From Editor-in-Chief
Canopius: Reinsurance - Not all doom and gloom
The way FWD
Sun Life: Sun shines bright on takaful
AXA: A healthy and protected focus
AGCS: Local solutions on a worldwide basis
18th Asia insurance industry awards 2014: Winners to stand tall
EAIC: Brainstorming changes
EAIC: Making the day count
Focus on winner - Risk manager of the year: Risk managers seek clarity on changing insurance regulations
ASEAN focus: Understanding ASEAN: Seven things you need to know
Natural catastrophe: What is driving the rising cost of natural disasters?
Natural catastrophe: Bridging the gap for flood models in Asia
Weather hedging: Making profits weather-proof
Indonesia rendezvous: Tariff sees desired effect, mega reinsurer due in 2015
Takaful focus: Aspiring towards bigger things
Future of insurance is in personal lines: Rosy outlook
Future of insurance is in personal lines: What customers want
Future of insurance is in personal lines: First Party Insurance Products: A credible alternative to liability insurance
Smaller South Asian markets: Small but sparkling - Bangladesh: Industry still striving towards vibrancy and stability
Smaller South Asian markets: Nasir Choudhury: The global face of Bangladesh's insurance industry
Smaller South Asian markets: Bhutan: Land-locked nation set to unlock its potential
Smaller South Asian markets: GIC Bhutan Re: In His Majesty's service
Smaller South Asian markets: Nepal: Himalayan task before industry & Interview with the Regulator
Smaller South Asian markets: New resorts to drive insurance growth in Maldives
Smaller South Asian markets: Business establishment criteria: A short guide
Prudence is a double-edged sword
Regulatory updates
G-SII: The 2014 designation and its implications for non-G-SII home jurisdictions
Insurability of cyber risk
Proportionate Liability: A decade of clarity or confusion?
Bring on tomorrow: The Risk Manager as Change Agent
Collegiate Education in Risk Management and Insurance globally: Past, present and future
Tiding through the tough times
Asia: 8th India Rendezvous moves to the more spaciousTaj Lands End in Mumbai
Asia: Regulatory sophistication on the rise in Asia Pacific - S&P
Asia Pacific: Demand for CAT reinsurance remains high - Guy Carpenter
Asia: Catlin exploring the world beneath
Asia: Investment in technology driven by customer demands - State Street Corp
Asia: Aussies betting on the wrong horse for financial future
Australia: AMP to acquire 19.9% of China Life Pension Company
Cambodia: Insurance industry sees 24% revenue rise to US$34.8 mln in 8 months
China: PICC - AIG JV sets up branch in Shanghai
China: Natural disasters led to US$1.33 bln economic losses in Oct
Hong Kong: AXA and Principal in partnership to offer retirement solutions
India: Insured losses from Cyclone Hudhud estimated to be US$650 million
India: Health insurance for all in India
Aioi Nissay Dowa becomes first Japanese non-life insurer to establish broking operation in Russia and Kazakhstan
S&P upgrades Korean Re's ratings to 'A'
Pakistan: Competition commission objects to new surveyor rules
Malaysia: Non-life to see steady growth in 2015 - PIAM
MetLife sets up innovation centre in Singapore
Singapore: Sales of single premium products up 23% for 1st 3Q 2014
Singapore: SHC Insurance becomes ERGO Insurance
Manulife in exclusive partnership with RHB Bank in Singapore
Sri Lanka: Government launches US$100 million climate resilience programme
Taiwan: Cathay Financial Holdings acquires Conning
Philippine non-life insurers meet for Regional Dialogue
Philippine insurers celebrate "bayanihan"
First Asian recipient of US professional liability award
Letter from 18th EAAC: Thank You
Pandemic Disease Business Interruption Insurance for Ebola launched
Private sector global coalition launched to improve road safety
Willis Group and Miller in exclusive talks to form London wholesale broking firm
Kiln and Tokio Marine Europe rebrand as Tokio Marine Kiln
People on the move
COVER STORY
The future of Personal Lines in Asia is assured, said five insurers we polled. The region has a growing middle-income population, one of the highest saving rates in the world and low penetration rates - all the right ingredients for the growth of consumer insurance. But the competition is keen as insurers jostle to increase their business in this sector where customer is king. So a key success factor would be to deliver what the customers want.
SPECIAL FEATURE
Demographic changes, evolving market dynamics and climate change are some of the challenges Asia is facing as it stands at a crossroad. And the way forward is to embrace these developments, say industry experts at the 27th East Asian Insurance...
RISK MANAGEMENT FEATURE
To mark the 1st PARIMA conference, we reflect on the insurer's perspective of the value that a risk manager brings to his organisation and a call from our Risk Manager of the Year urging insurers to make risk managers understand the changing...
Buy Now
Marked by declining rates and an influx of alternative capital into the reinsurance realm, 2014 saw Canopius scale back some of its reinsurance participation in the region and accelerate its foray into the direct insurance space. Its CEO and...
