Grooming Young Insurance Talent In Asia
Two Talented Young Singaporeans Achieved ACII Designation In Under a Year
Life & health
Bulk benefits
View from India: To be simpler and to cover more
Combatting workplace stress with a healthy corporate culture
The digital future of health insurance
General
Future proofing insurance
Vietnam's Fast & Furious motor industry
A role for insurance in food security in Asia
The ins and outs of self-insurance
South Asia: A booster dose for agriculture insurance
Wealth in local knowledge
Vietnam's insurance market comes of age
Asia readies for a 'silver' tsunami
The role of insurance hubs
Confronting cyber risk
Role of risk engineering in managing natural disasters
Customer choice is the future of distribution
The new capital paradigm
5 years: 78 countries
Malaysia
A healthy expansion towards a more robust industry
Takaful: The race continues
Regulations slowly but surely transforming the market
A reinsurer with 20/20 vision
Cyber risks still confound - but opportunities abound
I have a feeling we're not in Kansas anymore
Four reasons insurers need AI to fight fraud proactively
Emerging technology: Chaos or opportunity?
Asia in the world market
Nepal Spotlight
Regulator's initiatives to strengthen sector
Nepal Re: Readying for the long haul
The home of Everest beckons
Asian
Australia: Productivity Commission urges action on add-on insurance products
China: Ping An Insurance harbours Asian expansion ambitions
Hong Kong: New Lloyd's coverholder Pegasus Underwriting begins ops
Hong Kong: UK's Prudential to change main regulator
India: Picture-based loss assessment need of hour for crop insurance
Indonesia: Commodities fuel heavy vehicle insurance
Japan: AI at Tokio Marine to enable same-day insurance pay-outs
Malaysia: Government urged to act to encourage savings
Myanmar: State owned insurer plans to form credit guarantee firm
New Zealand: Health insurer in telemedicine trial for employees
Phillppines: Some insurers exposed to public school loans
Singapore: Life market surges by 20% in 1H2018
South Korea: Motor business dips in 1H2018
Thailand: Bright outlook for non-life business
Vietnam: Life sector more than doubles revenue in 1H2018
Global
July drought and wildfires likely to result in minimum $2.9bn economic loss in Europe
Commercial insurance prices continue upward trend
Risk
Singapore: 11 critical sectors told to step up cyber security measures
Indonesia: Green financing gets leg up via IFC's Bank OCBC NISP investment
Global: 2017 third-warmest year ever
Product Bites
People on the move
BELT AND ROAD INITIATIVE
REINSURANCE
As Asia’s elderly population, (re)insurers in Asia address the healthcare needs of their ‘silver’ customers. How is the industry helping with ‘healthy ageing’.
RISK
Cyber risk is a global phenomenon which the insurance industry has yet to get a grasp on. NTU Nanyang Business School Professor Shaun Wang outlines the cyber risk landscape and the challenges in building cyber resilience.
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TALENT
One of the biggest challenges facing the insurance sector in Asia is the shortage of quality talent and a leadership pipeline. Importantly, the kinds of leaders needed in the new digital age will embrace Industrial Revolution 4.0 and will be...
How did you manage to obtain your professional designation in such a record time? What were the sacrifices that you had to make? What advice would you give to those currently undertaking their ACII professional studies?
INSURANCE - Life & health
Diseases, treatments and regulatory systems around the world have all undergone substantial and rapid change. With surging digitalisation, that pace is increasing. RGA head of global health Alan Watts says the time for the industry to act is now.
In 2017, the worldwide economic losses of $330bn from natural disasters were significantly greater than those experienced in the previous extreme years of 2005 and 2008. Marsh Risk Consulting’s Alfred de Guzman explains.
INVESTMENT
Insurers and reinsurers are taking a careful look at their balance sheets in an effort to unlock value and increase return on capital. Guy Carpenter & Company’s David Priebe explains the background.
TECHNOLOGY
The insurance industry has 7,000 companies that collect more than $1tn in premiums, providing criminals with opportunities to commit fraud.
NOTEBOOK
The global economy is expected to continue to grow at a healthy pace in 2018 and 2019 but could be faced with three shocks: Energy prices, political uncertainty and interest rates.
September has arrived after all the uncertainties that the summer unleashed upon the world economy. The interconnectivity of the world has created more chaos and confusion, sometimes hurting the innocents in Asia from so far away too. As a...
Mednefits co-founder and CEO Chris Teo says the lack of big HR budgets should not inhibit SME employees’ access to comprehensive health care.
Health insurance policies in India are set to become simpler with minimal exclusions. Also, with greater use of technology by insurers, policyholders can look forward to better services.
Cigna’s Jason Sadler looks at how mental and physical wellness programmes are improving productivity, helping provide affordable quality healthcare and supporting greater talent engagement.
By most measures, Vietnam is one of the most dynamic insurance markets in Asia at present. We asked PVIRe CEO Trinh Anh Tuan how reinsurers are dealing with growth of their own.
Vietnam National Reinsurance deputy CEO Yves-Daniel Cochand shares his assessment of the industry’s performance in 2017, its challenges, as well as its digital readiness.
Being channel agnostic is an advantage, says FWD group chief distribution officer Binayak Dutta.
It is easy to imagine that the five-year old Belt and Road project from China is a smoothly-oiled machine that is rolling out seamlessly across a variety of Asian markets. But the reality may be more of a patchwork quilt being stitched together by...
Malaysia’s insurance market can expect a shake-up with a new government, ongoing market liberalisation and a stagnant growth in premiums.
While recent trends reflect optimism about Malaysia’s takaful growth and improvement of market share compared to conventional insurance, “takaful is still far below its full potential, and is nowhere near where it should be.”
Bank Negara Malaysia has put in place rules to engender market competitiveness and innovation, promote sound market conduct and encourage easier access to insurance products.
The recent Singapore Actuarial Society ERM-ESSEC CREAR Cyber Risk Conference 2018 provided some remarkable insights on this growing segment.
We speak to one of Vietnam’s leading InsurTechs, LIMI. Its principal, Mr Le Tuan Minh, says that the yellow brick road has some hidden roadblocks.
Some recent research and insights on digital transformations including consumer expectations, top challenges and creating a digital culture.
Nepal Insurance Regulatory Board chairman Chiranjibi Chapagain provides an update on the state of the market and the way forward for the industry.
Nepal Re CEO Chirayu Bhandari provides a perspective on the challenges and strategies before the company.
The Australian Securities and Investments Commission (ASIC) should proceed as soon as possible with its proposal to mandate a deferred sales model for all sales of add-on insurance by car dealerships, said the Productivity Commission.
China’s largest insurer by market value, Ping An Insurance, has evaluated buying UK-headquartered Prudential’s Asia business, Bloomberg has reported citing people familiar with the matter. Such a deal would immediately extend its reach...
Pegasus Underwriting, a Lloyd’s coverholder, commenced operations in Hong Kong on 18 July.
Australia: Chubb announces flight delay insurance Japan: Swiss Re Corporate Solutions launches tsunami-derivative solution Malaysia: New protection solution introduced for migrant workers Singapore: Great Eastern partnership to offer...