The Beema Samiti faced one of its most challenging times over the past one year as a result of the devastating earthquake that hit Nepal in 2015. It rose to the occasion in getting insurers to speed up the claims process and offering them technical support. Dr Fatta Bahadur KC, Chairman, Beema Samiti, speaks to us on the urgent need for regional cooperation among insurers in the South Asian region and lessons learnt from the earthquake.
By Jimmy John
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Mr G Srinivasan has been one of the longest serving CEOs in the history of the Indian insurance industry, having been in the hot seat of two public sector companies for close to 10 years now. Currently Chairman-cum-Managing Director of New India Assurance Company, the largest non-life insurer in India, he shares his experiences and what he thinks the future holds for the industry.
By Jimmy John
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German industrial insurer HDI Global has expanded its international footprint after recently opening an offshore branch in Labuan that allows it to write reinsurance business in Malaysia. We spoke to Mr Jens Wohlthat, member of the Board of Management of HDI Global SE; and Mr Stefan Feldmann, Regional Head ASEAN & Australasia of HDI Global SE about their international growth strategy in Asia.
By Ridwan Abbas
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In addition to the widespread ongoing concern over the Zika virus, the healthcare sector in Asia also faces manpower challenges and an increasing number of medical malpractice cases. Mr Michael Griffiths, Aon's Regional Director - Healthcare Financial Services and Professions Group, Asia, shares with us the healthcare risks the region should be most concerned about.
By Chia Wan Fen
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Insurers need to move to alternative asset classes more so than ever in search of returns, says Mr David Lomas, Managing Director, Global Head, Financial Institutions Group, BlackRock. He urges insurers to look at the approach one has taken in equities, and to take advantage of illiquid equities in addition to public ones to diversify risk exposures.
By Chia Wan Fen
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