From Editor-in-Chief
Dr Frans Y Sahusilawane: For the betterment of the industry
AGCS: Managing risk in an interconnected world
Zurich: Today's risks demand a more proactive approach
HSBC: Rising interest rate's journey will be uncomfortable
IBM: Focus internally for maximum returns on social
ASEAN: AEC: Cutting through the noise
India: Vision for the Indian insurance industry: Increase insurance penetration and sustainable growth
Pakistan: Interview with regulator - Roadmap for growth unveiled
Pakistan: Microinsurance to be the game changer
Pakistan: Curtain-raiser: Pakistan hosting the 2nd SAARC International Insurance Conference
Actuaries: 16th Global Conference of Actuaries: Actuaries need to ramp up role to remain relevant
IIS 50th Annual seminar: A gathering of big names in London
From social media to social commerce: Dream or reality? - From trust to sales
From social media to social commerce: Dream or reality? - Social media: Behind the buzz
Capital, compliance and cyber liability key issues in Australian market
Are you reinsured for terrorism losses in Australia?
The value of forensic accountancy in the claims process
Opportunity knocks in Asia
Finding blue ocean opportunities through investing
Proposed changes to the future of financial advice reforms
Managing interest rate risk in a changing regulatory environment
Legal professional privilege in Australia: Loss adjuster reports
Takaful: Rules redefining insurance's fastest-growing segment
"Groundhog Day" of the retakaful industry
Bring on tomorrow: Four questions for which every risk manager should expect an answer
Engaging corporate risk managers: The case of the ubiquitous risk manager
Engaging corporate risk managers: How can risk management be done better?
Engaging corporate risk managers: Insurance enterprise risk management: What's keeping CROs awake?
Engaging corporate risk managers: Who is it really behind that risk manager's mask?
Engaging corporate risk managers: Contingent Business Interruption - A clear view?
Flood: Mapping flood-prone areas in SE Asia
Flood: The advent of global flood products
Brokers' page: Networking for success
Life feature: The MDRT Experience 2014: Jump the curve, or miss out
Cyber liability insurance: Keyless signature infrastructure for insurance cyber
ACORD Forum Asia 2014: Built for change
A.M. Best hosts breakfast roundtable in Bali
Asian delegates join the World Federation of Insurance Intermediaries meeting in Sydney, Australia
Asia: Xchanging: Stability of insurance business makes tech a harder sell
Asia: AEC will provide significant opportunities for independent brokers
Asia: DirectAsia acquired by Hiscox
ASEAN: Majority believe rule harmonisation benefits region - Milliman
Asian countries ranked low in positive customer experiences - Capgemini
Asia: Prudential and Standard Chartered expand strategic bancassurance partnership
Australia: ASR Underwriting Agencies launches tourism industry liability policy
Australia: Take part in 2014 Australian Insurance Industry Awards
Chinese academic is recipient of 2014 John S. Bickley Founder's Award
China is world's 2nd largest agricultural insurance mart
Cigna enters Indian market
Japan's February snowstorms claims payouts forecast at US$585 mln
Malaysia confirms MH370 crashed in the southern Indian Ocean
Mongolian insurance sector on track
Great Eastern Life sets up in Myanmar
Pakistan: New rules for TPAs
Taiwan's insurance sector outlook remains stable - S&P
Some insurers cease writing new political risk insurance in Russia and Ukraine - Marsh
Lord Mayor of London to speak at IIS 50th Annual Seminar
Qatar: Insurance gap needs to be filled through public-private partnerships (PPP)
Diary of events
People on the move
COVER STORY
The insurance business is really about trust and so social media, being a powerful form of peer influence, is key for social commerce. Insurers thus have to leverage this trust network to introduce their best products and services, thereby improving the public perception not only of them but of the whole industry.
COUNTRY PROFILE
While wide ranging issues faced Australian insurers, a Roundtable of 13 senior executives showed that the three "C" of capital, compliance and cyber liability dominate.
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RISK MANAGEMENT FEATURE
With RIMS annual event in Denver this month, we look at the ubiquitous risk manager in the evolution of risk management and the critical role he plays today with greater responsibilities, the face behind the risk manager's mask and the four...
Dr Frans Y Sahusilawane, President & CEO, PT Asuransi MAIPARK Indonesia, belongs to the "generation of transformation" in the country's insurance industry, and like others in this generation, he believes that they need to steer the country's...
As Asia grows from strength to strength, it must also be mindful of the risk landscape that is ever-evolving, says Mr Alexander Ankel, CEO Asia, Allianz Global & Corporate Specialty (AGCS). Drawing from the Allianz Risk Barometer Report 2014, he...
Zurich Insurance's Chief Risk Officer for General Business, Mr Steve Wilson, talks about the global risk landscape whose interconnectedness demands a joint effort from governments, corporations and also the insurance industry. By Ridwan Abbas
Above 90% of the measures for the financial services sector due under the AEC Blueprint have been implemented as of October 2013, it was revealed at the 14th CEO Insurance Summit in Asia, the first dedicated conference on the ASEAN Economic...
