From Editor-in-chief
Lloyd's sees more room for growth in Asia
Willis: Adding more science into the art of selling insurance
IIS report: Global insurers urged to leverage & dig deep for growth
Will motor make sense?: Betting on drivers, deregulations and driverless cars
Will motor make sense?: Keeping an eye on the driver
Will motor make sense?: Self-driving vehicles - coming to a road near you!
Will motor make sense?: Preparing to succeed in a deregulated environment!!
Bring on tomorrow: Steering to safety: AIG is keeping its eye on the roads of Asia Pacific
Adapting to a fast-changing landscape
Life insurance: New competitive environment
General insurance: Regional opportunities from Singapore supervision
Health insurance reforms in Singapore
Rising up to higher industry standards
Keeping reinsurance on the front foot
Singapore - Insurance group supervision
Sri Lanka: Changes in the air
Volcanoes: Modelling the Unimaginable: The risk of catastrophic volcanic eruption
Solar storms and their impacts on power grids: What consequences for (re)insurers?
SFC in Hong Kong: The aggressive trend continues
Life focus: Growing business by improving the customer experience
Life focus: Voluntary products, underinsured markets and Asia
Health Insurance: Expat health insurance: A bitter pill to swallow, or just what the doctor ordered?
Health Insurance: Insurers to play a part in combating health inflation
Agriculture: Cultivate trust to reap success
Cyber insurance focus: Prevention must complement insurance
Asia: GAMA International - A greater energy in Asia
Asia: Insurers need to strategise for digital age - PwC
Australia: First-time survey on human resource in Australia
Australia: UAC - Filling the gaps
China: Govt to speed up development of insurance industry
China: New motor premium rules to be out
Swiss Re agrees to acquire RSA China
China: AXA Tianping targets online direct motor insurance
Ironshore International opens Hong Kong office
India: JLT invests in Independent Insurance Brokers
India: Govt proposes hike in FDI cap to 49%
Japan's snowstorms most costly Nat CAT globally in 1H 2014 - Munich Re
Japan: First group of agents certified as "General Insurance Total Planners"
Malaysia: Liberty Mutual subsidiary finalises acquisition of Uni.Asia General
Malaysia: Tragic downing of MH17 to incur payouts of US$150 mln-1 bln
Malaysian Takaful Association identifies key reasons for protection gap
AIG Philippines expects 30% growth across all financial lines products for 2015
ERGO acquires SHC Insurance in Singapore
Zurich Life Singapore launches its first multi-currency protection plan
Thailand: Life insurance market grows 20% in first 5 months
Ceylinco Insurance recognised as "Best Insurance Company - Sri Lanka"
Regulatory updates
EAAC: Risk, challenges and opportunities
Economic, financial risks and cloud computing security are top emerging risks
Super-tall 2,000 ft buildings a challenge for (re)insurers
Sigma: Slower premium growth in 2013
GFIA supports B20 recommendations to promote economic growth and stability
Preventing fictitious claims in bagged rice shipments - American Club
Diary of events
People on the move
COVER STORY
The motor insurance scene is changing and speedily too. Insurers need to continue to keep to basic underwriting rules and watch those high-risk drivers and yet get ready for the day when cars will go driverless! But at the end of the day, motor must learn to thrive in a deregulated environment.
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COUNTRY PROFILE
Singapore's insurance industry continues to post strong results amid an evolving regulatory environment. On the life side, the industry has just undergone a major exercise to raise the overall competence of the financial advisers and promote a...
SPOTLIGHT
The insurance industry in Sri Lanka has been going through a rough phase as a result of political and regulatory issues and increased price competition in the motor segment.
Lloyd's Asia head Kent Chaplin discusses the exciting growth drivers that would propel the business in the region. By Ridwan Abbas
We recently spoke to Willis Asia CEO Adam Garrard on what it takes for brokers to come out on top in this evolving global landscape. He shares views on how to empower clients in managing risk, and showing the tangible value of insurance. By Ridwan...
