Magazine

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

All Stories

Risk Features

Cover Story - Earth, Wind & Fire: Typhoon Risks In Asia Amidst A Changing Climate


Mr Thomas Thumerer, Munich Re Hong Kong’s Expert for Storm & Flood, summarises the recent scientific findings on global warming and typhoon hazard, highlighting its significance for the Western Pacific region with special reference to Asian markets, and ...

Cover Story - Earth, Wind & Fire: Japan To Introduce Premium Tax Deduction System For Earthquake Insurance On Dwelling Risks


When introduced, the new premium tax deduction system for Earthquake Insurance on Dwelling Risks is expected to increase the ownership of earthquake insurance policies because paid premiums will now be tax-deductible, thus enabling the policyholders to prepare for...

Cover Story - Earth, Wind & Fire: Managing Natural Hazard Risks In China


Mr Peter Zimmerli, Natural Hazards Expert, Swiss Re Asia, looks at catastrophe exposures in China, a market that has undergone impressive development and economic growth in recent years, but one that remains relatively underinsured from natural disasters.

Spotlight On Branding - Brand Management: Risk Management Of Brand Integrity


Mr Praveen Gupta, FCII, General Manger, Bajaj Allianz General Insurance in India, gives a personal assessment of the value of risk management of brands in the wider business scene.

Others

Cover Story - Earth, Wind & Fire: Lessons From Catastrophes In 2005


In an assessment of the catastrophes in 2005, Dr Nicolas Georgy, Underwriter, at PartnerRe, Zurich, draws on some lessons for the industry and calls for greater attention to exposure control and increased disclosure and transparency between insurers and their...

Cover Story - Earth, Wind & Fire: Earthquake Accumulation Control In Japan


Japan is one of the countries in the world where natural disasters occur most frequently. Mr Hiroshi Fukushima, Managing Director of Toa Re, looks at the earthquake exposures and how the industry is coping.

Profile on India - Gearing Up To New Horizons


It has been five years since the insurance sector in India was opened up to private players and the excitement everywhere is palpable. The industry has not only generated new avenues for employment, but also brought about growth in the economy. Insurance companies are...

Profile on India - Interview with a Regulator: IRDA - Focus On Best Practices For Sustainability In Market


In a frank interview with Asia Insurance Review, Mr C S Rao, Chairman of the IRDA, calls for greater attention on rural, social and health insurance, and reveals his target of 5% penetration within five years. He also stresses the importance of ALM for insurers...

Profile On India - Life Insurance Corporation Of India: Building On 50 Years Of Trust


Mr A K Shukla, Chairman, Life Insurance Corporation of India, the country’s largest and oldest life insurer, gives an insight into the Company’s history and future strategies as it celebrates its Golden Jubilee.

Profile On India - National Insurance Company: A Century Old And Still Going Strong


In a market dominated by a few companies, where size and reach are vital, National Insurance Company (NIC) has been able to shrug off its laid-back attitude and move into the top league. The company was founded in the year 1906, and is the oldest existing insurance...

Profile on India - Bajaj Allianz Life Insurance: Building A Household Brand In India


Allianz was among the early entrants into the Indian insurance market post-liberalisation, and it has made rapid strides in the Indian market place to become one of the leading players in both segments. In an interview with Asia Insurance Review, Mr Sam...

Profile on India - Birla Sun Life: Moving Ahead With Innovative Products


In an interview with Asia Insurance Review, Mr Nani Javeri, CEO, Birla Sun Life Insurance Company Limited, a joint venture between Sun Life of Canada and the Birla Group of India, talks about his company’s successful run in India and the future of...

Profile on India - ICICI Lombard: The Leader Continues To Inspire


ICICI Lombard General Insurance Company Limited is the fastest growing and largest private sector general insurer and 5th among all players in India. In an interview with Asia Insurance Review, Mr Sandeep Bakhshi, MD & CEO of the company, tells us how...

Profile on India - IFFCO-Tokio: Gaining Ground In Rural India


Mr Ajit Narain, Managing Director, IFFCO-Tokio General Insurance Company (ITGI), the first JV between an Indian and Japanese partners, shares his experiences in doing business in India and his plans for the company.

Profile on India - Tata-AIG: Strong Commitment To The Indian Market


American International Group Inc (AIG) and joint venture partner Tata Group of India started operations in the Indian insurance market in early 2001, and have since established a strong pan-India footprint in 50 cities with over 100 offices offering a wide range of...

Profile on The Middle East - Uncovering The Gems Of The Middle East


The Middle East isn’t just about spectacular desert landscape, lost cities and oil rich metropolises, it is a bustling insurance hub as well. In this Country Profile on the Middle East, we look at key market developments and opportunities in this region –...

Profile on The Middle East - Positioning Jordan As A Regional Hub For Insurance


In the last decade, Jordan has made significant strides to integrate into the international economy and build a solid base for sustainable economic growth. H E Dr Bassel Hindawi, Director General of the Insurance Commission in Jordan, shares how the Commission ...

