From Editor-in-chief
Meteorites: Will we "luck out" one day?
Asset Management Focus: Rethinking asset allocation approaches
Asset Management Focus: Finding balance in "stingy" times
Thoughts on Diversity: Anti-diversity
Social Media: Still not too late to be early
CATs back in the spotlight
Affordability, availability key issues in disaster insurance
Attention swings to risk mitigation
Challenges facing the reinsurance industry
Underwriting equation gets too little attention
Breast and prostate cancers - The Australian Experience
Australia's changing insurance landscape - The refreshing winds of change
Pakistan: Interview with Regulator: Innovate to impact
Pakistan: A market in the throes of recovery
The Geneva Association: Derivatives and risk management
Blanket notifications: McManus v ERIC
The Jersey glide
Beyond "admitted" and "non-admitted"
Managing risk in reinsurance
Why captives?
Insurance Risk and Finance Research Centre: Non-life insurance market growth in China - Can we predict it?
The way forward in insurance - Data standards and analytics
Addressing catastrophic clusters
Realising opportunities from reforms
Clients' advocates need self-advocacy
Asia : Over supply of RI capacity could spell danger
Asia: AIG's Les Mouat retires
Australia: Federal govt commits US$102.5 mln to beef up flood mitigation
China: PICC Chair says insurance can support urban-rural devt
Chinese govt working towards sustainable pension payment
Hong Kong: Tax cut to energise captive insurance market
India: IRDA names former LIC Chief Vijayan as new Chairman
Foreign reinsurers to get larger slice of Indian business
Indonesia: Coface opens new rep office
Japan: Premium hike expected in EQ insurance
Takaful Malaysia reports stellar 2012 results
Malaysia: Act proposes to stop composite business
Philippines: Life grew 39%; non-life 8% in 2012
Philippines: Still "relatively uninsured" for life - APLIC
William Roberts Lawyers sets up office in Singapore
Singapore: Non-life underwriting profits rose 16% to US$231 mln in 2012
Singapore: Flexible plans for next-geneneration expats
Global insurers to foot half of Sandy losses
Traditional vs alternative reinsurers: Competition heats up
Populous 21st century to see rise in Nat CATs and fatalities
Diary of Events
People on the move
COVER STORY
Have you embarked on the social media journey yet? Well, it is still not too late to be early. Three insurers who are on the journey point the way, highlighting seven points which an insurer needs to know about social media.
Buy Now
COUNTRY PROFILE
With recurrent flooding and the related nightmares in the country, the Australian government is investing US$102 million to reduce the flood risks and has set up a council to manage these flood threats. While this is good news, more needs to be done...
SPOTLIGHT
The Pakistani Insurance Commissioner speaks on his priority projects including policyholder protection and the drive towards an effective regulatory environment.
The unforeseen occurrence of the recent event in the Cheylabinsk region in Russia raises the question of "what if" and whether the industry is ready to face the consequences of a major meteor strike on Earth.
In the current weak investment climate, insurers are rethinking their asset allocation and redefining their risk appetites. Mr Jerome Ponrouch of BNP Paribas Hong Kong shares how they can manage their assets effectively.
Mr Eugene Mak of Natixis Hong Kong Branch advocates that Asian insurers consider a dynamic asset allocation position so as to produce a "smoother' ride.
Asia Insurance Review invited 11 highly respected Australian insurance industry senior executives to share their views during a breakfast roundtable hosted by law firm Clyde & Co in Sydney. Their wide-ranging discussions covered a raft of topics....
The bushfires, floods and cyclones Australia has experienced in early 2013 have put the insurance industry's catastrophe response back in the spotlight, only two years after the worst season of natural disasters on record. Mr Rob Whelan of the...
With insurance penetration in Pakistan at 0.87% in 2011 for a population of 170 million, there is much optimism, in theory at least. We take a quick look at the life, non-life and takaful sectors.
In this extract from a Geneva Association newsletter, Professor Clifford W Smith explains that if used for hedging rather than speculation, losses on derivatives will be more than offset by gains in operating values.
The English High Court's recent decision in the case of McManus v ERIC has illustrated the extent to which an assured is able to "blanket" notify a problem to insurers, say Mr Ian Roberts and Ms Melissa Russell from Clyde & Co in Singapore.
Mr Stuart Selden of FM Global looks at the risk management decision process from a personal perspective, seeing how similar it is with that taken by FM Global for its clients.
At FERMA's European Risk Management Benchmarking Survey 2012, 42% of risk managers identified compliance with multinational insurance as one of the issues that concern them. Mr Suresh Krishnan of ACE Group explores.
Mr Clarence Wong of Swiss Re highlights 10 touch points that an insurance risk manager should be aware of beyond traditional underwriting risk.
Dr Shinichi Kamiya of Nanyang Business School discusses the underlying issues arising from the patterns of the trajectory of non-life insurance consumption in China.
Besides the focus on customers, products and profits, insurers must also keep up-to-date with technological changes and innovation in order to enhance their competitive positions, said speakers at the ACORD Forum Asia.
Supply hubs are usually concentrated in clusters. At the 4th Institute of Catastrophe Risk Management Symposium, speakers and participants urge for closer industry-government cooperation so as to mitigate such clusters' risks.
More than 800 participants at the 15th Global Conference of Actuaries (GCA) discuss the opportunities that arise from governments' policy changes.
Over the last five years, global reinsurance capital is up by almost 50%, from US$342 billion to over $500 billion and the trend is not slowing down - it grew 10% in 2012 alone, said Mr Robin Johnson, Regional Vice President, Distribution, AIG.
Mr Les Mouat, AIG's Chairman and Head of Distribution, APAC, has retired effective 1 March 2013.
The recent announcement by Prime Minister Julia Gillard, Financial Services Minister Bill Shorten and Attorney General Mark Dreyfus to commit A$100 million (US$102.5 million) in funding over two years for flood mitigation projects was welcomed by...
Global insurance companies are expected to foot approximately 50% of the estimated losses from Hurricane Sandy, or an estimated US$10 billion, given the anticipation that reported total costs will reach $20 billion.
Competition between the traditional and alternative reinsurers is expected to intensify, resulting in consolidation and reduce prices and returns, according to a new report released by investment solution provider Conning & Company.
The US Geological Survey (USGS) had recently published a study which predicted that population increases in this century can be expected to translate to more people dying from earthquakes.