Magazine

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

Aug 2017

Contents

August-Home
Editor's Message
Interviews
Magazine article aboutMSIG-Speed-in-the-hour-of-need

MSIG: Speed in the hour of need

Singapore Life: Breathing new life into the Singapore market

Agents Awards Feature
Magazine article about2nd-Asia-Trusted-Life-Agents-and-Advisers-Awards-An-inspiration-to-Asia-s-life-insurance-industry

2nd Asia Trusted Life Agents and Advisers Awards: An inspiration to Asia's life insurance industry

Going Digital
Magazine article aboutThe-CEO-s-guide-Leading-the-digital-transformation

The CEO's guide: Leading the digital transformation

Cover Story
Magazine article aboutRoundtable-Jazzing-up-the-shine-in-the-Asian-Life-markets

Life Insurance

Roundtable: Jazzing up the shine in the Asian Life markets

Microinsurance: The quest for effective distribution

Banks & Life in mutual reflection

Country Profile
Magazine article aboutStrong-steady-seeking-sustainability

Thailand

Strong, steady & seeking sustainability

Interview with the Regulator: Engaging disruption to benefit the industry

Life: Positive outlook for 2017

Weaving social needs into protection innovation

Non-life: Steady and strong

Non-life: A paradigm shift

Spotlight
Magazine article aboutThe-queue-just-got-longer

Myanmar

The queue just got longer

General Insurance
Magazine article aboutRisk-Quality-Benchmarking-The-process-and-benefits

Risk Management

Risk Quality Benchmarking: The process and benefits

Life & Health
Magazine article aboutAgents-in-South-Asia-They-re-still-alive-and-kicking

Agent Stand Tall

Agents in South Asia: They're still alive and kicking

Innovation Focus

Take charge and be a game changer for future success

Insights
Magazine article aboutThe-Geneva-Association-Sovereign-Risk-Financing-and-Risk-Transfer-Schemes-A-critical-component-of-a-comprehensive-disaster-risk-management-strategy

Think Tank

The Geneva Association - Sovereign Risk Financing and Risk Transfer Schemes: A critical component of a comprehensive disaster risk management strategy

View from India

Home insurance: Indians are not at home with it!

Sustainability

Innovating for sustainable aquaculture growth

Focus on Investments

Opportunities for investment growth amidst a regulatory power up

New solvency regimes will alter approach to investments

CAT Focus

CAT resilience: Cementing the cornerstones

IT in Insurance

Impact of five technology forces on the Engagement Era

Cyber

Risk management across supply chain vital to cyber defence

News

Asian

Asia: Next EAIC set for May 2018

Milestone development: InsurTech Asia Association launched

Asia: AIDA's APIC to be held in October in Singapore

Asia Pacific: Regional giants to drive global life market

Asia: Tan Suee Chieh elected to council of IFoA

Asia: CIOs to forge ahead on InsurTech battleground

Asia: Protecting crops and farmers

Asia: SMART pensions for ageing populations

Australia: Moderate life growth seen for this year

Over 50 finalists in Australian Insurance Industry Awards

Cambodia: Life to push overall market growth

China: Insurance asset management to see reform in 6 areas

China: Super regulator to be formed

Hong Kong: New regulator to streamline rules to boost FinTech

Japan: More new products targeted at dementia-related issues

India: Regulator takes big step to protect policyholders

South Korea: Govt looking at getting health insurers to cut premiums

Malaysia: More than 55% of firms lack business liability cover

Malaysia: Takaful sector to consolidate due to regulatory pressures

Nepal: Microinsurance gets a huge push

Nepal: Beema Samiti slashes premium rates for Riot Strike and Terrorism

Philippines: Number of non-life insurers to dwindle for want of funds

Singapore: Govt looks into administering long-term care insurance scheme

Sri Lanka: World Bank calls for national disaster risk funding strategy

Thailand: Online car insurance broking startup targets US$3 bln premiums in 1st year

Global

Businesses need to prepare for full costs of cyber attacks: Lloyd's

Swiss Re to integrate ESG benchmarks into investment decisions

IIS designates 20 universities as GCIE

Corporate Risk Management

Global: Inaugural pandemic bonds launched to support $500 million Pandemic Emergency Financing Facility - World Bank

Global: Cyber can be as destructive as hurricanes in terms of losses

Product Bytes

Product Bytes

Events Page

PARIMA Shanghai 2017 highlights risk management concerns in China

Diary
People on the move

People on the move

AIR+ (New)
Magazine article aboutIn-with-the-new

In with the new

Automation Insurance: Threat or Opportunity?

Are there bubbles in Zhong An Insurance's IPO?

Changing the cyber game in Singapore

Blazing the way for online insurance in India

Country Profile

Thailand

Strong, steady & seeking sustainability

With continued domestic economic growth and the improvement of insurers’ products and services, there is growing awareness of the benefits of insurance, both life and non-life. 
 

Interview with the Regulator: Engaging disruption to benefit the industry

In this exclusive interview with Dr Suthiphon Thaveechaiyagarn, Secretary-General of the Office of Insurance Commission (OIC), Thailand, he gives an in-depth view of the insurance industry today and shares that the OIC is focused on technological innovation which he firmly believes will bring benefits to consumers and the whole industry. 
 

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Life: Positive outlook for 2017

Life premiums are expected to reach US$17.6 billion in 2017, an increase of 6% from 2016. The main factors for this projection are the continued domestic economic growth, the improvement of insurers’ products and services, and the growing awareness of the people to the benefits of insurance among others. Mrs Nusara Banyatpiyaphod, President of Thai Life Assurance Association reports.
 

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Weaving social needs into protection innovation

Mr David Wright of Pacific Life Re Asia looks at innovation opportunities in existing product propositions that have the potential to address Thailand’s increasing gap, making insurance more accessible to everyone. 
 

Non-life: Steady and strong

Dr Chutatong Charumilind of Insurance Premium Rating Bureau sees the non-life sector holding a steady growth path in 2017 and will remain strong despite the still crowded and competitive market. 
 

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Non-life: A paradigm shift

Thailand’s non-life sector has been liberalising gradually. Mr Marc Breuil of Berkshire Hathaway Specialty Insurance recommends that further opening up segments of the sector would help as domestic insurers need to develop robust risk-bearing capabilities in order to be sustainable. One way to do this is by offering new licences to foreign companies and requiring these companies to play their role in the training and development of local talent.
 

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