From Editor-in-Chief

Allianz Re: Sustainability for success

All around the globe, the insurance industry is engaged in a flurry of activity as it prepares for the upcoming renewals. Amidst the ongoing negotiations, Mr Amer Ahmed, CEO of Allianz Re and Mr Karl-Heinz Jung, Regional CEO of Allianz SE...

Partner Re: Just the right size

Mr Emmanuel Clarke, CEO of PartnerRe Global, talks about the reinsurer being the right size - big enough to be relevant, yet small enough to be nimble. He also gives his take on regulations and the rates in the upcoming renewals, as well as the...

Aon Benfield: Capital, changes and choices

The influx of alternative capital contributing to excess capacity in the reinsurance market is probably the hottest topic among industry players currently. However, Mr Dominic Christian, Executive Chairman of Aon Benfield International, is...

Financial covers: A growing necessity

The rapid growth of the finance sector has spurred the demand for more insurance tools against numerous risks present in any financial or business transaction in Asia. And driven by the greater awareness of corporate governance and shareholder...

Financial covers: D&O Insurance: Protecting and providing solutions

Mr Patrick Ko of AIG Insurance Hong Kong says the expanding regulatory landscape and increasing awareness from corporate governance and shareholder activism in Asia is making D&O insurance a necessity for companies, whether they are listed or...

Financial covers: Warranty & Indemnity (W&I) Insurance: An important consideration for Asian M&A deals

Mr Ronak Shah of Jardine Lloyd Thompson Asia gives an update on the Warranty & Indemnity insurance which is now seen as a more efficient financial tool in releasing capital and enhancing returns in an M&A transaction.

A market that compels greater hopes

Despite the slowdown in the Vietnamese economy, insurers are confident that the market will resume its impressive growth momentum going forward. This is mainly because the economy has stabilised and a number of huge projects such as the urban...

Prospects continue to be good

The Vietnamese economy is seeing a slowdown with the International Monetary Fund predicting a third straight year of sub-6% growth for the first time since 1988. However, this is not fazing the insurance market too much. Mr Trinh Quang Tuyen of the...

Non-life insurance: Current challenges and long-term opportunities

Although Vietnam is facing a slight economic slowdown, the long-term outlook for the non-life insurance sector is still promising, says Mr Hoang Minh Tuan of Asia Capital Reinsurance Group. He gives an update of the market, its developments and...

The FSB Objective: Never waste a good crisis

It has been almost six months since nine insurers were designated by FSB as globally systemically important insurers (G-SIIs). Mr John H Fitzpatrick of Geneva Association takes stock of the present situation.

Privacy Law Updates - Hong Kong and China

Both China and Hong Kong released new regulations with regard to the use of personal data recently. Clyde & Co's Mr Chong Ik Wei and Ms Mun Yeow give an update of these new privacy protection laws.

SIRC report: Constant change to tackle challenges

Reinsurance experts gathered at the recent 12th SIRC were in agreement that the industry must continually reinvent and raise standards while taking up the challenge of tackling emerging and lesser-known risks to propel itself forward.

Liability: Bridging the liability insurance gap in Asia

Looking at the low penetration of liability insurance despite the strong growth in liability exposures throughout Asia, Mr Roy Hraiki of Swiss Re shares how the industry can expand this market.

Bancassurance: Impact of trends and recommendations for financial intermediaries and bancassurance providers

Bancassurance operators should tap on all resources, including their own customer database using effective analysis and predictive tools, to meet customers' increased expectations, says Ms Shabnam Ansari of Nexus Insurance Brokers LLC.

Are weather-related CATs becoming uninsurable?

As Nat CAT exposures increase in Asia Pacific, Mr Amer Ahmed of Allianz Reinsurance looks at how the industry can ensure that the coverage of these exposures remain available and affordable while remaining commercially viable too.

Gulliver's travels: The journey ahead for Asian reinsurers

By 2020, it is said that reinsurers from currently underpenetrated markets in South America, Asia, Africa and the Middle East are likely to emerge as giant global players competing with established reinsurers from developed markets on their home...

Annuity: Could Underwritten Annuities work for Japan?

Two RGA executives explore the concept of underwritten annuity, a popular hit in the UK, and its applicability as a useful and appropriate product for ageing Japan.

Pet insurance: Unleashing the potential of pet insurance in Asia

Mr Stephan Haverkamp from Munich Re discusses the reasons reinsurers and insurers have avoided pet health insurance in the past and looks at why this class of business is now booming.

The benefits of contributory databases

Two executives of LexisNexis Risk Solutions India examine the typical applications and benefits of contributory databases, including in boosting performances.

IAIS: Global insurance capital standard for the future

With IAIS' latest announcement to develop a first-ever global insurance capital standard, the 20th IAIS Annual Conference was abuzz with discussions on financial stability as well as how to go about developing a common standard.

PIC Report: The magic to life

The need to embrace technology to make a great impression on the customer and tapping into Asia's rapidly changing demographics for opportunities were two key themes which emerged from the 26th PIC.

EAAC Takes: New normal offers expanded role for actuaries

Actuaries can drive business growth and strategy in an era of heightened risk management. We checked out the 17th East Asian Actuarial Conference to see what they were brewing. Watch out for the enlightened Actuarial Brigade.

EAIC News: 27th EAIC set for 2-5 Nov 2014 in Taipei

Meeting in Taipei a day after the 6.3-magnitude earthquake hit the island, the East Asian Insurance Congress (EAIC) Board has set the dates for the next insurance biennial event for 2 to 5 November at the Taipei International Convention Centre...

3rd World Pensions & Investments Forum

The World Pensions Council (WPC), an independent policy research organisation dedicated to innovative, enquiry-based analysis that helps strengthen interdisciplinary research in all pensions-related fields, held its forum recently in Hong Kong....

Brokerslink Conference - Preparing for new realities

The Brokerslink Global Conference saw the group's extensive network firms congregate in Singapore to discuss the latest trends in the industry. Asia Insurance Review was also on hand to chat with Chairman Jose Fonseca on Brokerslink's vision to...

Asia: On the trail of Super Typhoon Haiyan

Close to 5,000 people perished, at least 650,000 were displaced from their homes and villages, and about 22,000 went missing after Category 5 super-typhoon Haiyan swept through central Philippines on 8 November with average wind speeds of 315kph.

Asia: Demand for CAT reinsurance in Asia Pacific at record high this year

Total Asia Pacific catastrophe limit purchased in 2013 increased for the 10th year in a row, but failed to keep pace with strong GDP growth in the region, according to a recent report, Asia Pacific Catastrophe Report 2013 by Guy Carpenter.

Asia: BRICS nations keen to set up a reinsurance company

The five BRICS countries of Brazil, Russia, India, China and South Africa are looking into the possibility of setting up a reinsurance company that would serve their interests in an increasingly hostile commercial environment.

World Bank opens Global Islamic Finance Center in Istanbul

The World Bank Group has collaborated with the Turkish government to launch the Global Islamic Finance Development Center in Istanbul.

Global insurance leaders call on governments to act on disaster risks

Ayear ago, Hurricane Sandy made its first landfall on the coast of Jamaica. Over the following week it caused US$68 billion of damage, becoming the second costliest hurricane in US history, and killed at least 286 people.

Diary of events

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