From Editor-in-chief

Lloyd's sees more room for growth in Asia

Lloyd's Asia head Kent Chaplin discusses the exciting growth drivers that would propel the business in the region. By Ridwan Abbas

IIS report: Global insurers urged to leverage & dig deep for growth

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...

Will motor make sense?: Betting on drivers, deregulations and driverless cars

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...

Will motor make sense?: Keeping an eye on the driver

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...

Will motor make sense?: Self-driving vehicles - coming to a road near you!

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...

Adapting to a fast-changing landscape

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...

Life insurance: New competitive environment

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...

General insurance: Regional opportunities from Singapore supervision

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...

Sri Lanka: Changes in the air

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.

Life focus: Growing business by improving the customer experience

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.

Cyber insurance focus: Prevention must complement insurance

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.

Asia: GAMA International - A greater energy in Asia

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...

Asia: Insurers need to strategise for digital age - PwC

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.

Australia: First-time survey on human resource in Australia

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.

EAAC: Risk, challenges and opportunities

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...

Economic, financial risks and cloud computing security are top emerging risks

AXA and Swiss Re have both released separate reports on new emerging risks that will be affecting the insurance market.

Super-tall 2,000 ft buildings a challenge for (re)insurers

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.

Sigma: Slower premium growth in 2013

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...

Diary of events

People on the move