Magazine

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

May 2013

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

CFO: Reinventing the CFOs - A multi-starring role today

COVER STORY

Strategist, accountant, investment adviser and CEOs' personal assistant? Yes, insurance CFOs are all these and more. As they navigate the increasingly tougher environment, CFOs say that having a clear vision, an understanding CEO and a strong capable team are the basics that will make their difficult job easier.

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A future with Independence & Authority

COUNTRY PROFILE

Change is in store for Hong Kong insurance industry with the Independent Insurance Authority (IIA) set to be established in 2015. Find out what lies ahead in this mature yet still growing market as insurers and brokers look both inside and outside...

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CEO Summit Highlight: Brave the new world of insurance

SPECIAL FEATURE

The world has changed and insurers are required to respond deftly to increased regulations, changing consumer preferences and game-changing technologies. But some things remain the same, such as the need to promote the good about insurance and the...

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All Stories

Interviews

  • Geneva Association - Global thinking not just for global giants

    While the discourse on designating global systemically important insurers (G-SIIs) sounds more like the business of global insurance giants and regulators, it will seep through to regional and domestic policies.This is nowhere more evident than in...

  • Q-Re aims for bigger role in Asia

    Based out of the Qatar Financial Centre, Q-Re is set to play a more significant role in Asia as it strengthens its presence globally, delivering strong expertise on the speciality front. Asia Insurance Review speaks to CEO Gunther Saacke on how the...

Cover Story

  • CFO: Reinventing the CFOs - A multi-starring role today

    Strategist, accountant, investment adviser and CEOs' personal assistant? Yes, insurance CFOs are all these and more. As they navigate the increasingly tougher environment, CFOs say that having a clear vision, an understanding CEO and a strong...

  • CFO: The plate is full but time is scarce

    CFOs of today are feeling the heat of their job's demands and are finding themselves with a full plate of responsibilities and in the glare of the spotlight. With so little time and so much to do, now more than ever they need a strong team and...

  • CFO: The co-captain has to wear many hats

    CEOs rely on their CFOs for decision makings and regard them as highly indispensable across all areas of business. And with a prolonged low interest rate climate and a tougher regulatory scene, CEOs need their CFOs now more than ever - not just to...

Country Profile

  • A future with Independence & Authority

    Change is in store for Hong Kong insurance industry with the Independent Insurance Authority (IIA) set to be established in 2015. Find out what lies ahead in this mature yet still growing market as insurers and brokers look both inside and outside...

  • Interview with regulator: Facilitating change, providing opportunities

    Even as the Office of the Commissioner of Insurance (OCI) has its hands full drafting legislation and introducing changes, Commissioner of Insurance Annie Choi shares that the office will continue to provide opportunities for the industry and that...

  • Life insurance: Seeking the silver lining

    Amidst a bleak global economic outlook, the life insurance sector in Hong Kong still managed to show impressive results for 2012. Despite being highly penetrated, the market still lacks adequate protection. Life insurers share challenges they...

Think Tank

Legal Page

  • Unfair contract terms regime in Australia

    The Australian Federal Government intends to legislate to protect consumers from unfair terms in insurance contracts. Mr Dean Carrigan, Ms Olympia Samolis and Ms Krystle Gardner from Clyde & Co in Sydney highlight the implications of this for...

Special Feature

  • CEO Summit Highlight: Brave the new world of insurance

    The world has changed and insurers are required to respond deftly to increased regulations, changing consumer preferences and game-changing technologies. But some things remain the same, such as the need to promote the good about insurance and the...

  • CEO Summit Highlight: We still have much to learn

    Although the floodwaters may have receded more than a year ago, the 2011 Thai Floods had left behind a number of lessons for the insurance industry. Here are some pointers discussed by speakers at the half-day seminar on Critical Lessons Learnt from...

  • CEO Summit Highlight: Too much power? It depends on the market

    A panel of three regulators and four insurance CEOs addressed the concern over excessive regulations and the cost of compliance. Both sides agreed on their need to communicate regularly and to work in a cordial relationship. By Manuelita Contreras

Conference Reports

Takaful Market Profile

  • A work with progress

    As a lead-up to the 8th Asia Takaful Conference being held in Singapore this month, we take stock of top issues facing the industry operators as highlighted in the past seven events.

IT in Insurance

Personality Profile

  • Uncle Les looks back

    Mr Leslie Mouat, the recently-retired Chairman and Head of Distribution, AIG APAC Holdings Pte Ltd, looks back at his more than 40 years in the industry.

News

Events News

  • PIC looks to reach new highs

    The Pacific Insurance Conference (PIC) targets to achieve new highs as it marks its golden anniversary this year. Messrs Michael Huddart, Vic Apps and Mel Gottlieb talk about the offerings of the 26th PIC on 27-30 October 2013 and look back at PIC's...

Global News

  • Lloyd's returns to profits in 2012

    Lloyd's has announced a profit before tax of US$4.52 billion for 2012, following a loss of $800 million in 2011, which had been the costliest year on record for natural catastrophes.

  • Variable annuities resilient, says Geneva Association

    In its latest report, The Geneva Association said variable annuities in their current form are resilient during financial downturns and do not have any characteristics that threaten financial stability.

  • Takaful operators top 200

    The number of takaful operators worldwide has increased to 200, with an additional four new companies entering the segment compared to 196 the previous year, latest figures in the World Islamic Insurance Directory (WIID) 2013 have shown.

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