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Indian non-life insurance industry: Performance and potential
The Indian insurance industry has been on a roll for the last 17 years. It is now on a threshold to make the big jump into the super league. Mr R Chandrasekaran of General Insurance Council of India outlines what the non-life insurance industry has achieved over the years and what remains to be tapped.

Source : AIR | 01 Jan 2018
Environmental Insurance in Asia: Regulatory and public scrutiny will drive take up rates
With growing environmental consciousness worldwide, companies need to face up to the potential pollution impacts of their business activities on their surroundings and protect themselves from potential liabilities. We spoke with Mr Arthur Lu, Allianz Global Corporate & Specialty’s (AGCS) Head of Environmental Impairment Liability (EIL) on how this trend is shaping up in Asia.

Source : AIR | 01 Oct 2017
SMEs still mostly an emerging business for insurers
SMEs, still uninsured or underinsured, and with minimal or little risk management strategies, are unaware of how precarious their survival is should the next big risk come along.

Source : AIR | 01 Oct 2017
Modelling more man-made risk
AIR Worldwide’s President Bill Churney discusses the advances made in casualty and cyber modelling.

Source : AIR | 01 Oct 2017
Regulatory changes the way of non-life
China’s non-life insurance industry has traditionally been underpinned by motor insurance, but that is changing. We spoke to Mr Qin Lu, CEO for both Aon Benfield Greater China and Aon Risk Solutions, China at the recent Rendez-vous de Septembre for his perspective on the industry’s new growth opportunities and the impact of regulatory developments on the mainland.

Source : AIR | 01 Nov 2017
When honchos scurry for cover
Directors and officers of companies run the risk of making difficult and complex decisions about how to run their businesses, often with little information at hand. Mr Alexander Blom of AIG explains why D&O insurance is increasingly becoming a priority in boardrooms across the region.

Source : MEIR | 01 Nov 2017
The conundrum of awareness and claims
The rise in awareness, coupled with difficult economic conditions, will see an increased appetite for professional indemnity cover and claims. But Mr David Summers of Cunningham Lindsey explores why the increased awareness is not reflected in the timely presentation of claims.

Source : MEIR | 01 Nov 2017
Turkey: MTPL insurance losses to exceed $500 mln
Expected losses in motor mandatory third-party liability (MTPL) insurance will still exceed TRY2 billion (US$548.9 million) for the year despite steps taken by the government to improve the business, including setting up a high-risk auto insurance pool.

Source : MEIR | 01 Nov 2017
Heightened consumer awareness a boost for product liability insurance
Asian companies tend to be reactive than proactive when it comes to product liability risks. Mr Gary Ow of HDI Global SE, Singapore, gives an overview of this insurance in Asia today.

Source : AIR | 01 Dec 2017
South Korea: Local insurers to play bigger role in corporate plans
The domestic insurance market is expected to continue to play an increasingly important role in large corporate insurance programmes, says Aon in its annual Asia Market Review.

Source : AIR | 01 Mar 2018
Malaysia: Non-life market to see continued subdued growth
The general insurance sector has continued to be resilient in 2017, posting a 0.1% decrease in GWP to MYR17.65 billion (US$4.5 billion) for 2017, helped by positive growth in the second half of the year.

Source : AIR | 01 Mar 2018
Malaysia: Online system allows bosses to buy worker insurance easily
Employers in Malaysia can now purchase insurance for foreign workers via a new online integrated system.

Source : AIR | 01 Jun 2018
Blurred lines: Cyber insurance and the risks that come with it
Cyber risks are everywhere as the world becomes more digitalised. Ms Cecilia Chang of GC&C Asia says while traditional policies may cover some cyber risks, there are serious gaps in that cover. A comprehensive cyber insurance solution is needed in such cases.

Source : AIR | 01 Jul 2017
Malaysia: More than 55% of firms lack business liability cover
Less than half (45%) of Malaysian small and medium-sized enterprises and large companies currently have business liability cover although 64% of businesses are aware of it, according to a survey by Australia’s QBE Insurance Group.

Source : AIR | 01 Aug 2017
Phillppines: Some insurers exposed to public school loans
Salary loans to public school teachers has become a social issue, and four or five insurance companies have exposures in such loans, according to the insurance commissioner, Mr Dennis Funa.

Source : AIR | 01 Sep 2018

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