Magazine

Jun 2017

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

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

Managing the tremors

COVER STORY - Nat CATs – Earthquake Focus

Mother Nature is still a dominant force despite all the amazing progress mankind has made in the technology arena in the last few decades. Earthquake is one of the many natural catastrophes that people are extremely fearful of. There is still a lot of unknowns about it as seismologists cannot predict the timing, location, and magnitude of future earthquakes. 
   In this Cover Story, experts talk about modelling and analytics, the protection gap and predict what would happen if a massive quake hit the Himalayas. 
 


Three steps forward, one step back

COUNTRY PROFILE - Taiwan

There is a lot of optimism still for this mature market as 2016 saw good growth from both the life (7.06%) and nonlife (7.23%) sectors. There is also no respite from the onslaught of change and the overly cautious regulations add to the struggle for...

Insurers need to flex their muscles in a digital and shared economy

GENERAL INSURANCE - CIO’s Dashboard

Asia Insurance Review recently co-hosted a breakfast roundtable with DXC Technology where its Chief Technology Officer, Brian Wallace, discussed the theme of “Raising your Digital Insurance IQ” with an audience of regional executives.

Featured Articles


All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    Summer’s lease has been palled by WannaCry, fears of ransomware and spear phishing. The global cyberattacks in May have indeed raised awareness of cyber exposures, despite the damages being contained by chance or accident. There is a buzz...

Guest Editorial

Interviews

  • Magazine article aboutMalcolm-C-Steingold-Following-the-golden-thread

    Malcolm C Steingold: Following the golden thread

    One of the industry’s stalwarts, Mr Malcolm C Steingold, CEO ofAon Benfield Asia Pacific, is poised to retire from his role,after 24 years with Aon Benfield. Following his illustrious career,we discover the essence behind his success.

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  • Swiss Re India: Think big, get innovative and go digital

    Indian insurers want numbers! Both literally and figuratively! Expectations of the Indian customer are ever-evolving. She wants simple, one-click innovative customised solutions. Insurers can offer these, the digitalisation way. We speak with Ms...

Going Digital

  • Magazine article aboutWinning-the-InsurTech-game

    Winning the InsurTech game

    The way in which insurers engage with InsurTech startups will be a major factor separating the winners from the losers, said speakers at Asia Insurance Review’s first InsurTech Summit.

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Cover Story

Nat CATs – Earthquake Focus

  • Magazine article aboutManaging-the-tremors

    Managing the tremors

    Mother Nature is still a dominant force despite all the amazing progress mankind has made in the technology arena in the last few decades. Earthquake is one of the many natural catastrophes that people are extremely fearful of. There is still a lot...

  • South Asia: Massive Himalayan quake predicted

    The Himalayan belt in the South Asian region comprising the nations of India, Nepal, Bangladesh, Pakistan and Myanmar is at great risk of a magnitude 8 earthquake, geologists warn. An earthquake of 7.8 magnitude that hit Nepal in 2015 had resulted...

  • Modelling and analytics: Building on strong foundations

    This is an exciting time for the risk modelling and analytics community, says Mr Mohsen Rahnama of RMS. With new modelling and analytics capability, more new and updated models specifically for Asia Pacific can be rolled out. He elaborates...

Country Profile

Taiwan

  • Magazine article aboutThree-steps-forward-one-step-back

    Three steps forward, one step back

    There is a lot of optimism still for this mature market as 2016 saw good growth from both the life (7.06%) and nonlife (7.23%) sectors. There is also no respite from the onslaught of change and the overly cautious regulations add to the struggle for...

  • Interview with Regulator - A most fruitful year

    Despite 2016 being fraught with challenges, including a volatile global economy and a series of unfortunate disasters at home, Ms Grace Lee, Director General of the Financial Supervisory Commission’s Insurance Bureau says the industry has...

  • Non-life insurance: The best is yet to be

    Taiwan’s non-life insurance sector recorded a remarkable growth of 7.23% in 2016 as most classes of business saw premiums rise. Asia Insurance Review speaks to its key market players for insights into the sector’s performance and key...

Special Feature

CFO

  • Magazine article aboutBusiness-drivers-of-the-future

    Business drivers of the future

    For CFOs to provide clear, concise and timely insights that support business growth while managing the traditional regulatory and compliance roles, they need the right infrastructure and resources. Ms Janine Donelly andMr Phil Gough of EY discuss...

  • Digitalisation disrupts the role of Indian CFOs

    Three CFOs in India talk about their expanding roles in today’s digitally driven environment even as the country’s (re)insurers prepare to go public.

General Insurance

CIO’s Dashboard

  • Magazine article aboutInsurers-need-to-flex-their-muscles-in-a-digital-and-shared-economy

    Insurers need to flex their muscles in a digital and shared economy

    Asia Insurance Review recently co-hosted a breakfast roundtable with DXC Technology where its Chief Technology Officer, Brian Wallace, discussed the theme of “Raising your Digital Insurance IQ” with an audience of regional executives.

  • CIOs and the opportunities ahead

    The responsibilities of CIOs are multiplying but there is a talent void in the cybersecurity industry in Singapore. Mr Cheong Wai Hon of Tokio Marine Life addresses this pertinent challenge.

  • A diverse system environment

    Cyber security is one issue that most often keeps Ms Helen Attenborough of QBE up at night, as the threats and challenges are constantly evolving, especially with the recent WannaCry ransomware attack.

Life & Health

  • Magazine article aboutThe-future-of-healthcare-is-here-now

    The future of healthcare is here now

    Healthcare’s new technological frontiers may be closer than thought, with online medical diagnosis; possible use of genetic data for underwriting; and social robots as companions for the young and elderly, said Asia Insurance Review’s...

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International Health Covers

  • From International health insurance to InsurTech

    The international private medical insurance (IPMI) industry is likely to see more change over the next five years than it has in the past 20. Mr Damian Delaney of Now Health International Group envisions what this digital revolution will be like.

  • Global care

    The number of patients opting to receive overseas medical treatments is growing at an estimated rate of 15% year-on-year. Mr Deepak Gandhi at Pacific Life Re explores this cross-border healthcare trend and how insurers can tap the opportunity.

Insights

Think Tank

  • Magazine article aboutThe-need-for-insurance-to-address-flood-risk-in-Asia

    The need for insurance to address flood risk in Asia

    Dr Kai-Uwe Schanz from The Geneva Association and Professor Shaun Wang from Nanyang Business School, share a comprehensive perspective on how to address flooding, arguably one of Asia’s biggest emerging risk exposures.

Spotlight on April Renewals 2017

  • "Disciplined softening"

    Mr Jong-Gyu Won of Korean Re gives an overview of the April 2017 renewals in Japan, North America and India, highlighting the pressures on prices as reinsurance capacity remains affordable.

View from India

  • Moving towards RBC

    India has not adopted RBC yet. Mr Sonjai Kumar of Aviva Life Insurance Company India says the many steps taken by the regulator in the last few years shows that they are heading towards introducing an RBC framework in the country soon.

News

Asian

Diary

People on the move