Editorial
Insurance power shift will see multiple winners
Focus, focus, focus
Interconnectivity in multinational solutions
Reinsurance: Bracing for more volatility, higher returns
Adieu! Friend of the industry
The reinsurers are marching in
Indonesia: Reinsurance Regulation - Curbing the premium outflow
AAC Curtain-Raiser - Innovation: Creating sustainable value
ReMark's Anniversary - 30 good years
NAT CATS - A decade of Asian Nat CATs: Wisdom from experience
NAT CATS - Can we prevent catastrophe blind spots?
NAT CATS - The basics of catastrophe claims handling
South Korea: Finding growth in new risks, new opportunities
South Korea - Life: Request for more relaxation in regulations
South Korea - Non-life: When change is the only way forward
Korea still has it!
South Korea - Regulation: Duty calls
South Korea - Korean Re moves full steam ahead with international expansion
South Korea - Korean financial regulators reform audit and sanction procedures
The Geneva Association: Risk management of emerging pandemics
Life Feature - HNW sector growth = Insurer opportunity
Employee Benefits Feature - Disrupting employee benefits
Actuarial Feature - IFoA Inaugural Asia Conference: Wealth accumulation, M&A and C-ROSS
Actuarial Feature - Actuaries take the lead
Spotlight on Bancassurance - Banking on data
Motor Insurance - Disruption can drive profitable growth
Spotlight on Nepal Earthquake - The 25 April 2015 Mw 7.8 Nepal Earthquake
Investment Column - M&A Focus: Lessons learned on managing successful post-merger integration processes
See something? Say something! -Implementing an ERM programme
IT in Insurance - Role of technology at the inflection point of the insurance industry
Training Focus - On the road to the ASEAN Economic Community: Preparing for opportunity with knowledge and skills
AEC Focus - Malaysian insurers preparing for AEC
Product Bites
Reputation risk - The risk of risks
Access to Big Data becoming easier with technology - Marsh
Shipping sector needs to be more vigilant to cyber threats
Call for regional initiative to mitigate pandemic risk
EY in strategic alliance with Risk Management Institution of Australasia
Asian News - Asia: AXA targets 100 mln customers by 2030
Asian News - Asia: Standard Syndicate to underwrite marine risks in Asia
Asian News - Asia marked by polarity in security risk scores - Aon
Asian News - Australian life insurers' profits under pressure through to 2016 - Moody's
Asian News - Australia: Actuaries Institute calls for tax reform to protect retirees
Asian News - China: CIRC estimates insurance payout to hit US$15 mln in Yangtze ship sinking
Asian News - China: CAT insurance securitisation trials to be conducted
Asian News - China: Motor insurance pricing trial begins
Asian News - India Nuclear Insurance Pool launched
Asian News - India: GIC Re declares US$455 million profit for 2014-15
Asian News - LIC of India to start operations in Bangladesh
Asian News - Earthquake insurance premiums to rise 20-30% in Japan
Asian News - India sees increasing cases of cardiovascular disease - Swiss Re
Asian News - Japan: Tokio Marine to acquire American general insurer HCC
Asian News - Myanmar: Provisional permits granted to two Japanese insurers
Asian News - Nepal's regulator pushes for speedy settlement of quake claims
Asian News - New Zealand: Govt considering ban on commissions for advisers
Asian News - Singapore: Cash the culprit as investment grows more slowly than costs - Manulife
Asian News - Singapore: China Life opens first branch in Lion City
Asian News - New rules for Taiwanese insurers setting up branches in HK, Macau
Asian News - Taiwan: Long-term care insurance plan may be launched in 2018
Asian News - Willis acquisition doubles Taiwan business
Social media site gets GBP 1 mln boost to take (re)insurance industry mobile
Scope Technology launches ground-breaking claims management platform
Africa Re unveils new logo and reaffirms commitment to region
Diary of Events
People on the Move
COVER STORY
If the past 10 years were anything to go by, Nat CATs in Asia have not let up. Rather, disaster risk is on the rise as properties continue to be at the mercy of natural forces, urban migration continues to contribute to the formation of megacities, and the region's economic losses continually hovers around 45% of annual global losses. Have Asia and the industry at large learned from experiences? How have we progressed in extending protection in the region? What else can we do to bridge the protection gap? Industry players take stock of their progress and efforts in the last decade.
COUNTRY PROFILE
The prolonged economic recession, falling interest rates and the recent MERS outbreak in the country are casting a gloom over South Korea's insurance industry's outlook. While acknowledging that the going is tough, insurers are still optimistic....
INDIA FOCUS
The recent amendment to the Insurance Act in India has shaken up the Indian reinsurance space. A number of global players are in the process of kick starting their operations after receiving their licences from IRDAI.
