Bajaj Allianz General: Human touch is still important despite digitisation
AIG's prospects in Southeast Asia set to be enhanced by Validus deal
AXIS Re: Committed to Asia
India's actuarial pioneers
AMTD Group: International alliance will help brokers collaborate towards new solutions
Going beyond ABC in Insurance
Go Big (data) or go home
The new centre of innovation
CEO Focus
Pots of gold still abound in Asia
InsurTech & Customer-centricity
Weaving a seamless experience for the customer
Closing the gaps in customer centricity
What's next for InsurTech?
Australia
Commission captures general insurance
Defective building products store up trouble for insurers
Reinsure terrorism risk for critical infrastructure
Severe Thunderstorm Megadisaster Year in Australia - Are you prepared?
Marine
The importance of surveyors in today's challenging hull insurance landscape
Packaged policies for the customer
Risk managers' perspective on the great leap forward
Enhancing the risk management function in Asia
Focus on Advisers
MDRT Experience: The magic of perspectives
The road to making history
India Focus
Insurance and India's digital transformation
Think Tank
The Geneva Association - Big Data and Insurance: Implications for innovation, competition and privacy
View from India
Indian Insurance Brokers: Future is promising, only if!
Myanmar Feature
On the cusp of a new growth wave
Data Analysis
Mobile Wellness: Tale of the Data
Asian
ERGO: Getting its Singapore operations more ERGOnomical
Asia: Are you ready for the MAY EAIC in Manila?
Asia: Bancassurance still a "power" force for new business
Asia: CFOs need to be nimble and data-driven
Cambodia: Dai-ichi Life to set up a subsidiary
China: Regulator sets out rules for shareholders of insurers
Hong Kong: Insurance M&A scene gets very active
India: Insurers ask for premium increase to cover govt accident plan
Indonesia: Ideal to have 1 mln agents to serve a population of 250 mln
Japan: Working group to look into issue of uninsured tourists
South Korea: Nonghyup group plans expansion in insurance in Asia
Malaysia: Insurers pay more than US$1 bln in motor claims in 2017
New Zealand:New insurance statistics made available by Central Bank
Pakistan: Farmers give input to improve crop insurance
Philippines: Debate over degree of capitalisation of insurers continues
Singapore: Regulator acts against mass poaching of financial advisers
Taiwan: Regulator wants life insurers to hold more fixed income assets
Thailand: Regulator to make insurers disclose more information
Global
Severe cold weather and Storm Emma cause extensive impacts across Europe - Aon
Corporate Risk Management
Updated ISO 31000 risk management standard keeps things simple
Political risk landscape to remain turbulent in 2018 - Marsh
Product Bytes
People on the move
COVER STORY - InsurTech & Customer-centricity
COUNTRY PROFILE - Australia
Asia Insurance Review invited nine highly respected Australian insurance industry senior executives to share their views during the annual breakfast roundtable in Sydney. Their wide-ranging discussion covered myriad topics including the concerns...
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CORPORATE RISK MANAGEMENT
Mr Shoaib Javed Hussain of Milliman shares key findings from their study, which maps the journeys taken by leading multinational life insurers operating in Asia as they seek to make risk management a strategic partner to the business.
Flammable and leaky cladding, sub-standard steel, toxic plasterboard and exploding glass. Emerging construction risks can have a big impact across insurance classes.Mr Nicholas Murphy of Gen Re elaborates.
Insureds may underestimate critical infrastructure exposures, says Australian Reinsurance Pool Corporation (ARPC). Chief Executive Dr Christopher Wallace elaborates.
LIFE - India Focus
India’s life and health markets continue to be vibrant with potential as well as challenges. Mr K.S. Gopalakrishnan of RGA India, looks at the current and future while analysing the growing role of digital.
INSIGHTS - Data Analysis
To see if wellness applications, mobiles and wearable devices improve the user’s health, Ms Mandy Luo of ReMark looks at Umanlife, a health and wellness application provider based in France, which analysed more than 6 million tracking data...
The world is in the grips of a digital craze that is here to stay. Anything digital sells, they say. People are turning up their noses at things not openly digital. So this April, as the crocuses are late,I revel in bringing a reminder from one of...
