‘ For enhancing the range of products and quality of service available to customers in the market it is operating in in Asia '

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to customers’ needs
• Innovation
• Industry leadership
• Business retention and growth
• Sound financial management and provision of information
• Speed and effectiveness in handling claims
• Professional standard

Sponsored by:

Jardine Lloyd Thompson (JLT) Asia, a wholly owned subsidiary of Jardine Lloyd Thompson Group plc, is a market leader in insurance & reinsurance broking, risk management and consultancy services. JLT Group employs 5,000 personnel and operates out of more than 100 offices in over 30 countries around the globe.

Our operations in Asia date back to 1836. Today, JLT Asia is one of the most experienced brokers in this region, with 500 staff in 12 locations across Asia – China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Macau, Philippines, Singapore, Taiwan, Thailand and Vietnam.

JLT is a Jardine Matheson Associate Company, an Asia-based conglomerate with a broad portfolio of market-leading businesses in engineering, construction, transport services, motor trading, property, retailing, restaurants and hotels. Through this relationship, JLT Asia has access to the skills and resources of one of Asia’s most successful businesses.
We have a proven ability and track record in providing winning solutions through our consistent focus on quality and personal approach in building successful client partnerships.

In addition, our insurance specialists are renowned for their innovative approach to developing integrated insurance, reinsurance and alternative risk transfer solutions to address the complex risks inherent in Asia.

JLT Asia has been named Broker of the Year in four out of the last five years (2001, 2002, 2003 and 2005) – a testimony to the excellence in service, proactive approach and innovative mindset that it brings to meeting its clients’ needs.

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General Reinsurer of the Year

‘ For enhancing the stability and security of the Asian reinsurance industry in an exemplary manner'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to insured and/or insurers’ needs
• Innovation
• Industry leadership
• Sound financial management, corporate governance and disclosure
• Speed and effectiveness in handling claims, fairness to policyholders
• Professional standards

Sponsored by:

Gallagher Re offers reinsurance brokerage and risk advisory services to a global client base which includes insurance and reinsurance companies and other similar entities such as Captives and Protected Cell Companies. It provides a range of Property, Casualty and Life, Accident & Health expertise, through Treaty, Program and Facultative reinsurance services. Analytical capabilities, such as peril and natural hazard modelling, Actuarial services and Dynamic Financial Analysis (DFA) are an intrinsic part of our proposition.

Via its predecessor companies, Gallagher Re has many years’ experience in Asia, working with insurance and reinsurance as well as major corporate organisations across the region. From its headquarters in Singapore, Gallagher Re’s Asian team combines expert local knowledge with full access to the resources of its worldwide offices covering all Asian countries from India to Japan. The team also has direct access to the global reinsurance markets in Europe, including Lloyd’s, the USA, Bermuda and Asia.

Gallagher Re is a wholly-owned subsidiary of Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Illinois. Gallagher is traded on the New York Stock Exchange under the symbol AJG.

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Personality of the Year

‘To the person who has made the most outstanding individual contribution to the Asian insurance or reinsurance industry'

Criteria

• Outstanding leadership qualities
• Superior communication skills
• Advocacy on behalf of industry to the market, broader community and/or government to enhance industry’s image and reputation of the industry
• In-depth knowledge and understanding of the market
• Engagement and effective management
• Innovation
• Influence on the development of insurance/reinsurance practice to enhance stability and growth in the market
• Professional standards

Sponsored by:

The Allianz Group is one of the world’s leading insurers and financial services providers. Its comprehensive range of services includes property and casualty insurance, life and health insurance, asset management and banking. Established more than a hundred years ago, Allianz is now present in more than 70 countries, serving over 60 million customers worldwide.

Allianz AG Reinsurance Branch Asia Pacific is the reinsurance arm of the Group in Asia Pacific. Since its inception in 1999, Allianz Reinsurance has striven to be a preferred reinsurance partner in Asia Pacific, providing professional reinsurance solutions and superior service. As one of the leading reinsurers in Singapore, Allianz Reinsurance has also achieved a significant profile in the region.

With excellent know-how and underwriting expertise in all lines of business - Casualty, Engineering and Marine, Property, Life and Health, including niche product markets such as Directors and Officers Liability, Product Recall and Professional Indemnity - Allianz Reinsurance is well placed to meet the diverse business needs of its customers. As a major capacity provider, it is able to play a leading role in each line of business.

