Magazine

Jul 2017

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

The Executive view of general insurance in Asia: It's happening. Belt up for bigger changes

COVER STORY - General Insurance Roundtable

The growth lure of Asia, cyber panic, disruptive forces and technology-driven innovation and the need to spur risk management awareness were some of the hot issues at Asia Insurance Review’s Executive Roundtable on general insurance. Held in Singapore, it offers a regional perspective of the issues in-volved in the lead up to the IIS’ Global Insurance Forum this month.
 


A new chapter with new IA

COUNTRY PROFILE - Hong Kong

Hong Kong enters a new chapter in insurance with the Insurance Authority coming into force on 26 June. Already dynamic and sophisticated, the outlook for the market is highly positive as industry play-ers count on Hong Kong’s ties with the...

Deloitte: An insurer's journey

INSIGHTS - IFRS 17

On 18 May 2017, the International Accounting Standards Board (IASB) issued IFRS 17: Insurance Contracts, a long awaited standard for insurers. Mr Raj Juta from Deloitte gives an in-depth view of this new insurance contracts standard which will be...

Featured Articles


All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    It is July and the Global Insurance Forum always adds an extra fillip to the insurance industry. But this year, the mood in London is so sombre, says even the Queen. What rabbits can we draw at the GIF to give the global insurance industry the oomph...

Cover Story

General Insurance Roundtable

Interviews

Guest Editorial

General Insurance

Windstorms and Floods

  • Magazine article aboutWindstorms-A-shifting-threat-

    Windstorms - A shifting threat?

    Research shows that tropical storms from the Pacific Ocean may be shifting further north, and that the storms of the future that make landfall could be even stronger and more devastating. Mr Markus Stowasser of Allianz Re elaborates.

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  • Managing flood risks and sustainable development go hand in hand

    Floods in China continue to be a regular occurrence. Dr Wolfgang Kron of Munich Re discusses the flood situations there and looks at the need for sustainable development of cities as crucial to manag-ing flood risks.

Supply Chain Financing

  • What's in it for me: Receivables financing

    Mr Gordon Cessford of Euler Hermes talks about receivables financing with the insurance market seen as being perfectly positioned to offer innovative products that transfer the underlying credit risk and facilitate flexible financing solutions.

Life & Health

  • Magazine article aboutMaking-InsurTech-work-for-Life-Health-insurance

    Making InsurTech work for Life & Health insurance

    Mr Yannick Even of Swiss Re discusses the impact InsurTech has on the industry with the focus shifting from merely helping insurers operate more cost-efficiently to integrating the right technology to enable the insurer to createbetter engagement...

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Country Profile

Hong Kong

  • Magazine article aboutA-new-chapter-with-new-IA

    A new chapter with new IA

    Hong Kong enters a new chapter in insurance with the Insurance Authority coming into force on 26 June. Already dynamic and sophisticated, the outlook for the market is highly positive as industry play-ers count on Hong Kong’s ties with the...

  • Interview with Regulator: An old hand to lead the path for IA's new mandate

    Hong Kong’s new insurance regulator, the Insurance Authority (IA), took over from the Office of the Commissioner of Insurance (OCI) on 26 June 2017. Among the new IA’s additional mandates are facilitating the sustainable development of...

  • Life: Powering to dizzying heights

    The mainland Chinese visitor market drove the boom in the Hong Kong life insurance business last year. Will it continue, given the curbs imposed by the Chinese government to stem capital outflows last year? Market players give Asia Insurance Review...

Going Digital

  • Magazine article aboutAI-Helping-people-become-more-human

    AI: Helping people become more human

    Some have viewed companies’ adoption of artificial intelligence (AI) with reluctance, suspicion and fear of being displaced. But software startup Flamingo says the use of AI can make humans more hu-man with its efficiency outcome.

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Insights

View from India

  • Magazine article aboutInsurance-investments-Ethics-or-profits-

    Insurance investments - Ethics or profits?

    Profit is usually the sole purpose of investment. However, should investment instead be ethical and socially responsible? Should insurance companies, especially public sector companies, keep away from investing in tobacco companies, even at the cost...

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Regulation Focus

  • RegTech: The financial industry's new best friend?

    RegTech has become one of the key areas to watch in 2017. This trend will continue in the months ahead, especially as insurers continue to discover its benefits, says Mr Henri Arslanian from PwC who highlights the five things you need to know about...

  • Regulatory updates

    PwC brings you a roundup of key regulatory activities around the region in the recent few months.

News

Asian

People on the move

Diary

AIR+ (New)

  • Magazine article aboutBreathing-new-life-into-Singapore-s-insurance-market

    Breathing new life into Singapore's insurance market

    The first local insurer to be licensed in Singapore in nearly 50 years wants to make buying life insurance a more pleasant experience.

  • 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...

  • Disrupting catastrophe modelling

    Risk Spatial founder Nick Hassam says Open Modelling and Big Data can disrupt the catastrophe modelling process – but who will implement it? founder Nick Hassam says Open Modelling and Big Data can disrupt the catastrophe modelling process...