RM Vishakha: Balancing gender imbalance
Lifetime Achievement Award Winner - 21st Asia Insurance Industry Awards 2017: Mark Tucker - Commitment to people
General Insurance Company of the Year - 21st Asia Insurance Industry Awards 2017: Apollo Munich Health - This Award inspires us to reach new milestones
PartnerRe looks for greater diversity to stay relevant to clients
JLT Re: Sector's reserves in a "danger phase"
AIA: Embrace change with a core compass
HDI seeks to diversify Asian business
Charles Monat Associates: Increasing the appeal of life insurance
ASEAN's insurance leaders convene to foster greater collaboration
29th EAIC in Manila set to wow the industry
India Rendezvous
Industry finds hope in the recommendations!
From India to the world
MAS rolls out big guns at largest global FinTech show
Jirnexu: Changing the digital experience
Disruption is already happening in insurance
The Insurance Evolution
The brave new world of insurance
Insurance comes to life for consumers
Racing towards the future
Managing a "VUCA" environment for Asian insurers
India
Listing and liberalisation
Indian non-life insurance industry: Performance and potential
GIC Re: Underwriting its future
Indian flood: Risk and opportunity
Life industry on a roll
Digital transformation in Indian insurance
Which will win, cybercrime or cyber insurance?
India's competitive critical illness sector - It's a Service Game
Myanmar
A liberalised Myanmar insurance industry can boost economic growth
The future of life hinges on an overhaul of health, innovation and engagement - Notes from PIC 2017
A turning point ahead: Asia shining
Think Tank
The "Low For Long" challenge
Marine Focus
Future of marine lies in digitalisation and consultation
Business Interruption
BI losses arising from volcanic eruptions
Investment
Growth in green fields
IFRS 17
Going beyond finance and actuarial: What IFRS 17 means for insurers' financial reporting data, systems and processes
Real estate, real risks
Cyber gap still prevalent in India
Asian
Asia: Microinsurers cite profits, branding and CSR as goals
Asia: Independent broker pinpoints talent as growth cornerstone
"I go for people over product," says InsurTech investor
Launch of 3rd Asia Trusted Life Agents & Advisers Awards: Nominations open
Australia: Insurers feel the pressure of social media
China: CIRC mulls revising rules for guarantee fund
Bangladesh: Strident call for insurance reform
Hong Kong: Beauty salons get insurance
India: 2nd state-owned general insurer gets regulatory nod for IPO
Indonesia: Reinsurance sector to grow more than 10% in 2018
Japan: Govt mulls move to cover some costs of transplants overseas
South Korea: Regulator to scrutinise management appointment process
Malaysia: Motor insurance detariffication promotes innovation
Nepal: Insurers in rush to raise capital to meet new rule
New Zealand: Quakes drain disaster fund totally
Singapore: Govt to introduce medical fee benchmarks and remove restrictions on motor warrantiess
Taiwan: Regulator signs insurance MoU with Philippine counterpart
Book Review
Understanding Insurance of Health
Global
Sedgwick to acquire Cunningham Lindsey
Call for papers for Shin Research Excellence Awards programme
AXA reaffirms commitment to fight climate change
Corporate Risk Management
RIMS' inaugural China forum draws government and industry support
Automotive industry most impacted by product recalls - AGCS
Product Bytes
Events Page
Combining forces for the resounding success of PMFBY
North P&I Club celebrates 10 years in Singapore
People on the move
BOT or not? - AI and the future of Singapore's Insurance Industry
Guy Carpenter expects reinsurers to remain sensible in Jan negotiations
All round growth
Reflecting on 2017, hoping on 2018
Changing the digital experience
Reinsurance renewals - It's about sustainability, not "payback"
High CAT risks, low penetration in Asia - only two ways out
Six Steps to Improve Insurance Customer Engagement
COVER STORY - The Insurance Evolution
COUNTRY PROFILE - India
2017 was an eventful year for the Indian insurance industry. Listing was the key order of the day, drawing great public attention and greater interest in insurance. The marketplace is in a whole new era, with growth expected to be phenomenal, given...
INSIGHTS - IFRS 17
Mr Martyn van Wensveen of EY focuses on the data, systems and process changes Asian insurers will need to implement to comply with the new International Financial Reporting Standard (IFRS) 17.
INSIGHTS - Think Tank
Mr Daniel M. Hofmann of The Geneva Association traces how the current low interest rate environment could place the socio-economic roles of life insurers at risk.
It’s a brand new year sparkling with hope and anticipation. January always starts with great expectations and a sense of a new beginning, fresh ideas and initiatives. Everyone is resolved to make the year different – all...
Gender and diversity is an intricate and nuanced matter for business and HR leaders to be mindful about. Specifically, in the context of the Indian insurance landscape, the key themes centre on creation of organic considerations for women across...
Buy Now
For more than 30 years – the majority of them in Asia – I have been extraordinarily fortunate to work in the financial services industry. This is an industry that can be a force for good, in insurance as much as any other area.
Awards are great! They are a mark of recognition given in honour of an achievement! Awards enhance a company’s brand reputation, instil confidence in customers about the quality and professionalism, and help employees take pride in their work.