Amid various challenges faced by the global insurance industry, growth optimism remains high as speakers and delegates converged on the cradle of insurance in London for the 50th International Insurance Society (IIS) Seminar, where the discussions...
The motor insurance scene is changing and speedily too. Insurers need to continue to keep to basic underwriting rules and watch those high-risk drivers and yet get ready for the day when cars will go driverless! But at the end of the day, motor must...
Good portfolio management is essential for profitable underwriting of motor insurance and suitable pricing criteria need to be found. A look at other markets can also prove useful. Mr José Antonio Sobrino Reineke from Munich Re looks at the upcoming...
Self-driving vehicles are definitely on the horizon. However, nobody knows for sure when they will arrive, how they will work and how much they will cost. Nonetheless, Swiss Re's Mr Roy Hraiki says that what is certain is that it will change...
The World Health Organization (WHO) predicts that by 2020, road accident injuries will be the third-highest threat to public health in many parts of Asia, says Mr Andres Byrne of AIG Asia Pacific.
Ms Min Hung Cheng from AXA Life Insurance discusses the impact of the Financial Advisory Industry Review (FAIR) Panel's recommendations on the Singapore life insurance market. Ms Cheng says that there essentially will be greater product innovation...
As Singapore continues to entrench its position as a financial hub for Asia, the country's general insurance market is developing alongside it and evolving at a rapid pace. Mr Jonathan Rake of Zurich General Insurance, Singapore, says there are two...
Dr Christina Magill of Risk Frontiers, Macquarie University looks at the potential catastrophe of a repeat volcanic eruption with the magnitude of the 1707 Hoei eruption from Mount Fuji.
In this extract from The Geneva Association's Risk Management newsletter, Mr Romain Launay of SCOR looks at the implication for reinsurers in a climate where, despite the awareness of the potential damages from solar storms, very few insurance...
The Securities and Futures Commission in Hong Kong has been conducting more investigations in their aim to make Hong Kong a safe and reputable place to do business. Mr Patrick Perry of Clyde & Co gives an update.
LIMRA research shows customers now wanting an array of options when purchasing life insurance. This was one of the highlights of the 22nd LIMRA LOMA Strategic Issues Conference this year in Taipei.
Mr Anil Sanwal of RGA discusses the benefits of voluntary group insurance products for employee, employer, broker and insurer.
Mr Jonathan Connelly of Cigna Global Health Options says insurance brokers who are looking for suitable health insurance products for their expatriate clients, must scrutinise not only the varied arrays of products available, but also the insurers...
Insureds must view cyber risks from inside-out and focus on prevention, and (re)insurers need to adopt a holistic approach for cyber insurance which includes risk-mitigation measures, said speakers at the Asia Cyber Liability Insurance Conference.
Since she assumed her role as CEO of GAMA International, Ms Bonnie Godsman has set her sights to increase the association's international membership. With Asia accounting for the bulk of its members outside of the US, more programmes which are...
Increasing digital engagement with customers is now essential for general insurers to get customer attention and ensure their product and service offerings stand out in the market, according to PwC in its latest report.
The Australian and New Zealand Institute of Insurance and Finance (the Institute) has launched an unprecedented national survey to identify trends in hiring, skills shortages and staff retention in insurance.
In this update brought to you by PwC, we bring you a roundup of key regulatory activities around the region in the last three months.
The East Asian Actuarial Conference (EAAC) is one of the biggest events for the actuarial profession in Asia. Since its inception in 1981, the EAAC has aimed to exchange ideas and information on all topics of actuarial knowledge and to promote the...
AXA and Swiss Re have both released separate reports on new emerging risks that will be affecting the insurance market.
With the latest generation of high-rise buildings reaching new heights of close to 2,000 feet, the super-tall construction boom is bringing new challenges as projects are built higher, faster and with increasing complexity.
Premiums written in the global insurance industry grew by 1.4% in real terms to US$4,641 billion in 2013 after a 2.5% increase in 2012, said Swiss Re's latest sigma study. The slowdown was primarily due to weakness in the life sector in the advanced...