We spoke to Lloyd's of London CEO, Inga Beale, about the shift in the centre of gravity in the insurance world. By Ridwan Abbas
Buy Now
Achieving growth, financial soundness and efficiency are some of the strategic goals in Mitsui Sumitomo Insurance Company's current business plan, Next Challenge 2017. In this exclusive interview, Board Chairman Toshiaki Egashira speaks about the...
Mr Tony McHarg, Head of Multinational and Alternative Risk of Asia Pacific, AIG, shares insights on the evolving demand in multinational programmes, and mitigating risks not addressed effectively in the traditional markets. By Benjamin Ang
While there will be a review of the draft regulation on compulsory local cession at the end of the year, the aim to curb the outflow of reinsurance premiums is unlikely to be hindered.
The Society of Actuaries of Thailand is hosting the 19th Asian Actuarial Conference (AAC) on 3-6 November 2015. Mr Itt Apiraktivong, 19th AAC Chairperson, presents the highlights.
ReMark celebrates its 30th anniversary this year and Mr Stephen Collins from ReMark International B V says the secret of their success is still all about the customers as well as meeting the needs of their partners.
If the past 10 years were anything to go by, Nat CATs in Asia have not let up. Rather, disaster risk is on the rise as properties continue to be at the mercy of natural forces, urban migration continues to contribute to the formation of megacities,...
Natural catastrophes continue to surprise us despite the vast improvements made in catastrophe modelling tools. Mr Vineet Kumar of Swiss Re says most of these surprises are avoidable and explains the lessons learnt from the Christchurch earthquake,...
Forward planning is vital for the insurance industry to deliver on its promise of providing contingent capital in the most dire of circumstances such as a catastrophe loss. That planning involves not only insurers but also their claims service...
Life insurers are facing falling demand for insurance as consumers are affected by a prolonged economic recession and falling interest rates. The regulator has been working to assist the industry in looking outside the country with the introduction...
With interest rates at an-all time low, sluggish economic growth and changes in demographics signalling profound changes in demand, Korean general insurers are ramping up their allocation to alternative investments and will need to look toward new...
In this piece extracted from the Association's 32nd Health and Ageing Newsletter, Dr Gordon Woo of RMS uses the recent Ebola pandemic as a vehicle to discuss the risk management of emerging pandemics and the role that insurance can and should play.
Asia Pacific's high-net-worth market is dynamic, active, and growing rapidly due to the region's entrepreneurial surge over the past decade and a half, says Ms Carmony Wong of RGA.
Innovation in the employee benefits landscape is increasingly allowing companies to focus their HR resources on improving health, productivity and engagement for employees and their families alike. Ms Rosaline Koo of ConneXionsAsia explains.
The Institute and Faculty of Actuaries (IFoA) hosted its inaugural Asia conference in Beijing in May. It presents some highlights of the key topics covered during the conference.
The need to continually leverage on analytics and technology to offer more targeted solutions for customers was the frequent refrain at our latest Asian Bancassurance conference in Manila.
By learning to navigate and adapt to today's technological trends, insurers will find that underwriting motor insurance can lead to further profitability, say speakers at the recent Asia Motor Insurance and Claims Management Conference.
Geoscientists have long warned that crustal stresses are building up in Nepal. Professor Paul Somerville of Risk Frontiers at Macquarie University in Sydney shares about the history of some of the bigger earthquakes that have affected the area.
Mr Alexander Ankel of Avicennia Capital says that companies tend to forget about the people factor in M&A deals. He shares his experience on the actions companies should take during and after the takeover.
MediaCorp is a Singapore-based media company whose footprint extends to the entire Asian region. We speak with Mr Daniel Tan Kuan Wei of MediaCorp on how his team implements a successful ERM programme.
Every business is a technology company today. Mr Koushik Radhakrishnan of CSC reminds insurers to harness the might of technology for their business urgently, as any delay or continuing with a conservative approach is high risk, rendering them...
Ms Prue Willsford of the ANZIIF says that in their work in various ASEAN member states, there is frequent talk about how to prepare staff to meet the challenges and harness the opportunities that the region's economic integration will present.
The ASEAN Insurance Council (AIC) recently organised an AEC roadshow in Kuala Lumpur to increase the awareness of AEC amongst the industry players and identify priority areas to be addressed or refined to enable the industry to better prepare itself...
Listed corporations face an 85% likelihood of experiencing a significant corporate crisis in any five-year interval, according to a research by Oxford Metrica. And in today's highly connected world, a crisis can quickly impair the reputation of an...
The marine industry has a "soft underbelly" with regard to cyber security and companies need to ensure that its cyber risks are being properly managed, said Clyde & Co during its Asia Pacific Marine Insurance Conference in Singapore recently.