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Risk Manager of the Year

‘For creativity in managing companies’ risks and the promotion of risk management in Asia'

Criteria

• Outstanding leadership qualities
• Superior communication skills
• Advocacy on behalf of industry to the market, broader community and/or government to enhance industry’s image and reputation of the industry
• In-depth knowledge and understanding of the market
• Engagement and effective management
• Innovation
• Influence on the development of insurance/reinsurance practice to enhance stability and growth in the market
• Professional standards

Sponsored by:

Member companies of American International Group, Inc. (AIG) in Southeast Asia offer a broad array of innovative insurance solutions, superior service and responsive claims handling to both commercial and consumer clients.

AIG member companies have been providing general insurance services in Asia for over 80 years. The general insurance operations of AIG member companies in Asia are located in Hong Kong, China, Macau, Thailand, Malaysia, Singapore, Indonesia, Philippines, Taiwan, Guam, Micronesia, Vietnam, and Saipan.

AIG is one of the world's most innovative companies, its member companies are well positioned to capitalize on opportunities on behalf of its customers throughout the global marketplace.

While products and services of AIG member companies have changed over the years to meet the evolving needs of their customers, the AIG core values of integrity, quality service, financial strength and responsive leadership will never change.

AIG's global businesses also include financial services, retirement services and asset management.

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Innovation of the Year

‘For the operation which generated the most innovative approach to a significant business area'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to customers’ needs
• Originality of product/ services offered
• Degree of innovation
• Industry leadership
• Service flexibility and efficiency
• Success of the product/service in the market
• Professional standards

Sponsored by:

Manulife Financial is a leading Canadian-based financial services group operating in 19 countries and territories worldwide. At Manulife Financial, our vision is to be the most professional life insurance company in the world: providing the very best financial protection and investment management services tailored to the millions of customers in every market where we do business. Our PRIDE values – Professionalism, Real Value to Customers, Integrity, Demonstrated Financial Strength, and Employer of Choice – guide everything we do, from strategic planning to day-to-day decision-making, to the manner in which we treat our customers and other stakeholders.
Manulife Financial has operated in Asia for more than 100 years and has one of the most extensive operations of any life insurance company. Manulife’s businesses in Asia are located in Hong Kong, Indonesia, Japan, the Philippines, China, Singapore, Vietnam, Taiwan, Thailand and Malaysia.
Manulife Financial is the largest life insurance company in Canada, the second largest in North America and the fourth largest in the world, based on market capitalization.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK.

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Life Insurance Company of the Year

‘ For enhancing the range of life insurance products and quality of service available to its customers in Asia '

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to both end-user and intermediary needs
• Innovation
• Industry leadership
• Business retention and growth
• Speed and effectiveness in assessing risks and handling claims
• Sound financial management and provision of information
• Professional standards

Sponsored by:

Central Re, a professional reinsurer in Taiwan, previously was a state-owned company and was privatized on 11 July 2002. After privatization Central Re aims to be the leading authority on managing risk and capital, delivering attractive returns while maintaining top financial strength, and leveraging intellectual capital thereby contributing to the insurance industry and to society. To achieve these goals, Central Re seeks to maintain a high level of risk diversification, sustainable growth in premium and an optimal capital structure. By adhering to its sacred new mission of becoming a market paradigm, generating clients value and earning corporate profit, Central Re is building a bright future of an extremely strong, professional reinsurance company in an improved society.

Central Re is a leading reinsurer in both the domestic life and non-life reinsurance markets, and it endeavors to expand overseas business for the purposes of risk diversification and business growth. Central Re recruited competent personnel from international reinsurance companies, strengthened its financial position by a series of new capital issuance, and established close relationships with local as well as overseas strategic partners. Central Re’s intent in developing its overseas portfolio is to focus its efforts on those markets offering the most attractive opportunities where it is best positioned to secure the business. Accordingly, Central Re is focusing its energies with existing and prospective clients located in Asian, including companies in Japan, China, South Korea and in various South East Asian countries. Central Re strikes to generate value for its clients and to make a contribution in those markets where it is active.

