The Global Insurance Forum took place last week in Singapore, with the theme "Insurance Reimagined: Global issues - Asian insights". We talked to dacadoo founder and CEO Peter Ohnemus on what the wider insurance industry can learn from Asian insurers.
The Global Insurance Forum took place last week in Singapore, with the theme "Insurance Reimagined: Global issues - Asian insights". We talked to Aviva Singapore CEO Nishit Majmudar on the most pressing issues that insurers need to tackle.
The Global Insurance Forum took place last week in Singapore, with the theme "Insurance Reimagined: Global issues - Asian insights". We talked to Peak Re CEO Franz-Josef Hahn on what the wider insurance industry can learn from Asian insurers.
Speaking at the Global Insurance Forum last week, Cambridge Mobile Telematics director of corporate and strategic development Mohsin Rashid said that the telematics data it has collected revealed interesting insights on driver behaviour and causes of motor accidents.
Walk before you run if you want to underwrite cyber, said Distinction.Global co-founder and partner Peter Hacker, during his special cyber security address at the Global Insurance Forum last week. Beyond the concerns of silent cyber and the still undefined risks of cyber terrorism and cyber warfare, insurers also have to wait and see how regulators will approach these new threats.
Singapore's Senior Minister and Coordinating Minister for Social Policies Tharman Shanmugaratnam is set to address the insurance industry at the Global Insurance Forum held in Singapore from 18 to 21 June 2019. Mr Tharman, who is also the Chairman of the Monetary Authority of Singapore, will be delivering the keynote address at the event.
LeapFrog Investments founder and CEO Dr Andrew Kuper was honoured with the 2018 John S. Bickley Founder's Award Gold Medal for Excellence at the recent Global Insurance Forum in Berlin, hosted by the International Insurance Society (IIS) and The Institutes. Dr Kuper, who received a standing ovation, was lauded for his pioneering work in profit with purpose investment and for opening new investment channels aimed at closing protection gaps and serving to build economic security.
In a first in IIS history, an environmental organisation has taken to the stage to speak on the value of nature in the insurance and risk management industry. "Natural structures such as coral reefs in Mexico and mangroves in Asia act as a buffer and dampener against coastal catastrophes, so their value in reducing risk is evident," said Mr Mark Tercek, President and CEO of The Nature Conservancy (TNC).
Insurers have to be agile and ready to co-create with those from outside the industry as part of the new digital-led insurance ecosystem, said speakers at yesterday's panel on developed market dynamics.
China's fledgeling industry requires up to $27 billion yuan to boost capitalisation and bring its capitalisation to more acceptable levels, according to estimates by Standard & Poor's.