Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Sep 2022


Natural Catastrophe Protection Gap in Asia Calls for Collaborative Innovation

The insurance protection gap is generally defined as the difference between total and insured loss costs. Globally, 2021 total losses from natural disasters were estimated to equal approximately USD 280 billion, of which approximately USD 120 billion, or 43%, were covered by (re)insurance.(1) This gap was smaller than many previous years because a higher proportion of losses occurred in the US, which has one of the most developed insurance markets in the world, with high penetration.


Managing 'Secondary' Perlis in Asia Pacific Region

Secondary perils represent a complex and nuanced challenge for the (re) insurance industry. In essence, these natural perils are “known, unknowns.” They are known to pose a risk, but our industry does not always have a full understanding of their potential impacts.


Managing 'Secondary' Perils in Asia Pacific Region

Secondary perils represent a complex and nuanced challenge for the (re) insurance industry. In essence, these natural perils are “known, unknowns.” They are known to pose a risk, but our industry does not always have a full understanding of their potential impacts.


ESG in Australia and the opportunities/ challenges this brings for the insurance industry

The next video in the series looks at how ESG is playing out in Australia and the opportunities and challenges that this will bring to the insurance industry.


Secondary perils and the protection gap

The next video in the series looks at defining secondary perils, insuring against them, the importance of modelling – and the role of reinsurance in closing the protection gap.


Global systemic risks, climate risk, net zero planning and risk as it relates to ESG

The next video in the series looks at global systemic risks, climate risk, net zero planning and risk as it relates to ESG.

We talk to four leading risk-industry professionals - Mercer president of Asia, Middle East and Africa Renee McGowan, Guy Carpenter CEO of Asia Pacific Tony Gallagher, Oliver Wyman partner – head of APR public policy Jacob Hook and Marsh Asia head David Jacob.


Latest cyber events, their impacts and possible solutions

The next video in the series looks at the impact of recent cyber events in Asia.

Guy Carpenter managing director, cyber centre of excellence leader Siobhan O'Brien talks to Asia Insurance Review about what insurers can do to mitigate the impact of these cyber events.


Shaping the future series of videos with Guy Carpenter

The next video in the series looks at the impacts of recent economic and regulatory changes on life and health insurance in Asia Pacific.


Shaping the future series of videos with Guy Carpenter

The next video in the series looks at the changing nature of risk management.

 China Pacific Property Insurance Company chief actuary Chen Sen talks to Asia Insurance Review about why risk management is changing and what part technology plays in this – and how corporates can prepare for the change.


Shaping the future series of videos with Guy Carpenter

The first video in the series looks at the changing nature of risk.