After privatization, Central Re accelerated its paid-up capital to NT$5 billion mainly due to Evergreen group’s injection. The Evergreen group, a conglomerate primarily engaged in the transport industry and its Evergreen Marine Corp.(EMC) being one of the top-five global container shipping companies, now owns 53.7% of Central Re, with the Ministry of Finance retaining a share of 23.3%. Thus, Central Re 's financial flexibility is good as a result of its good earning stream, adequate retrocession arrangements and the powerful shareholder’s support.

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Broker of the Year

‘For new business generated or for value added to the company or the market by an individual, team, department or company'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to customers’ needs
• Innovation
• Industry leadership
• Business retention and growth
• Sound financial management and provision of information
• Outstanding customer service and resulting business referrals
• Professional standards

Sponsored by:

Millea Asia Pte Ltd was born in December 2002 as a result of the formation of the Millea Holdings Group (Millea Group) with the establishment of Millea Holdings Inc. (Japan) in April 2002, the holding company of Tokio Marine and Nichido Fire Insurance Co. Ltd. (Japan). The Group is strongly committed to strengthen both non-life and life insurance business in the Asian region, and Millea Asia’s role is to be the Asian Regional Headquarters of Millea Group, which is the largest non-life insurance group in Japan.

Millea Asia is also the intermediate holding company as well as the management company of 12 group companies within Asia, namely, in Hong Kong, Philippines, Thailand, Malaysia, Singapore, Taiwan, China, Indonesia, Vietnam and India. It manages 9 non-life insurance companies, 2 life insurance companies and 1 reinsurance company.

Millea Asia has 43 staff, a paid-up capital of SG$62.8 million, and total assets worth SGD585 million as 1st January 2006.
Millea Asia in its commitment to expand the insurance business in the region continues to be the exclusive Sponsor of the “Broker of the Year” Category at the Asia Insurance Industry Awards 2006.

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Service Provider of the Year

‘For enhancing the stability and security of the Asian reinsurance industry in an exemplary manner'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to insurers’ needs
• Innovation
• Industry leadership
• Service flexibility and efficiency
• Professional standards

Sponsored by:

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Educational Service Provider of the Year

‘For outstanding and continuous training service to the insurance or reinsurance industry'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to customers’ needs
• Innovation
• Leadership to the market
• Contribution to boosting educational standards of Industry
• Type and nature of training programmes offered
• Professional standards

Sponsored by:

China Pacific Life Insurance Co., Ltd.(CPIC Life), a nationwide joint-stock life insurance company specializing at life insurance business of all types, was established on November 9, 2001 with its headquarter in Shanghai, China.

The holding company of CIPC Life, China Pacific Insurance (Group) Co., Ltd. (CIPC Group) was established in 1991. Capitalizing on the CPIC Group's strengths, CPIC Life adheres to the operational guideline of “Sound and Profitable Operation”, strives to promote and develop its core values of “Commitment to Business Integrity and Sustainable Growth”. The company currently has over 150 insurance products covering various fields of life, annuity, health, accidental injury, etc.. The product ranges promoted by the company are warmly welcome by the clients and have gained recognition from the market. In 2005, CPIC Life was awarded “Customer-Satisfying Company throughout China ” by China Association for Quality.

CPIC Life has established a sale and service network covering most part of the whole country. Distribution channels including individual, group, bancassurance, and other intermediary business have been growing steadily. By the end of 2005, the company has established 520 regional offices, branches and sub-branches, and more than 3000 sales offices across the country. Number of employees are about 29,000, while number of individual sales agents have reached 183,000. The company has an e-commerce network in China with domestic and overseas connection. The website is www.cpic.com.cn . Total company assets as of December 31, 2005 reached RMB 120 billion and the premium income of the year amounted to RMB 36.2 billion, realizing an operation profit of RMB 521 million.

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Reinsurance Broker of the Year

‘For adding significant value to the reinsurance process in the course of generating new business'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to customers’ needs
• Innovation
• Industry leadership
• Business retention and growth
• Sound financial management and provision of information
• Outstanding customer service and business referrals
• Professional standards

Sponsored by:

The Toa Reinsurance Company (Toa Re) is the only indigenous professional reinsurer in Japan. It has three regional business units located in Singapore, Kuala Lumpur and Hong Kong in Asia. To reaffirm its commitment to providing seamless services in the region, Toa Re also opened its liaison office in Taipei in 2000.

