Magazine Table of Contents
We bring you a synopsis of a discussion session at The Geneva Association’s 43rd Annual General Assembly on cyber risk, highlighting the opportunities for insurers and the challenges that come with it.
With no end to the soft market in sight, many in the industry believe that the days of a marked cycle is over. But reinsurers are adapting and evolving to find a new role in the current market.
Mr Shinya Kobayashi from the International Association of Insurance Supervisors (IAIS) explores how the supervision of insurers can be further enhanced, revisiting the commitment made after the global financial crisis.
Mr Jonathan Zhao and Mr Phil Joubert of EY explain the two alternative options – temporary exemption and the overlay approach – for entities issuing contracts within the scope of IFRS 4.
Nat CAT Feature
The 14th Conference on Catastrophe Insurance highlighted the need for solutions in closing the protection gap, creating better and more affordable products, enhancing societal resiliency and learning from past lessons.
The 3rd Asia Agriculture Insurance Conference looked at the possible insurance products that might be able to increase penetration within the agriculture sector where insurance is most needed bearing the risks faced.
The Takaful Rendezvous focussed on getting takaful operators to better engage the Gen-Y segment including using technology to better understand and serve the needs of customers.
Mr Yongho Lee of PineBridge Investments looks at the current low-yield investment landscape as insurers in Asia move towards offshore asset classes in search of improved returns.