Profile on The Middle East - Dubai International Financial Centre: A New Hub For The Insurance Sector


The Dubai International Financial Centre (DIFC), the world’s fastest growing financial hub, received the Industry Initiative of the Year award at The Review – Worldwide Reinsurance Awards held last year in London. A year after its establishment, Mr Shashank ...

Events - Global Takaful Review: Evolving Trends, Opportunities And Challenges


As a curtain raiser to our Takaful Conference in Singapore later this month, Mr Sohail Jaffer, Partner of FWU Group, presents an overview of the global takaful scene, highlighting trends in major takaful markets, as well as its huge potential and what is needed ...

Events - Hannover Re: Providing Retakaful Solutions


In the absence of retakaful companies, takaful companies have used conventional reinsurance as part of their risk-management system, raising concerns that takaful products in the market are not fully Shariah-compliant. Mr Jens Blohm, Managing Director of...

Technical Feature: Runoff – All Talk No Action?


The last few years have seen a greater understanding and acceptance of the runoff market. What is less clear is whether the growth in awareness is matched by an increase in commercial action from “live” and runoff companies. Mr Colin Russell, Head of...

Technical Feature - Routes To Finality


Mr Nick Eddery-Joel, Director of Axiom Consulting Limited in London, and Mr Peter Coates, Chief Executive of Axiom Asia Pacific in Sydney, outline some alternative strategies for the resolution of runoff or discontinued lines of insurance business, to ...

Technical Feature - Taking Control Of Your Runoff


A proactive approach to runoff that makes use of modern tools can be worth millions of dollars and make the difference between loss and profitability, argues Mr Steve Mathews, a Senior Consultant at EMB, one of Europe’s largest non-life actuaries.

Technical Feature - Runoff Business In The Asian Markets


The issue of runoff and commutations in the general insurance markets across Asia is increasingly important as more companies seek efficient solutions to achieve closure on the parts of their business which are no longer active or required. Mr Tony Hobrow, CEO,...

Legal Page - The Recovery Of Settlements Revisited


Previous legal articles in this Barlows column have highlighted the obstacles that can be faced when insureds recover third-party settlements from their insurers and, by analogy, when reinsurers recover commutations from their reinsurers. Mr Ed Stanley, Partner,...

IT In Insurance - Using Speech Recognition To Improve Customer Service


Mr Phillip Small, a Consultant specialising in IT in the insurance industry, shares how the insurance industry is increasingly embracing speech recognition to enhance customer service.

Spotlight On Branding - Why Branding Should Be A Priority For Insurers


As a curtain raiser to our Branding and Marketing conference in June, Mr Michael Wilkins, CEO and Managing Director, Promina Group, discusses why branding should be a priority issue for the insurance industry – one that might be suggested by some to be a...

The Geneva Association - A Policy Brief On Private Health Insurance In OECD Countries


In this article, extracted from the Geneva Papers, Ms Francesca Colombo and Ms Nicole Tapay look at trends in private health insurance in OECD countries and at the opportunities and challenges created by these markets. It also depicts useful practices...

Personality - The Wild Wanderer


This month, our Editor Wendy Koh chats with Mr C F Choy, Chief Executive of HSBC Insurance, on his penchant for exploring the roads less travelled.

Others

Cover Story - Earth, Wind & Fire: Lessons From Catastrophes In 2005


In an assessment of the catastrophes in 2005, Dr Nicolas Georgy, Underwriter, at PartnerRe, Zurich, draws on some lessons for the industry and calls for greater attention to exposure control and increased disclosure and transparency between insurers and their...

Cover Story - Earth, Wind & Fire: Earthquake Accumulation Control In Japan


Japan is one of the countries in the world where natural disasters occur most frequently. Mr Hiroshi Fukushima, Managing Director of Toa Re, looks at the earthquake exposures and how the industry is coping.

Profile on India - Gearing Up To New Horizons


It has been five years since the insurance sector in India was opened up to private players and the excitement everywhere is palpable. The industry has not only generated new avenues for employment, but also brought about growth in the economy. Insurance companies are...

Profile on India - Interview with a Regulator: IRDA - Focus On Best Practices For Sustainability In Market


In a frank interview with Asia Insurance Review, Mr C S Rao, Chairman of the IRDA, calls for greater attention on rural, social and health insurance, and reveals his target of 5% penetration within five years. He also stresses the importance of ALM for insurers...

Profile On India - Life Insurance Corporation Of India: Building On 50 Years Of Trust


Mr A K Shukla, Chairman, Life Insurance Corporation of India, the country’s largest and oldest life insurer, gives an insight into the Company’s history and future strategies as it celebrates its Golden Jubilee.

Profile On India - National Insurance Company: A Century Old And Still Going Strong


In a market dominated by a few companies, where size and reach are vital, National Insurance Company (NIC) has been able to shrug off its laid-back attitude and move into the top league. The company was founded in the year 1906, and is the oldest existing insurance...

Profile on India - Bajaj Allianz Life Insurance: Building A Household Brand In India


Allianz was among the early entrants into the Indian insurance market post-liberalisation, and it has made rapid strides in the Indian market place to become one of the leading players in both segments. In an interview with Asia Insurance Review, Mr Sam...

