From Editor-in-Chief
Chris Ho: Serving the industry with dedication
Hansard International: The shift away from Europe
India focus: To raise FDI limit or not
Event cancellation - Kicking the challenges of global sporting events
Life feature: The US$41 tln gap and $2 tln prize
Life feature: Buying behaviour
Business analytics focus: Unlock profits with smart business software
Investment feature: Opportunities for Asian insurers in ETFs
CFO's role today and tomorrow
What more can the insurance industry do for NAT CATs? - Closing the gap
What more can the insurance industry do for NAT CATs? - Achieving the ideal CAT solution: It takes two to tango
What more can the insurance industry do for NAT CATs? - Risk financing a key priority
What more can the insurance industry do for NAT CATs? - India's Nat CAT conundrum
What more can the insurance industry do for NAT CATs? - Jakarta, Indonesia: Closing the Nat Cat protection gap
What more can the insurance industry do for NAT CATs? - Significant typhoon exposure increases - Are they what we think?
Soaring to greater heights
Raising supervision to global standards
Non-Life: Bracing for transition
Life: Gearing up for the next phase of growth
HKFI: Paving the way for a bright future
SFC guidance on internal product approval process for investment-linked assurance scheme
Changes to Hong Kong's insurance regulatory regime
Funding healthcare for an ageing population
Special feature on cyber liability - Cyber risk and its impact on insurance
Special feature on cyber liability - Covering cyber exposures
"Learn from the future" with Predictive Analytics
Bring on tomorrow - Five top cyber tips for risk managers
Asia: Increased financial insecurities among affluent in Hong Kong and Singapore
Asia: Most Asians want official retirement ages to rise - Manulife
Asia: 1,000+ expected to attend EAIC in Taipei in Nov
Asia: Willis completes acquisition of specialist broker Charles Monat
Asia: Piracy still a big problem in SE Asia
Australia: Allied World has new office in Sydney
Bangladesh: First "women only" insurance policy launched
Bangladesh: New insurance training institute set up
China: IFoA is first actuarial association to open a representative office in Beijing
China: Asia Risk Centre licenses China Agriculture Model to PICC and Swiss Re
China to be 3rd largest insurance mart by 2020
Hong Kong's emission control programme may not be effective - Guy Carpenter
Hong Kong: Peak Re gains life reinsurance licence in Hong Kong
Indonesia: Maipark obtains reinsurance licence
South Korea: KB Financial chosen as preferred bidder for LIG Insurance stake
Pakistan: Takaful windows clear legal hurdle
Pakistan: Government launches National Health Insurance Scheme
Philippine regulator highlights the role of credit ratings in insurance transformation
Singapore: Govt Committee recommends new universal healthcare insurance scheme
Singapore: RMS opens new office in Singapore
Rains, floods hit Sri Lanka
AIG to exit Sri Lanka
New IT-based insurance for construction risks
Leading insurers will play greater role to tackle climate-related risks
IIS launches Global 100 Stock Monitor
AIG: Peter Hancock to replace Benmosche who steps down as CEO on 1 Sep
The Swedish Club returns a strong performance with $17 mln surplus
Diary of events
People on the move
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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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...
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...
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...
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...
The election of a new central government in India has once again opened up the Foreign Direct Investment (FDI) debate in the insurance sector with many stakeholders urging the government to allow 49% FDI, while others are opposing it. Does the...
Mr Andrew Duxbury of Munich Re explains the insurance environment of huge sporting events such as the current World Cup in Brazil, including underwriting assessment and sports disability insurance.
Speakers at the 5th Asia Life Insurance Summit shared that concern of the life sector has switched from the consequences of premature death to extended life, even in countries such as Vietnam.
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...
Public-Private Partnerships (PPP) are touted as the ideal catastrophe risk management and financing solution. In reality, the execution of this strategy in Asia is still far from being the success it is supposed to be. Who should take the lead -...
There are many reasons why there is still a serious insurance protection gap in Asia for Nat CAT risks. These include perceived high cost of insurance, mistrust of the industry, cultural challenges and data paucity. Mr Amer Ahmed of Allianz...
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...
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...
Mr Simon McConnell and Mr Kevin Martin of Clyde & Co's Hong Kong office highlight the key changes proposed in the Insurance Companies (Amendment) Bill 2014 being tabled.
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.
There are increasingly more incidents of cyber theft, sabotage and hacking happening today, many of which have impacted companies operating in Asia. Mr Murray Wood of Aon Risk Solutions says companies need to get the right cover before any...
Messrs Alex Korogodsky and Max Taffel of EY say successful executives today are learning from the future instead of the past, and using predictive analytics to achieve great results. They explain how this is done.
With cyber risk threats increasing, companies cannot take these threats lightly, says Mr Matthew Clarke from AIG as he shares five tops tips on managing these threats.
Affluent and aspiring affluent investors in both Hong Kong and Singapore are feeling increasingly insecure with regard to their financial situations, according to the latest Investor Attitudes Report from Friends Provident International.
Official retirement ages across Asia are out-of-date and need to be raised, said majority of Asian investors, according to new research from Manulife.
Two insurance industry heavyweights - Ms Inga Beale, CEO of Lloyds, and Mr John Tan, Group Chief Executive from Singapore-headquartered reinsurance group, ACR Capital Holdings - will be the keynote speakers at the 27th East Asia Insurance Congress...
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...
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...
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...