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  • Only 42% of 1H2019 estimated losses from disasters were insured, says Swiss Re

    With global economic losses from Nat CAT and man-made disasters in the first half of this year amounting to $44bn, only about $19bn or 42% of these losses were insured as several large-scale disaster events occurred in areas with low insurance penetration according to Swiss Re Institute's preliminary sigma estimates.

    Asia | 16 Aug 2019
  • This insurance giant is set to split by this year

    This insurance giant delivered Asia-led growth in the first half of 2019. It is also set to complete its demerger in the fourth quarter of 2019 and preparations are complete for its move to Group-wide supervision by the Hong Kong Insurance Authority.

    Agents | 15 Aug 2019
  • Building on the blueprint

    The announcement of Lloyd's blueprint for its future strategy is highly anticipated, as the world's oldest insurance markets prepares to reimagine and transform itself. The impetus of the blueprint came as a response to customers' changing needs, now moving at a faster pace than ever before.

    AIRPlus | 14 Aug 2019
  • Climate change is increasing turbulence on flights

    Climate change will increase severe turbulence on flights, especially on the trans-Atlantic flights. According to a new study, 'Increased shear in the North Atlantic upper-level jet stream over the past four decades', published in the journal Nature, there is a statistically significant increase in vertical wind shear at jet-stream altitudes across the North Atlantic. Changes here can have a significant influence on aviation, since nearly 3,000 flights cross the Atlantic on an average day.

    Asia Risk | 14 Aug 2019
  • (Re)insurance to look at governments and capital markets to boost cyber risk capacity

    Rating agency Standard & Poor's says it is inevitable that insurance and reinsurance firms will look to both the government and capital markets to help in boosting available cyber risk capacity. It says that if a prudent approach to underwriting and accumulation management isn't followed, the economic loss potential associated with cyber risks will be enormous.

    Asia Risk | 14 Aug 2019
  • Dietary changes with focus on plant-based foods must to arrest climate change

    A United Nations (UN) report on effects of climate change says dietary changes, featuring plant-based foods and sustainable animal-sourced food, could free up land and cut emissions. It says global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity.

    Asia Risk | 14 Aug 2019
  • Major flaw discovered in iOS devices

    Security researchers have discovered a flaw that would allow databases to become compromised and inflict malicious code on devices running iOS, Android, and more.

    Asia Risk | 14 Aug 2019
  • World: More consolidation to come for global reinsurers - S&P Global Ratings

    Reinsurers' merger and acquisition (M&A) activity is still a hot topic, particularly because some players are posting subpar shareholder returns due to cost inefficiency, margin pressure, and still-excess capacity, says S&P Global Ratings.

    Asia | 14 Aug 2019
  • 1H2019 Results: 19% growth in half-year profit for Hannover Re

    German reinsurer Hannover Re reported a successful first half-year both in property and casualty (P&C) reinsurance as well as in life and health (L&H) reinsurance with group net income seeing a significant 19.3% increase to EUR662.5m ($741.4m) compared to the previous year's equivalent period. At the same time, its gross written surged by 17.1% to EUR11.7bn and net premium earned climbed by 12.1% to EUR9.4bn (unadjusted for exchange rate effects).

    Asia | 13 Aug 2019
  • What to do if a prospect has negative perceptions of your company or products and services?

    Neuro-Persuasion Expert Tylus Lim from Jensen Siaw International shares how to reframe a prospect's mind to focus on the positives and the strengths of your products and services in this Jensen Siaw International X Asia Advisers Network collaboration.

    Agents | 12 Aug 2019

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