Page 1 - Malaysian Re Foresights issue 2
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MALAYSIAN RE FORESIGHTS                                                              ISSUE 2| JULY 2020


































                                       Dear Partners and Friends of Malaysian Re,


                                       The  world  was  recently  shaken  by  the  unprecedented  COVID-19  pandemic

                                       which has affected more than 7 million people with total death toll reaching
                                       half a million. In order to flatten the infection curve, countries around the globe

       ISSUE 2 | JULY 2020             have  imposed  extended  lockdowns  with  significant  economic  and  social
                                       repercussions.
           Market Overview

           o  Malaysia – General Insurance   Nevertheless, the lockdowns have spurred innovations as businesses embracing

              and Takaful 2019

           o  Malaysia – Treaty January   the  new normal  by  adopting  extensive  use  of  technology  to  ensure  business

              Renewal 2020

           o  The UAE Insurance Market   continuity. As the lockdowns are being eased, insurance industry will now have

          Environment                 to  adapt  to  the  changing  consumers  behaviour  and  challenging  economic

           o  Climate Change: A Dilemma to

              Insurance Industry       outlook ahead.

           o  Earthquake Pool Program

              Eases the Country’s Financial   In  this  second  edition  of  Malaysian  Re  Foresights,  we  are  delighted  to  share

              Management

           o  The Unpopular but Necessary   insightful  articles  penned  by  Malaysian  Re  team  with  topics  covering  Market

              Case for Coal Fired Power   Overview, Environment & Technology.
              Plant

          Technology

           o  5G Network and The Future of   Stay safe and welcome back!

              Connectivity for Insurance

              and Takaful Industry     Yours Sincerely,

           o  Reinsurance Claims

              Management               Malaysian Re Team

          www.malaysian-re.com.my
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