Cover Story : Terrorism and Political Risks in Asia – Still A Threat
Think Tank: The Geneva Association - Risk Analysis of Mortality Improvement: The Case of Chinese Annuity Markets
News - Australia: RMIA's Risk Manager of the Year Announced
News - ADB and Japan Promote Risk Mechanisms for Natural Catastrophes
While most people today are fixated on the daily happenings on Wall Street, corporate collapses and government intervention, to name a few, terrorism and political risks have taken a back seat. In this year’s Terrorism and Political Risk in Asia conference, held in October in Singapore, the spotlight shines on the threats and trends in Asia and the importance for insurers and corporations to continue to be prepared. Here, our journalist, Ms Min Yong, recapitulates the constructive discussions that took place during the two-day event.
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China has experienced significant improvement in mortality improvement since the late 1930s. The rate of mortality improvement has been faster than in most developed countries, which has resulted in a great challenge to provide retirement income to the ageing population. Three experts propose a model of mortality improvement using Chinese life tables to help insurers produce improved commercial annuity products.
Leighton Holdings Ltd’s Executive General Manager, Risk Management, Mr David Hudson, is the Risk Management Institution of Australasia’s (RMIA) 2008 Risk Manager of the Year (RMOY), announced the RMIA at a conference in November in Perth, Western Australia.
The Asian Development Bank (ADB) and Japan will promote programmes that develop risk insurance and reinsurance mechanisms for natural catastrophes in the Asia Pacific region, reported the industry media.