Life & health
The Geneva Association - Lifetime annuity income is the key to life
General
Bangladesh farmers can now breathe easy
Nat CAT: The worst is yet to come
Risk: From tangible to intangible
Partnership and trust: Good French values
Alive and vibrant
Actuaries as a force for change
Taiwan
Taiwan insurers bank on economic optimism
InsurTech in Taiwan - providing efficiency in a saturated market
Taiwan responds to changing demographics and tech
Reinsurance - no seven year itch
Regulator wants more tech adoption and innovation
Shielding against terror
Water, water, everywhere
The new world order of risk
Tax risk management with a lens on transfer pricing
Supply chain from a risk engineering perspective
News
Emerging geopolitical risks a top threat to financial markets - Swiss Re
Global: World's first threat-information sharing group for regulators established
The case for insurance tech interconnectivity
Where does the pursuit of digitalisation lead?
Regional CFOs lead the change agenda
View from India: Prevention is better than cure
Building a workforce for the future
Asian
Australia: Insurance mart Down Under attracts Asian interest
Bangladesh: Government removes VAT on insurance agent commission
China: Central pension adjustment system to be established to address imbalances
Hong Kong: Vast majority of those aged at least 55 unprepared for old age
India: Underinsured offers huge growth potential to life insurers
Indonesia: Life insurers favour stocks and mutual funds in investment
Japan: Insurers' operations take off with drones
Malaysia: Non-life sector gets a three-month tax holiday
Myanmar: Government taps Indian reinsurer for insurance law revision
New Zealand: Lloyd's says man-made threats pose biggest risk to largest cities
Pakistan: Guarantee/surety bond market opens up
Philippines: Telemarketing draws several insurance players
Singapore: Health ministry probes insurance fraud allegations
South Korea: Insurers jump on authentication service wagon
Sri Lanka: Insurance market expected to maintain growth momentum
Thailand: OIC improves regulation regarding insurance sales
Vietnam: World Bank urges action on pension fund
Global
GIF 2018 - Heading for the innovation transformation
2017 was the costliest year on record for the UK specialty insurance market
Product Bites
People on the move
RISK
Buy Now
COUNTRY PROFILE - Taiwan
InsurTech operates on a basic formula – find a specific pain point in the industry and address it with a technological solution. The same formula applies to Taiwan. Much like other Asian countries, InsurTech in Taiwan revolves around the motor...
NOTEBOOK
Insurers will need to chart their course carefully to navigate through the current talent gap in their quest to transform into an organisation that can excel in future.
INSURANCE - Life & health
People are living longer than ever. Fertility rates are at a record low and projected to drop even further. Interest rates are at historic lows. So, what does the UK government do in response? It reverses a mandatory annuitisation of Pillar II...
The Asia Pacific region embodies a multitude of different tax systems, ranging from the highly sophisticated to the less developed. Nevertheless, it is possible to discern trends as countries modernise their tax structures and defend their fiscal...
A whole six months has whizzed by at tremendous speed together with a lot of uncertainty and shilly-shallying. Most seem to moan that business is so much harder in 2018. Double the effort is needed to stay in the game.
Bangladesh suffers largely from the vagaries of nature with frequent droughts, flooding and storms that take a heavy toll on the farming community, whose livelihood is affected causing extreme distress and social unrest. We speak to Messrs Arup...
With climate change bringing unprecedented Nat CAT intensity,the recent 16th Conference on Catastrophe Insurance in Asia organised by Asia Insurance Review was a stark reminder that the (re)insurance industry needs to stay vigilant and improve its...
JLT Re, established in 2006 but drawing on a corporate history dating back to the 1830s, presently stands as the fourth biggest reinsurance broker in the world with a total headcount in excess of 700 people. Global CEO of JLT Re Mike Reynolds talks...
Not yet a major player in the Asian market, CCR Re currently operates in the reinsurance market in the life, non-life and specialty lines in France and, increasingly, on the international stage. Mr Laurent Montador provides some insights on how the...
Life reinsurers evolve in response to new and more complex risks. They increase their value by taking advantage of their comprehensive understanding of risks and adopting a positive attitude towards innovation. Asia Insurance Review speaks with four...
The Actuaries Institute of Australia has developed something of a reputation for being at the forefront of thought leadership when it comes to mapping the changing role of the profession. Actuaries Institute CEO Elayne Grace believes in dialogue...
Taiwan’s insurance market had a good run in 2017, where it grew by 9.1% to register record-breaking premiums of NT$3.57tn ($122.8bn), thanks to moderate domestic economic growth and an improving global financial environment. Insurers are not...
Cathay Life Insurance senior vice president Chen Shi-Chieh provides some first-hand insights on a market that has one of the highest insurance penetration rates in the world.
The threat of terrorist attacks has become more widespread than ever before, with two out of three countries having experienced one. With terrorism cover and risk pools active since the turn of the millennium, we look at how they are maintaining...
Samuel Taylor Coleridge wasn’t referring to the rise in water-related risk that is challenging the economic foundations of national economies and insurers alike in his famous poem, but the increasing incidence of water-related natural...
The business of insurance and risk is facing a new world order. In our globalised world, wealth is concentrated, borders have blurred and systems of finance and governance are more interconnected than ever. Mr Iain Ferguson of Lloyd’s Asia...
Insurers are currently facing a series of challenges on the tech front and Equinix global head of insurance James Maudslay says the conflation of these issues will impact the industry significantly.
The insurance industry’s pursuit of digitalisation continues even as the hype around disruptors fades. But where are insurers’ investment dollars being channelled and what exactly are they looking to achieve? Are some parts of the...
The insurance business is changing rapidly in Asia and CFOs are now firmly entrenched as the people at the pointy end. The 12th Asian Insurance CFO Summit 2018 in Hong Kong, organised by Asia Insurance Review and sponsored by EY, saw a fresh roadmap...
Any step by the Indian insurance industry to support government efforts to reduce the carnage on Indian roads due to mounting road accidents would only add to their profitability.
Asian life insurers, led by those from Japan, are buying up their Australian peers amid strong prospects for the country’s insurance market driven by a rising population.
Finance Minister AMA Muhith has proposed the withdrawal of a 15% value added tax on the commission of insurance agents to ensure that they are not taxed twice.
China will establish a central pension management system for the basic pension funds of employees to balance payment burdens of local governments, according to an official document issued by the State Council, the Chinese cabinet.