From Editor-in-Chief

The emergence of the Asian (re)insurance market

QBE sets expansion course for Asia

Since taking over the helm in April this year, Mr David Fried, CEO of Asia Pacific, QBE Insurance Group, who has almost 30 years of experience in both life and non-life businesses, is on a mission to steer and execute the company's expansion plan in...

MetLife seeks next growth waves

Asia already accounts for more than 20% of MetLife's overall earnings. And the region's significance to the insurer is set to grow as Mr Chris Townsend, CEO and President of MetLife Asia Pacific, looks to extend its footprint in Southeast Asia. By...

Russian Re looks to expand in Asia

Asia is open to "new, dependable and reliable alternative reinsurance markets", and Russian Reinsurance (RRe) is set for "controlled growth over time" in the region, says Mr Werner Bugl, Senior Advisor. By Benjamin Ang

Reinsurance renewals: Readying for renewal

The annual reinsurance treaty renewal is here and it is getting more "crowded" with the Korean treaty renewals added too. While excess capacity is much bandied phrase, the good news is that most expect this excess capacity to be...

Reinsurance renewals: The annual reinsurance renewal - A winning formula?

Mr Chris Kershaw of Peak Re says the industry needs to change the way it does business and that would include the perennial annual year-end renewal cycle too. Advocating that there is a need to continually modernise the offerings as well, he...

Reinsurance renewals: "No exit strategy"

In line with the Singapore International Reinsurance Conference, Messrs Mo Tooker and Pietro Toffanello from Gen Re give their views on new capacity, continued demand for reinsurance in Asia, closing the gap between economic and insured losses and...

Singapore as a reinsurance hub - A four-pronged approach

With the SIRC in town, we look at the strengths of Singapore as a reinsurance hub for the region, its track records and what makes it tick so successfully.

Floods and windstorms - Floods in China: An underestimated risk

Floods is one of the most frequent natural hazards in China. Mr Nicolas Georgy of Swiss Re China shares the findings from their recent study.

Floods and windstorms - The anatomy of a windstorm

Mr Amer Ahmed of Allianz Reinsurance looks into the make-up of a windstorm and notes how very vulnerable Asia is to its devastation, mostly as a result of increasing built up in the coastal areas.

ASEAN and Insurance

The ASEAN co-operation commenced in 1967 among the governments of Indonesia, Malaysia, the Philippines, Singapore and Thailand. Brunei Darussalam, Cambodia, Lao PDR, Myanmar and Vietnam have since been admitted as members. By Ms Anna Tipping,...

Were banks rescued at the expense of the insurance industry?

In this extract from the Geneva Association newsletters, Mr Daniel M Hofmann says keeping the interest rates low does not solve the structural problems of severely distressed economies, it only buys time.

Tension between the layers - The final chapter?

Can an underlying insured choose which claims to submit first to its insurer? Mr Ian Roberts and Ms Erin Wilson from Clyde & Co Clasis Singapore, explain this with reference to a case.

Critical illness - CI needs in Korea

Korea's evolving market needs are generating opportunities for Critical Illness product development, says Mr Andrew Gaskell of RGA Australian Holdings.

Agriculture - Agriculture insurance in China - Risk modelling to be a key component

With higher losses than usual in agriculture insurance in China this year, Dr Roman Hohl from Asia Risk Centre, Inc says a full-fledged agriculture model is needed to help insurers.

Cyber risks feature - Addressing cyber threats is now a corporate priority

With a 2,000% increase in cyber-attacks in the past three years, Mr Ian Pollard of AIG says companies cannot drag their feet with regard to cyber threats anymore.

Cyber risks feature - Costly cyber crimes

Mr Nigel Pearson at Allianz Global Corporate & Specialty alerts the industry that with 200,000 new malicious software programmes appearing every day, companies need to think about risk mitigation.

Cyber risks feature - The brave new world of co-operative computing

The internet and social media platforms are revolutionising the ways we live our lives. Mr Andrew Dart from CSC Asia urges the insurance industry to leverage these technological advances to help our clients.

IUMI: Adapt and stay relevant

As a curtain raiser to our Asia Marine Insurance Conference later this month, we bring you the highlights of the IUMI's annual event in London.

Understanding the risk landscape in Asia

Ms Neena Saith of RMS says it is paramount that insurers have access to quality data as well as transparency into the assumptions that underlie models or tools so as to better understand and manage these risks.

FAIR forges ahead in Beijing

The 23rd Federation of Afro-Asian Insurers and Reinsurers (FAIR) Conference held in Beijing highlighted China's growing role in the Afro-Asian insurance markets and explored various innovative measures needed to forge a win-win cooperation.

ICDC revived!

Speakers at the 17th Insurance Congress of Developing Countries (ICDC), which was held for the first time in Sri Lanka, called for greater cooperation and sharing of experiences, practices and discussions on prevailing issues and concerns pertaining...

Asia: ASEAN Insurance Council inaugurates permanent secretariat office

The ASEAN Insurance Council (AIC) inaugurated its permanent secretariat office located in Permata Building, Kuningan - South Jakarta on 19 September.

Asia: Seismically active Asia

It has been a seismically active Asia in the past two months with several powerful earthquakes striking Indonesia, Pakistan and the Philippines.

Asia weathers global financial crisis fairly well - Allianz

While the rich regions of America and Europe have managed to narrowly surpass the pre-financial crisis level only last year, Asia's (ex Japan) wealth level at the end of 2012 was already 70% above the 2007 peak, said Allianz in the fourth edition of...

Xchanging's Netsett delivers 80-50-0 promise with RSA pilot

Business process, procurement and technology service provider, Xchanging had recently announced its successful conclusion of the RSA pilot of Netsett, its award-winning global accounting net settlement platform, developed in partnership with...

Next generation software focusses on risk ownership - AIR Worldwide

Catastrophe modelling firm AIR Worldwide had recently announced its latest release of next-generation software - Touchstone - that will include the ability to account for both catastrophe and non-catastrophe risk in a single platform, to provide...

ING Insurance to be rebranded as 'NN'

ING Insurance has announced its plans to rebrand in the future as 'NN', a new identity that balances the heritage and Dutch roots with the requirements of an international and future-proof brand, it said in a recent statement.

IAIS to develop global capital standard by 2016

While the International Association of Insurance Supervisors (IAIS) has come far in its efforts to establish global insurance supervision standards, the organisation is not done with growing, said Mr Peter Braumüller, Chair of the IAIS Executive...

Diary of events

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