Second-year Post Graduate Diploma in Management students at the National Insurance Academy, Ms Kritika Kalyanpur and Mr Shrinidhi Murthy, say the vision for India's insurance industry, as always, is to bring more people under the purview of...
Although Pakistan has 49 insurers operating, it still has one of the lowest penetration levels in South Asia at 0.7%. However, this is bound to change as the industry pursues a new roadmap for growth with a thrust on microinsurance to reach the...
In spite of having 49 insurers operating in the market, Pakistan still has one of the lowest penetration levels in the South Asian region at 0.7%. However, this is bound to change as the industry pursues a new roadmap for growth with a thrust on...
This year, the annual insurance seminar of the International Insurance Society (IIS) will be held in London, the founding seat of insurance, from 22-25 June 2014. With more than 600 industry leaders from about 50 countries expected to attend this...
The insurance business is really about trust and so social media, being a powerful form of peer influence, is key for social commerce. Insurers thus have to leverage this trust network to introduce their best products and services, thereby improving...
The social media buzz talk is getting tired, if not already stale. Some think it should be taken to the next level - beyond conversations and customer feedback - to social commerce. Can social media prove its commercial viability in the insurance...
Dr Christopher Wallace from the Australian Reinsurance Pool Corporation (ARPC) discusses ARPC's scheme, its retrocession program and the analysis from a three-dimensional blast model for the tier A locations.
Business interruption insurance coverage and the potential claims arising in the event of a loss are usually considered complex challenges for all insurance professionals irrespective of the size of the organisation and the impact of the potential...
In this extract from The Geneva Association's Insurance and Finance newsletter, Mr Age Lindenbergh of KPMG examines the low interest rates environment and recommends what insurers should do under such conditions.
Mr Chris Harris from Clyde & Co Perth looks at Legal Professional Privilege relating to loss adjuster reports, citing various case laws to illustrate the principle.
The past 18 months has seen notable developments in key takaful markets both in Asia as well as globally. We look at some of the market-moving changes taking place in the high-growth world of Islamic insurance.
The global retakaful industry seems to be stuck in the same groove. Mr Marcel Papp of Swiss Re Retakaful explains.
A risk manager should ask his insurer four pertinent questions and his insurer must have ready great answers for them, says Mr Rudi H Spaan of AIG APAC Holdings.
Dr Roy Rimington of the Risk and Insurance Management Association of Singapore discusses the evolution of risk management and the roles and responsibilities of risk managers.
Mr Franck Baron of Pan-Asia Risk & Insurance Management Association shares what risk managers, companies, and the insurance industry can do better to improve risk management; and how PARIMA is playing its part.
Dr Keping Chen from the Macquarie University introduces three major flood projects which Risk Frontiers at the university has developed.
The simulation of flood risk in emerging markets is improving with better technology and with the presence of modelling platforms which make these data more accessible, says Mr Andrew Smith of SSBN.
Broker networks came under the spotlight at the 2nd Asia Insurance Brokers' Summit, as did the push for their members to achieve profitable growth and develop as valued partners in risk management.
Mr David Piesse from Guardtime addresses the use of a new standard for cyber liability insurance called Keyless Signature Infrastructure.
Delegates at the ACORD Forum Asia shared their willingness to embrace new technology and standards in pursuit of business efficiencies and growth.
A.M. Best held a breakfast roundtable on the sidelines of the 14th Asia CEO Insurance Summit in Bali, Indonesia. With the summit adopting the theme of the ASEAN Economic Community, A.M.
The World Federation of Insurance Intermediaries held its annual World Council meeting in Sydney, Australia, on 16 and 17 March 2014.
The industry has been relatively slow in adopting new technology due to the fact that insurance has remained a stable business and has not had a compelling reason to effect change.
Independent insurance brokers attending the Brokerslink Asia Pacific regional conference in Thailand in March were told to grasp with both hands the significant opportunities generated by the formation of the Association of Southeast Asian Nations...
Hiscox, a global specialist group headquartered in Bermuda, has reached an agreement with Whittington Group, a Singapore-headquartered insurance services and investment business, to acquire its direct-to-consumer online operation DirectAsia.
Concerns over the political unrest and the impact of sanctions against Russia have caused some insurers to effectively stop underwriting political risk insurance in Russia and Ukraine, said Marsh L.L.C in a briefing.
The Lord Mayor of the City London, Alderman Fiona Woolf, CBE, will deliver the welcome address at the 23rd June official opening of the 50th Annual seminar of the International Insurance Society (IIS) which will take place at the Park Plaza...
The insurance industry must take active steps to close the gap between economic losses and insured losses and the problem can only be solved through private and public sector partnership, said the insurance keynote speaker, Mr Amer Ahmed, CEO of...