Being relatively new and smaller compared to some of its industry peers, FWD has the advantage of charting its path without the burden of legacy processes or systems. Mr Huynh Thanh Phong, FWD Group CEO, shares the insurer's quest for innovation and...
Mr Bert Paterson, Sun Life Financial's Head of Strategic Projects, speaks about his company's optimism to be a market leader in takaful. By Ridwan Abbas
We capture the excitement of the winners as they share with us what the win means to them, what they will do for the industry and how they will celebrate it.
The 18th EAIC in 2006 declared 18 October as EAIC Insurance Day. Member cities are urged to hold events on this day to promote the awareness of insurance to the public. We bring you a quick update on what four of the 12 markets in the EAIC - Japan,...
Insurers can help risk managers understand the fast-changing insurance regulations, says Mr Franck Baron, Group General Manager Risk Management & Insurance at International SOS.
The future of Personal Lines in Asia is assured, said five insurers we polled. The region has a growing middle-income population, one of the highest saving rates in the world and low penetration rates - all the right ingredients for the growth of...
With a growing middle-income group in a region boasting one of the highest saving rates in the world, consumer insurance has understandably been a key focus for many insurers in the region. We speak to five insurers about the future of Personal...
Mr Yves-Daniel Cochand from Swiss Re discusses why first party insurance covers can become a credible alternative to complex, expensive legal liability insurance systems in growth markets.
Positive and good growth is the hallmark of the four smaller countries in South Asia - Bangladesh, Bhutan, Maldives and Nepal. The four countries have issued or are issuing new regulations to bring insurance to the masses. It may be a...
Mr Nasir Choudhury was conferred the Lifetime Achievement Award at the 18th Asia Insurance Industry Awards held in Taipei. We profile the man and his mission to take insurance to the masses in Bangladesh. By Jimmy John
Bhutan, a land locked nation bordering India and China, is witnessing changes on the insurance front with the government coming out with new draft regulations for the sector and also the entrance of a new reinsurance player in the market. By Jimmy...
At this year's IAIS Annual Conference, discussions centred not only on the issues of enhancing policyholder protection and financial stability through governance and risk management, it also focused on the very important topic of regulatory prudence.
In this update brought to you by PwC, we bring you a roundup of key regulatory activities around the region in the recent few months.
Mr Shinya Kobayashi of the International Association of Insurance Supervisors (IAIS) outlines the 2014 G-SII designation and analyses its implications for non-G-SII home jurisdictions.
The G20 group has denoted cyber-attacks as a threat to the global economy. In this extract taken from The Geneva Papers, Dr Christian Biener, Prof Martin Eling and Mr Jan Hendrik Wirfs, from the Institute of Insurance Economics, University of St...
Ten years ago, reforms were made to the proportionate liability sector. This year, two court cases with conflicting judgments on what constitutes an apportionable claim throws up a confusion. Ms Jenni Priestley, Ms Janette McLennan and Ms Kate...
Risk management is a crucial skill needed in the insurance industry. Professor W Jean Kwon from St John's University New York, shares that while the subject is taught in various forms in most countries around the world, there is still room for...
Asia, with its prominent role in the global maritime industry, should spell lots of opportunities for business growth, and for insurers in particular. Yet, the marine insurance sector remains soft. More intensive efforts are needed to tide through...
Responding to the need for more space and bilateral meeting facilities and to continue in Mumbai, the 8th India Rendezvous will be at Taj Lands End on 21-23 January 2015.
Regulatory sophistication within the insurance sector is on the rise across Asia-Pacific as the region responds to the reach and influence of global regulatory initiatives and now faces a second stage of opportunity and change, said Standard &...
The level of reinsurance catastrophe limit being purchased in Asia continued to increase in 2014, said Guy Carpenter & Co, LLC, in a new report. However, a confluence of factors, including the weakening of some key zone currencies has meant that...
Top executives of non-life insurance companies in the Philippines gathered recently to chart the industry's course as it gears up for the ASEAN integration come 2015.
Bayanihan is a trait known to Filipinos. It is the spirit of working together and helping those in need. It is the same spirit that defines non-life insurance.
Ms Arunothayam Rajaratnam, Financial Lines Practice Group Leader - Asia of INCE & CO LLP International Law Firm, has been awarded the PLUS 1 Award last month by the US-based Professional Liability Underwriting Society (PLUS), joining the ranks of...
Miller Insurance Services, an independent specialist insurance broker, and William Gallagher Associates ("WGA"), a US retail insurance broker, have jointly announced the availability of Pandemic Disease Business Interruption Insurance, provided by...
Ten leading global companies have come together to create Together for Safer Roads - an innovative cross-sector coalition focused on improving road safety and reducing deaths and injuries by road traffic collisions. The founding members are:...
Willis Group Holdings and Miller Insurance Services LLP have entered into exclusive talks to create a leading London wholesale specialist broking firm. The proposed transaction will combine their wholesale businesses to trade under the Miller brand,...