In its Tokyo headquarters, Toa Re operates the Overseas Marketing Department handling the European and other international books of business. Toa Re has also contributed to the reinsurance industry through the operation of its subsidiaries in the US, “The Toa Reinsurance Company of America”, and in Switzerland, “The Toa 21st Century Reinsurance Company, Limited” which was established in March 2002.

In 1997, Toa Re was granted a permission to underwrite life reassurance in Japan, making Toa Re a composite reinsurance company providing a spectrum of life and non-life services to its clients.

Toa Re is rated AA- by Standard & Poor’s , and A+(Superior) by AM Best. These ratings symbolize Toa Re’s financial strength and its strong position in the market. At the end of fiscal year 2004, Toa Re Group’s net premium amounted to ¥135 billion.

Toa Re aims to promote and encourage Asian insurance and reinsurance activities, thereby enhancing the growth of Asian reinsurance business.

In 1997, Toa Re won the Reinsurance Company of the Year Award. It is now a privilege for the company to uphold this good tradition of our day.

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Loss Adjuster of the Year

‘For the adjuster who has provided a consistent and reliable standard of quality of service in balancing the interests of both the insurer and the insured'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to insurance and insurers’ needs
• Innovation
• Industry leadership
• Sound management of fiduciary obligations between the insurer and claimant
• Outstanding service to the insurer and/or the insured
• Professional standards

Sponsored by:

A member of the HSBC Group and twice winner of the Asia Insurance Review’s Insurance Broker of the Year Award, HSBC Insurance Brokers has been one of the fastest growing brokers of the last decade. In recent years, the Company has expanded strategically throughout the Asia-Pacific region.

We pride ourselves on having the resources and expertise to develop imaginative solutions to our clients’ problems and have achieved an enviable reputation for innovation in risk management, insurance broking and consulting.

We recognise that the world is changing and, with it, the risks to which our clients are exposed. As part of one of the world’s biggest financial services organizations, our international network enables us to adapt successfully to these changes. Through our network, we are able to access the global insurance markets and develop comprehensive and customised risk management programmes using advanced techniques to meet the individual needs of our clients in Asia-Pacific region and beyond.

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Reinsurance Industry Contribution Award

‘To the reinsurance company that provides the greatest level of value-added range of services to cedants, local regulators and the local industry'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to the needs of the market with examples of working with a local regular or trade association
• Helping the market in seeking growth opportunities, product innovation and servicing market
• Provide value-added service to the industry
• Efforts in boosting standards and professionalism in the market
• Sound financial management and provision of information

Sponsored by:

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Corporate Social Responsibility Award

‘Open to organisations or individuals representing the insurance industry in Asia who have committed real resource to achieve significant and sustainable benefit to the community in social, economic and/or environmental arenas, through a non-profit driven venture.'

Criteria

• Outstanding values/benefits of the contribution to the community
• Key examples of work from the project with details on motivation, capital resource, staff commitment
• Socially responsible leadership in the market
• Innovation
• True ‘grassroots’ engagement with the community
• Evidence of the community’s support/appreciation for the venture

Sponsored by:

Swiss Re is one of the world’s leading reinsurers and the world’s largest life and health reinsurer. The company operates through more than 70 offices in over 30 countries. Swiss Re has been in the reinsurance business since its foundation in Zurich, Switzerland, in 1863, and offers a wide variety of products to manage capital and risk.

At Swiss Re, traditional reinsurance products, including a broad range of property and casualty as well as life and health covers and related services, are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management.

Swiss Re has been associated with Asia since 1913, established its first offices in the region in 1956, and now has more than 850 staff in Asia Pacific. The company's Asian headquarters are in Hong Kong.

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Life Reinsurer of the Year

‘Open to companies that underwrite life reinsurance either as the main source of business or as part of an overall premium income mix'

Criteria

• In-depth knowledge and understanding of the market
• Responsiveness to insured and/or insurers’ needs
• Offering superior service and security to clients
• Ability to adapt to market and industry changes
• Sound financial management, corporate governance and disclosure
• Professional standards

Sponsored by:

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