Life & health
Combatting Asia's lifestyle disease epidemic
Golden soil and wealth for toil
General: Marine
Making headway in port technology
The new Achilles' heel of the marine industry
General
The worst flood in a century
Nat CAT- The 'calm' before the year-end storm
A national leader of the industry
Opinion
Monte-Carlo calling
How 2018's intensified geopolitical risks could impact Japan and Asia
Risk in Japan
Peak practice
ILS market looks to Asia for further growth
Indonesia
Towards a more resilient sector
Indonesia makes steady progress on actuarial front
Life continues its expansion
Reinsurance maintains strong position
Growth amid a rising economy
An agricultural world-first
The impact of AI in insurance
How InsurTechs can build a sure-win insurance proposition
Symbo brings digital approach to broking
Ecosystems: The new insurance gameplay?
No better time to buy cyber insurance
Back in black (tie)
Insurance: the future will be transformed by human capital
View from India: Mental health insurance
Product Bites
Asian
Asia Awards judging reaches its final stages
Asia: Insurers in the region find it more difficult to implement IFRS17
Australia: Customer perspective vital to restoring trust in life insurers
Bangladesh: Insurers see reinsurance claim payment delays
China: China Re expands overseas on the back of 70% domestic market shares
Hong Kong: Insurance sector grows by 7% in 1H2018
India: Demand for cyber cover to soar when data privacy law takes effect
Indonesia: Non-life insurers see robust 1H premium growth
Japan: Tokio Marine to train staff in AI and data analysis
Malaysia: Life association reaches out to gig workers
Myanmar: Liberalisation expected soon in insurance sector
Pakistan: Insurers need to pull up socks to benefit from economic corridor
Singapore: MSIG to accelerate digital business with InsurTech start-up
South Korea: Non-life insurers to turn more to hybrid securities
Taiwan: Regulator revises stock listing rules for insurers
Thailand: EXIM bank expands trade and investment insurance services
Vietnam: Insurance market surges by 24% to $2.5bn in premiums
Global
AIG CEO sees 'huge potential' in investor market for insurance risk
Catastrophe bond market reaches $30bn milestone
Risk
Singapore: Identity card number collection and copying to be illegal from Sept 2019
Accumulation risk a key concern as cyber insurance market grows - The Geneva Association
AICLA concludes successful BI claims conference in Bangkok
People on the move
TECHNOLOGY
NOTEBOOK
With lots of technological ‘disruptions’ happening in the insurance industry, it needs to look at how to ‘insure’ its own future. Asia Insurance Review speaks to some insurance HR professionals for their views on how best the...
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COUNTRY PROFILE - Indonesia
Ahead of the 24th Indonesia Rendezvous held on 24-27 October in Bali, Asia Insurance Review speaks to the Indonesian regulator, Otoritas Jasa Keuangan (OJK), about the priorities for insurance supervision, as well as efforts to boost insurance...
INSURANCE - General: Marine
Cyber is the insurance class of the moment. Some insurers love it and cannot seem to write enough of it, while others hate it – citing unknown risk and potential aggregations as existential threats to the insurance industry as a whole. What is...
RISK
The structural and interconnected nature of 2018’s global risks threaten the very system on which societies, economies, and international relations are based. This report from Marsh.
INVESTMENT
The insurance linked securities (ILS) market is now over two decades old. Since the execution of the first catastrophe bond transaction in the late 1990s, the alternative risk transfer market has evolved and matured impressively. Guy Carpenter Asia...
October is a super busy time for the industry even as several countries in North Asia take a nice long autumn break till the 10th. We add to the hive of activities with several important conferences, including our Takaful Rendezvous in KL where,...
While some experts are warning of Asia being in the grip of a diabetes epidemic, a new wave of innovative insurance solutions is helping to address this critical area of societal risk.
Chatter ‘round the water cooler in insurance-related businesses in both Melbourne and Sydney is all about the Royal Commission. Should they be worried? Maybe.
As the global industry moves into a new era in which the IoT technology, AI and digitalisation form the backbone of business practices, advances in smart-port technology are beginning to encompass all transport platforms. Some expert insights from...
While the conversation this time last year was about hurricanes Harvey and Irma, Asia at this time is reeling from losses far closer to home. As we go to print, Mother Nature is wreaking havoc across multiple countries - with typhoon Jebi, super...
The National Reinsurance Corporation of the Philippines got itself a new CEO in August when Allan Rossi Santos took over. Asia Insurance Review sat down with him to discuss the state of the Philippines reinsurance industry, and his plans for the...
A first hand report from a first-time delegate on a first-rate event in the annual insurance industry calendar. Sun, sea and service.
In the run-up to PARIMA’s inaugural Tokyo conference in October, Asia Insurance Review gets an update from one of its Japanese members, Toyota Tsusho Corporation general manager, insurance department, food and consumer services division...
As reinsurers around the world find their underwriting business under increasing pressure, the hunt for yield from their investments intensifies. Hong Kong-headquartered Peak Re has had some remarkable successes on this front, as CEO Franz Hahn...
Demand for actuaries in the market remains acute, although a big jump in the number of qualified actuaries is expected in the next five years.
The market is seeing rising level of awareness, and a better mix of distribution channels and products than before.
AgriTask and Mapfre recently launched a ground-breaking innovation for the agricultural sector, which would allow for much improved efficiency in a complicated industry. We spoke to AgriTask CEO Israel Fraier about the unique capabilities of this...
People today expect 24/7 access to services, along with personalised customer support available instantly and on demand. In this competitive business environment, enterprise AI solutions are steadily enhancing operational efficiency, improving...
While disruption appears to be the new normal, Insurtech Australia CEO and co-founder Simon O’Dell says Asia’s market is still up and coming. And with Southeast Asia flagged as a high growth insurance market, local players are best...
As ransomware and data breach incidents hit the headlines more frequently, the dangers of ‘silent cyber’ continue to lurk. Yet insurers are starting to get a handle on insuring cyber and are ever more enthusiastic about its potential,...
The 15th Australian Insurance Industry Awards, co-hosted by ANZIIF and AIR, was at the Big Top in Sydney’s Luna Park this year. It was a big night, and one that recognised a good number of worthy winners in an insurance sector that is on edge...
Japan: ‘Minpaku’ products come to market Hong Kong: Prudential announces multi-claim critical illness protection solution Singapore: Etiqa launches personal cyber insurance Global: Aon offers $350m reinsurance capacity for new...
The final round for the judging process for the 22nd Asia Insurance Industry Awards (AIIA) took place on 4 September with 15 of the 30 judges convening in Singapore. They met the finalists for 12 of the 15 categories face-to-face for the final round...
Most insurers in Asia (93%) are confident or very confident about complying with IFRS17 by the effective date of 1 January 2021. This compared with 96% in Europe, 68% in Canada and the US, said Deloitte.
Customer-centric product terms and conditions will be necessary to overcome the trust and social licence issues that have put the life insurance industry in the spotlight recently, according to KPMG in its Life Insurance Insights Report 2018.
The Australasian Institute of Chartered Loss Adjusters (AICLA) and Thailand Insurance Institute (TII) held a two-day machinery breakdown insurance workshop earlier in August. The event covered an overview of power generation facilities and the...