As India progresses economically and the country’s insurance penetration rises, what does the Indian customer expect from their insurers? Can technology and digitalisation be a “cure-all” solution for customers’ expectations?...
After 10 years in the backseat, AIG is back on the acquisition trail, spending US$5.56 billion in an all cash deal for Bermudan reinsurer Validus. If the deal goes through, it will add diversity to AIG’s business and open up new opportunities...
AXIS Re combines the agility of a mid-sized company with the sophistication of a global player. Set up in 2001, it is now emerging as a serious player on the Asian reinsurance turf as well. Asia Insurance Review speaks with the new CEO of AXIS Re,...
K A Pandit Consultants & Actuaries is India’s oldest actuarial firmand it is celebrating its 75th Anniversary this year. The firm is today a major player in the Indian market where it operates in the life insurance,non-life insurance and...
ZhongAn Technology CEO Chen Wei tells Asia Insurance Review why the industry should look beyond adopting new technologies such as AI, Big Data and Cloud Computing in silos.
The 3rd Asia Conference on Big Data and Analytics for Insurance heard industry experts exchange insights aplenty from strategy and case studies, to recruitment and even a take glimpse at the next data frontier. Here are our top 10 takeaways.
The insurance industry is well-known for lagging behind when it comes to the digital and technological revolution. Dr Woody Mo, CEO and President of eBaoTech, proposes the middle office layer as the perfect solution for allowing insurers to get up...
Insurance CEOs are having to deal with issues of change management, innovation and cultural shift alongside the perennial challenge of sustaining growth.
Insurance used to be all about its products – but this is changing. Today, the ultimate target at the end of the journey for an insurer is true customer centricity with a seamless experience. This has become as important as the insurance...
The insurance industry is being disrupted by the same big wave of change and innovation that has rolled through the communication, entertainment, tourism, and retail sectors. Insurers have traditionally focused on strengthening technical product...
Most insurance companies have now come to accept the importance of digital and have sought to incorporate some form of InsurTech as support and enhancement for their operations. But is it sufficient? Can the transformation agenda from analogue to...
Mr Rama Chandran of QBE Insurance (Singapore) recommends that surveyors play a key role in investigating and offering greater analysis and insight into the deeper-seated issues in the marine industry so that it can operate more sustainably.
With the influx of capital and disruption looming over the horizon, Mr Matt Cannock of Markel says insurers need to focus on the customer first and introduce more packaged policies.
Risk management has been gaining wider visibility and appreciation in Asia. We speak to five risk managers – winners and finalists in the Corporate Risk Manager of the Year category of the Asia Insurance Industry Awards over the years –...
The recent MDRT Experience Meeting in Bangkok was filled with inspirational stories of advisers, as well as key takeaways, such as how to overcome silo mentality in solving problems and how businesses and leaders can connect with a new generation.
We speak with Mr Joe Cheng, CEO of Group Agency Distribution, AIA Group, to find out the secret to the group’s continued success in producing top performing agents and why the industry needs to come together to salute excellence through...
Dr Benno Keller of The Geneva Association shares findings from their new report “Big data and Insurance: Implications for Innovation, Competition and Privacy’”which aims to contribute to an informed and fact-based regulatory debate...
The Indian insurance broking business has been a substantial contributor to the growth of the country’s insurance industry. With artificial intelligence, digitalisation and web-aggregators likely to pose a tough competition to the brokers, the...
All eyes are on the government for more liberalisation updates post AIR’s 2nd Myanmar Insurance Summit in Yangon last month where delegates and speakers highlighted their wishlists to the regulator.
ERGO Insurance is in a period of transformation to align its Singapore business with the strategies of the international ERGO Group. We caught up with Mr Karl-Heinz Jung, CEO of ERGO Insurance since August 2017, to learn about the insurer’s...
“The EAIC (East Asian Insurance Congress), I may say, was born in Tokyo, but it was just in symbol. It was in Manila that it attained substance and manhood.”
Bancassurance has emerged as a critical distribution channel in Asia, especially in emerging economies where riding on the bank partnership is propelling growth in value of new business.