challenges, and how well they were prepared,” said Ahmad Noor Azhari.