Profile on India - Birla Sun Life: Moving Ahead With Innovative Products


In an interview with Asia Insurance Review, Mr Nani Javeri, CEO, Birla Sun Life Insurance Company Limited, a joint venture between Sun Life of Canada and the Birla Group of India, talks about his company’s successful run in India and the future of...

Profile on India - ICICI Lombard: The Leader Continues To Inspire


ICICI Lombard General Insurance Company Limited is the fastest growing and largest private sector general insurer and 5th among all players in India. In an interview with Asia Insurance Review, Mr Sandeep Bakhshi, MD & CEO of the company, tells us how...

Profile on India - IFFCO-Tokio: Gaining Ground In Rural India


Mr Ajit Narain, Managing Director, IFFCO-Tokio General Insurance Company (ITGI), the first JV between an Indian and Japanese partners, shares his experiences in doing business in India and his plans for the company.

Profile on India - Tata-AIG: Strong Commitment To The Indian Market


American International Group Inc (AIG) and joint venture partner Tata Group of India started operations in the Indian insurance market in early 2001, and have since established a strong pan-India footprint in 50 cities with over 100 offices offering a wide range of...

Profile on The Middle East - Uncovering The Gems Of The Middle East


The Middle East isn’t just about spectacular desert landscape, lost cities and oil rich metropolises, it is a bustling insurance hub as well. In this Country Profile on the Middle East, we look at key market developments and opportunities in this region –...

Profile on The Middle East - Positioning Jordan As A Regional Hub For Insurance


In the last decade, Jordan has made significant strides to integrate into the international economy and build a solid base for sustainable economic growth. H E Dr Bassel Hindawi, Director General of the Insurance Commission in Jordan, shares how the Commission ...

Profile on The Middle East - Dubai International Financial Centre: A New Hub For The Insurance Sector


The Dubai International Financial Centre (DIFC), the world’s fastest growing financial hub, received the Industry Initiative of the Year award at The Review – Worldwide Reinsurance Awards held last year in London. A year after its establishment, Mr Shashank ...

Events - Global Takaful Review: Evolving Trends, Opportunities And Challenges


As a curtain raiser to our Takaful Conference in Singapore later this month, Mr Sohail Jaffer, Partner of FWU Group, presents an overview of the global takaful scene, highlighting trends in major takaful markets, as well as its huge potential and what is needed ...

Events - Hannover Re: Providing Retakaful Solutions


In the absence of retakaful companies, takaful companies have used conventional reinsurance as part of their risk-management system, raising concerns that takaful products in the market are not fully Shariah-compliant. Mr Jens Blohm, Managing Director of...

Technical Feature: Runoff – All Talk No Action?


The last few years have seen a greater understanding and acceptance of the runoff market. What is less clear is whether the growth in awareness is matched by an increase in commercial action from “live” and runoff companies. Mr Colin Russell, Head of...

Technical Feature - Routes To Finality


Mr Nick Eddery-Joel, Director of Axiom Consulting Limited in London, and Mr Peter Coates, Chief Executive of Axiom Asia Pacific in Sydney, outline some alternative strategies for the resolution of runoff or discontinued lines of insurance business, to ...

Technical Feature - Taking Control Of Your Runoff


A proactive approach to runoff that makes use of modern tools can be worth millions of dollars and make the difference between loss and profitability, argues Mr Steve Mathews, a Senior Consultant at EMB, one of Europe’s largest non-life actuaries.

Technical Feature - Runoff Business In The Asian Markets


The issue of runoff and commutations in the general insurance markets across Asia is increasingly important as more companies seek efficient solutions to achieve closure on the parts of their business which are no longer active or required. Mr Tony Hobrow, CEO,...

Legal Page - The Recovery Of Settlements Revisited


Previous legal articles in this Barlows column have highlighted the obstacles that can be faced when insureds recover third-party settlements from their insurers and, by analogy, when reinsurers recover commutations from their reinsurers. Mr Ed Stanley, Partner,...

IT In Insurance - Using Speech Recognition To Improve Customer Service


Mr Phillip Small, a Consultant specialising in IT in the insurance industry, shares how the insurance industry is increasingly embracing speech recognition to enhance customer service.

Spotlight On Branding - Why Branding Should Be A Priority For Insurers


As a curtain raiser to our Branding and Marketing conference in June, Mr Michael Wilkins, CEO and Managing Director, Promina Group, discusses why branding should be a priority issue for the insurance industry – one that might be suggested by some to be a...

The Geneva Association - A Policy Brief On Private Health Insurance In OECD Countries


In this article, extracted from the Geneva Papers, Ms Francesca Colombo and Ms Nicole Tapay look at trends in private health insurance in OECD countries and at the opportunities and challenges created by these markets. It also depicts useful practices...

Personality - The Wild Wanderer


This month, our Editor Wendy Koh chats with Mr C F Choy, Chief Executive of HSBC Insurance, on his penchant for exploring the roads less travelled.