From Editor-in-chief
Great Eastern: No longer just a life insurance company
Labuan Re: consolidating for growth in the new environment
Atradius: Credit insurance remains little used
CATs: Earthquakes - Mitigating the damages from devastations
CATs: Earthquake: Risks and insurance
CATs: Earthquake: Assessing earthquake risk in Taiwan
CATs: Earthquake: The Insurance gap - How to bridge it?
CATs: Earthquake: Financing a road to recovery before disaster strikes
Climate Risk: The role of insurers in strengthening business resilience to climate risk
Microinsurance feature: The market is its own incentive
Microinsurance feature: Innovative ideas make microinsurance successful
RBC focus: RBC gains traction in the region
Life insurance focus: Safety Account
Thoughts on diversity: Digressing to diversify: Consequences of healthcare or lack thereof!
Curtain raisers: FAIR's growing clout
Curtain raisers: Riding the dynamic actuarial wave
A stronger integrated regulatory framework for Malaysia
M&As to heat up further
Which way next?
MDIC introduces differential levy system for Malaysian insurers
The implications of consumer insurance contracts under the Financial Services Act 2013
Sri Lanka: Interview with the Regulator: The future is in RBC
Sri Lanka: Market poised for major growth
The Geneva Association: Potential consequences of pandemic risks
Business interruption: Coverage for CATs and pandemics
Risk management goes global
Insurance risk and finance research centre: Managing longevity risk: Construction and applications of mortality indexes
Takaful focus: Fulfilling the takaful promise
Bancassurance focus: The magic of banks: 50% of insurance policies are sold through banks
Asia: Six regulators adopt commitment to inclusive insurance
Asia: S&P's revised criteria's ratings on six reinsurers
Australian life sector sees 10-year-high lapse rates
Bangladesh: Microinsurance for masses launched
China: Munich Re nurtures future talent
China: Foreign players' market share to quadruple over next five years
China: AIG, PICC Life sign agency distribution JV deal
Hong Kong: Premiums soar 15% to US$9.3 bln in 1Q
India: GIC Re plans major worldwide expansion
Indonesia: Non-life sees net profits jump 22% in 2012
Japan: Insurers attracted by increased yields of govt bonds
Malaysia: Labuan Financial Centre sees record insurance newcomers in 2012
Philippines: Over 80 insurers jostle over US$1.35 bln non-life market
Singapore: Life insurers to revise returns assumed for sales illustration
Singapore regulator opens first rep office in Asia in Beijing
Taiwan insurers to be allowed to invest in infrastructure projects
Taiwan: Possible new business in long-term care market
Thailand: Premiums increase 20.7% to US$5.2 bln in 1Q
Vietnam: Insurers suffer losses from pilot farm insurance scheme
Insuring evolving terrorism threats
Tokio Solution, GC Securities launch private CAT bond platform
Insured losses from Europe floods could reach US$4 bln
Diary of events
People on the move
It is important terrorism insurance buyers understand the scope of coverage that is offered in the market and whether this is sufficient for their needs as the terrorism threat is "complex, nuanced and constantly evolving", said a new technical guide produced by Airmic, a UK risk management association, in collaboration with Willis Group Holdings.
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Tokio Solution Management (Tokio Solution) - wholly -owned subsidiary of Tokio Millennium Re (TMR) - has collaborated with GC Securities, a division of MMC Securities, to bring sponsors the Tokio TensaiTM Platform - a more efficient platform for funding excess-of-loss CAT reinsurance in the private capital markets.
The recent floods in Central Europe are expected to result in about EUR3 billion (US$3.99 billion) in insured losses, according to Fitch. Most claims are likely to be on homeowners' contents and motor policies, as well as business interruption, said the ratings agency.