Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Jul 2014

Read the latest edition of AIR and MEIR as an Interactive e-book

What more can the insurance industry do for NAT CATs? - Closing the gap

COVER STORY

There is still a serious insurance protection gap in Asia for Nat CAT risks, with the perceived high cost of insurance, mistrust of the industry, cultural challenges and data paucity being cited as the key reasons. To overcome this gap, private insurers must work with the governments in the region to make disaster risk financing a key priority. We drill down on what's happening in two CAT-prone countries in Asia - India and Indonesia.

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Soaring to greater heights

COUNTRY PROFILE

Hong Kong's life business accounting for 85% of total insurance premium pie, grew by almost 20% in new business to US$93 billion driven by strong demand for a range of protection, long-term savings and retirement solutions amidst rising affluence...

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Special feature on cyber liability - Cyber risk and its impact on insurance

IT IN INSURANCE

Cyber risk is a growing threat that is weighing heavily on companies and boardrooms across the globe, including firms in Asia. Two brokers share their expertise with an overview of the impact of cyber threats on businesses, the laws enacted to cope...

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All Stories

Interviews

  • Chris Ho: Serving the industry with dedication

    He helmed one of the first locally-incorporated entities that is staffed by local professionals, with no expatriates; and it was the only company to quote unlimited covers when other reinsurers withdrew from the market. He also oversaw the SIRC...

  • Hansard International: The shift away from Europe

    Mr Graham Morrall, Global Sales & Marketing Director, Hansard International, shares why the Group's Europe unit is no longer accepting new business, and its strategy to make the company successful in Asia and other high-growth regions - a strategy...

Special Feature

Cover Story

Country Profile

  • Soaring to greater heights

    Hong Kong's life business accounting for 85% of total insurance premium pie, grew by almost 20% in new business to US$93 billion driven by strong demand for a range of protection, long-term savings and retirement solutions amidst rising affluence...

  • Raising supervision to global standards

    In an interview with the regulator, Commissioner Annie Choi from the Office of the Commissioner of Insurance (OCI) talks about the work being done to get insurance rules up to international standards to make the industry fit for future growth. By...

  • Non-Life: Bracing for transition

    Hong Kong's general insurance market has experienced strong growth in recent years with gross premiums showing a CAGR of about 10% from 2007 to 2013. Gross premiums grew 7.1% last year to HK$42.1 billion (US$5.4 billion), and the industry recorded...

Legal Page

Think Tank

  • Funding healthcare for an ageing population

    In this extract from The Geneva Association's newsletter, Mr Stephen Bishop from Munich Health looks at the issues surrounding funding mechanisms for healthcare for the elderly and the impact of regulatory change on the sector.

IT in Insurance

Risk Management Feature

News

Global News

  • New IT-based insurance for construction risks

    Munich Re and RIB, a technical ERP software solutions provider for the construction industry, have signed an exclusive agreement to jointly develop the first global IT-based insurance product for large construction projects that covers elements of...

  • Leading insurers will play greater role to tackle climate-related risks

    Sixty-six Chief Executives of the world's leading insurers have confirmed their commitment to The Geneva Association's Climate Risk Statement - a set of guiding principles on the substantial role insurance can play in global efforts to tackle...

  • IIS launches Global 100 Stock Monitor

    The International Insurance Society has launched its proprietary IIS 100 Global Stock Index Monitor. This service will be fully accessible to IIS members on a quarterly basis, providing a unique in-depth tracking of global insurance stock...

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