PartnerRe plans to make greater strides in the life business as CEO Emmanuel Clarke explains the Bermudian reinsurer’s renewed focus in the segment.
Weakening reserves are a key risk, says Mr Mike Reynolds, Global CEO of JLT Re, as he shares with us the concerns and priorities of the broker for the year ahead.
From starting his career as an insurance agent to being named regional chief executive of the largest independent publicly listed pan-Asian life insurance group, Mr John Cai, Regional Chief Executive, AIA, has built his career on embracing change.
The 43rd ASEAN Insurance Council Meeting and the 20th ASEAN Insurance Regulators Meeting were held in Vientiane, Laos, in late November where all10 insurance associations as well as regulatory bodies of Southeast Asia convened to discuss ways to...
The 29th East Asian Insurance Congress (EAIC) will be held in Manila on 6-9 May 2018. Mr Augusto Hidalgo, Chief Delegate of the Philippines, gives Asia Insurance Review a sneak peek.
It looks like happy days are here again for the reinsurance fraternity in India, as the Reinsurance Expert Committee (REC) has recommended that after GIC Re, insurers should be allowed to obtain the best terms simultaneously from Indian reinsurers,...
J B Boda is India’s oldest reinsurance broker, having started operations in 1943, and has today established itself as a major player around the world. The company’s Chairman, Mr Atul Dhirajlal Boda, speaks on the journey so far and the...
The week-long 2017 Singapore FinTech Festival saw a total of more than 30,000 participants from over 100 countries and culminated in US$2 billion being made available for start-ups. We bring you the highlights.
Jirnexu, Southeast Asia’s only full stack FinTech startup, was recently approved by BNM to compare, sell, process payments, and issue e-policies for insurance products under their regulatory sandbox. We talk to Mr Lucas Ooi, co-founder of...
The Digital Insurer (TDI) Asia Conference, held in Singapore at the end of 2017, focused the insurance industry once again on the importance of customer-centricity and rapid innovation across the sector.
Simplicity, convenience and transparency are what consumers are looking for in their insurance products in both life and non-life. Such expectations are spurred by the technological revolution happening in their lives as with greater awareness and...
Asia Insurance Review speaks to both consultants and carriers on the type of changes that the life insurance industry in Asia will continue to experience into 2018.
With 2017 being a tumultuous year for the industry, we look at the upcoming year for prospects and avenues of growth. From InsurTech to building talent for the future, the insurance industry is well-geared to take advantage of the opportunities of...
The Indian insurance industry has been on a roll for the last 17 years. It is now on a threshold to make the big jump into the super league. Mr R Chandrasekaran of General Insurance Council of India outlines what the non-life insurance industry has...
2017 was an eventful yearfor GIC Re. In an interviewwith Asia Insurance Review,Mrs Alice G Vaidyan, Chairman-cum-Managing Director, GIC Re, assesses their achievements during the year and their plans for the years ahead.
Developing the insurance sector is now a top priority in the government’s plans for financial reform. Mr William Aung gives an update on the country’s insurance sector.
To compete and win in the next five years, insurers will not only need an overhaul of their businesses, including engagement, distribution, products - underscored by data - but must also reaffirm their purpose to customers, said speakers at the...
P&I clubs remain cautiously optimistic, observing the shipping recovery trend, as premiums still face pressure and some segments continue to struggle. They reported a mixed bag of results. But it is clear that Asia, more than ever, is rising in...
The 5th Asia Marine Insurance Conference held with Hong Kong Week had some 170 insurers, shipowners and risk experts exchanging ideas on cyber coverage, the Belt and Road Initiative and the changing role of marine insurers. But they were upbeat...
Mr Glenn Eaglestone of Marsh examines the claim triggers for business interruption and the consequential civil authority exclusions, with reference to volcanic eruptions.
Mr Josh Toh of Global Logistics Properties talks to us about the real estate industry’s technology risks.
Mr Saurabh Verma of Reliance Industries Limited says cyber is one of the top 3 concerns for him, while lamenting that there are not many insurers are offering cyber protection.
Most respondents to a recent survey on microinsurance in the Philippines, Indonesia and Sri Lanka, place more importance on “Business (profitability)” as their reason for entering this market, said FALIA (The Foundation for the...
London-headquartered RFIB is the new kid on the block in Singapore, having received its licence there in August 2017.
Investors get pitched a lot of ideas from InsurTech aspirants but it is the people and not the ideas put forward that wins the day, said Mr Tony Hobrow, CEO of VenturesOne Asia.
The world of life and health insurance is poised on the edge of a potential revolution, thanks to advancements in AI. With a healthy dose of human intuition, logic and imagination, this will be a brave new world of exciting possibilities for...
Guy Carpenter’s President (International), James Nash, expects reinsurers to take a “rational” approach during the January 2018 renewals considering the relative strength of their aggregated balance sheets.
AXIS Re had recently acquired Novae Group plc, a diversified specialty (re)insurer that operates through Lloyd’s of London. Asia Insurance Review speaks with Mr Richard Milner, President and Chief Underwriting Officer, AXIS Re, APAC and...