From Editor-in-Chief
IBM: The need for transformational change
ASEAN economic community: ASEAN unveils plans for formal declaration of AEC
ASEAN economic community: ASEAN's diversity can be its strength
Product bites: Future Generali India Life launches Assured Income Plan
Product bites: Manulife Singapore unveils new user-friendly website
Product bites: AIA Singapore launches first-in-market mobile application for employees
Product bites: Global: Guy Carpenter launches latest version of reserve risk modelling tool
India focus: Ordinance route to FDI hike
The C-ROSS is right for China
Employee benefits focus: A proven success strategy in the talent war
Aviation: Rates on airlines not seeing desired lift off
Aviation: Safer skies in spite of high-profile accidents in Asia
Are insurance CEOs on par with 21st century peers?: CEOs must stand tall for the industry
Are insurance CEOs on par with 21st century peers?: Time to step up
Are insurance CEOs on par with 21st century peers?: Impact of innovation on non-life insurance
Optimism for profit and growth in 2015
Interview with a regulator: Overseas expansion a domestic matter for FSA
GIAJ: Profitability is back for Japanese general insurers
Overseas expansion remains high on life insurers' agenda
Toa Re: Industry's prospects looking up, but vigilance remains key
Firms in Japan are reassessing their commercial insurance protection needs
MSIG still eyeing further expansion
Stability makes insurance market even more attractive to foreign insurers
Deregulation of insurance brokers and overseas subsidiaries of insurers
Why students are not drawn to insurance
Japan's unsettled law of causation
In conversation with ING Japan: Delivering complete processing at point of sale
Asia: Asian insurers look to higher-yielding private assets - BlackRock
Asia: Business interruption & supply chain is top risk concern in Asia Pacific - Allianz Risk Barometer
Asia: Cyclone Hudhud is world's most costly disaster in 2014
Australia: Sydney siege officially designated a terrorist attack
China: Fosun to acquire Meadowbrook Insurance in US
Booming time for China's aviation industry
RMS assists China Re's expansion into London market
Hong Kong insurers need to prepare for RBC framework
IRDA adds "of India" to official name
Indonesian insurers set aside US$70 mln for AirAsia crash compensation
Korean Re looking to set up Lloyd's unit
Generali enters Malaysian P&C market with purchase of MPIB
Malaysia: Flood damage to public infrastructure estimated at US$560 mln
Nepal: First reinsurance company commences operations
Pakistan: National Rural Support Program (NRSP)'s insurance innovation helps reduce child labour
Philippines: Tropical storm Mekkhala cuts short Pope Francis' visit to Tacloban
PartnerRe establishes wholly owned subsidiary in Singapore
Sri Lanka: IBSL issues licences to seven insurers
Thailand: LeapFrog and Lombard to invest in Thailand's SMK Insurance
Weak operating fundamentals keep reinsurance sector outlook negative - A.M. Best
XL acquires Catlin for US$4.1 bln
AIR Worldwide releases 2014 Global Exceedance Probability Curve Report
Actuarial science professor is 2015 John S. Bickley Founder's Award recipient
Diary of events
People on the move
COVER STORY
Insurance still does not rank very highly on most people's list of dream industries. But why, despite the importance of insurance to lives and businesses and the travails in the banking sector, is the industry still often seen as the "poorer cousin" in the financial services? Six CEOs agree that there is a need for CEOs to stand tall so the industry can be marketed better, fulfil its noble aim better and, more importantly, be able to attract the talent needed.
COUNTRY PROFILE
Overseas expansion remains high on both life and non-life insurers' agenda as they seek growth in emerging markets in 2015. There is optimism for not only growth but also profit this year as insurers build on their good results in 2014. Improved...
SPECIAL FEATURE
Despite the spate of high-profile aviation disasters, insurance rates for airlines rose only modestly. Insurers had to walk the tight rope of balancing underwriting priorities with the need to guard market share. What gives?
Buy Now
The insurance industry is "a long way behind" some of the other industries when it comes to service and digitalisation. Mr Paul Robinson, Director, Insurance Growth Markets, IBM, discusses the urgency for transformational change, how to go about it...
The Association of Southeast Asian Nations (ASEAN) for 2015 will focus on bringing down the remaining barriers to trade, face up to nontariff barriers and rising protectionism, and lay out a decade-long plan for economic growth in the sub-region,...
ASEAN's diversity can be seen as an advantage as it allows for specialisation among member states which can be complementary in nature, according to a recent report
Future Generali India Life Insurance Co Ltd (FGILI), a joint venture between Future Group - a leading retailer of India, Assicurazioni Generali and Industrial Investment Trust Ltd (IITL), has launched Assured Income Plan which is a non-linked,...
Insurance still does not rank very highly on most people's list of dream industries. But why, despite the importance of insurance to lives and businesses and the travails in the banking sector, is the industry still often seen as the "poorer cousin"...
How does the (re)insurance CEO compare to peers from the other industries? Is the comparison even necessary? We canvass the views of six CEOs on this as well as what they see as the key issues for 2015. By Benjamin Ang
Innovation-driven growth is key to the survival and success for insurance firms, especially in an emerging economy like India. In this article, Mr K Sai Shekar Reddy and Dr N Sivakumar, from Sri Sathya Sai Institute of Higher Learning, show the...
Japanese insurers have accelerated their overseas expansion in recent years. In this exclusive interview, Mr Takashi Hamano, Assistant Commissioner for International Affairs, Financial Services Agency, Japan, shares how his organisation supports...
Leaner motor insurance lines and a relatively benign year in terms of natural catastrophes have ushered in an era of profitability for Japanese non-life insurers, but the road to sustained, long-term profitability will be long and winding. Mr...
In this article extracted from The Geneva Association's newsletter, Dr Madhusudan Acharyya of Glasgow Caledonian University, UK and Dr Davide Secchi of University of Southern Denmark share their findings on why the new generation of students are...
Mr Ian Roberts and Mr Nicolas Skyes of Clyde & Co in Singapore highlight Japan's unsettled law of causation, particularly in respect of concurrent independent causes of business interruption loss.
CSC met with Mr Houston Ross, CIO and COO of ING Japan, to chat about ING's specific IT strategy, challenges faced by an insurance CIO and the outlook for the insurance market in Japan.
The shaky economic recovery around the world is eroding profitability for Asian insurers, prompting them to take on more investment risk, particularly in private asset classes, to improve yield, said Mr David Lomas, Head of BlackRock's Global...
Across the Asia Pacific region, companies continued to be concerned about Business interruption & supply chain (42%), Natural catastrophes (34%) and Fire & explosion (25%) as these topped the risk rankings again in the latest fourth annual Allianz...
Cyclone Hudhud, which lashed eastern India and Nepal last October was the most expensive natural catastrophe event in terms of overall loss in the world last year, according to Munich Re, in a review of natural catastrophes in 2014. The loss caused...
A.M. Best is maintaining its outlook for the reinsurance sector as negative, citing the significant, ongoing market challenges that will hinder the potential for positive rating actions over time and may translate into negative rating pressures.
XL Group plc said it will offer to acquire all of the capital stock of Catlin Group Limited to form a combined business which is expected to have a leading presence in the global specialty insurance and reinsurance markets.
AIR Worldwide released its "2014 Global Exceedance Probability (EP) Curve" report, detailing key loss metrics (such as average annual loss and select return period losses) from AIR's global industry EP curve for AIR modelled regions and perils.