Magazine

Nov 2017

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

Forging new partnerships

COVER STORY - Reinsurance in Asia

Reinsurance comes into sharp focus this month as the Singapore International Reinsurance Conference (SIRC) comes to town with the theme: New Partnerships in Reinsurance. With the event dubbed the Monte Carlo Rendez-vous of Asia, attracting nearly 1,000 delegates, our Cover Story provides a take on the Asian perspective of the reinsurance market.
 

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Dragon in fiery heights

COUNTRY PROFILE - China

China’s insurance mart expanded by 27.5% to CNY3.09 trillion in 2016, and a 20.45% y-o-y growth in the first eight months of 2017 to CNY2.77 trillion. Changes though are brewing in the insurance industry. Aside from embracing global...

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Interview with a Regulator: Supporting economic growth and protecting policyholders

SPECIAL FEATURE - IAIS

As a curtain raiser to this month’s IAIS Annual Conference in Kuala Lumpur, we present an exclusive interview with Mr Hiroshi Ota, a leading Asian regulator as Deputy Commissioner for International Affairs, Japan’s Financial Services...

Featured Articles


All Stories

  • Magazine article aboutEditor-s-Message

    Editor's Message

    “Deep in November it is good to remember”, so the line goes. But for many in the North, November is so depressing with cold wet days and shorter daylight. And this year, with the non-stop hurricane and typhoon landfall and...

Cover Story

Reinsurance in Asia

  • Magazine article aboutForging-new-partnerships

    Forging new partnerships

    Reinsurance comes into sharp focus this month as the Singapore International Reinsurance Conference (SIRC) comes to town with the theme: New Partnerships in Reinsurance. With the event dubbed the Monte Carlo Rendez-vous of Asia, attracting nearly...

    Buy Now

  • Reinsurance: Miles to go but on the right track

    With Asia being the one region in the world with the most growth opportunities, reinsurers and RI brokers have a collective duty to do more, not less, to nurture the potential of the region. Using innovative digital technology, be it for new...

  • Recent catastrophes reveal cracks in reinsurance

    Hurricanes Harvey, Irma and Maria and the earthquake in Mexico have shown that the narrowing profit margins of non-CAT reinsurance lines are not sustainable.Mr Rene Lamer, Chief Executive, Singapore Branch of Sompo International, elaborates.

Interviews

Guest Editorial

General Insurance

Marine

  • Magazine article aboutMarine-weathers-the-storm

    Marine weathers the storm

    With our Marine Insurance Conference in Hong Kong this month, we take stock of what IUMI achieved in Tokyo in September. Amidst numerous challenges, marine insurers are still hopeful with technology having a huge impact.

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Political Risks & Trade credit

  • Supporting the region's growth opportunities

    Infrastructure development across Asia will remain a major focus of global capital over the next five years. As a political risk and trade credit insurer, Beazley can play a part in helping to support the deployment of capital to economically...

  • Insuring foreign direct investment

    Even though the political risks & trade credit insurance is growing in Asia, Mr Alexander Holcroft of Markel says the product is still under-penetrated in the region and insurers need to work closer with clients to ensure their needs are met.

Life & Health

PIC Curtain raiser

  • Magazine article aboutBeyond-the-core-How-insurers-of-the-future-can-win-with-ecosystems

    Beyond the core: How insurers of the future can win with ecosystems

    The 28th Pacific Insurance Conference takes place in Hong Kong this month with the theme “Our World from the Outside In”. With enormous advances driving innovation and commerce around the world, the industry’s mindset should be...

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  • Evolving to stay relevant

    Mr Joseph Kwok of Financial Planning Association of Singapore (FPAS) looks at the need for financial planners to stay relevant as customers become more tech savvy and sophisticated in their protection planning needs.

Strategic role of life reinsurers

  • The life reinsurance evolution

    Ms Navarat Kriausakul of Pacific Life Re Asia explores how reinsurers are increasing their value-add to the insurance value chain by taking advantage of their comprehensive understanding of risks, and adopting a positive attitude towards innovation.

Country Profile

China

  • Magazine article aboutDragon-in-fiery-heights

    Dragon in fiery heights

    China’s insurance mart expanded by 27.5% to CNY3.09 trillion in 2016, and a 20.45% y-o-y growth in the first eight months of 2017 to CNY2.77 trillion. Changes though are brewing in the insurance industry. Aside from embracing global...

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  • Insurance behemoth rolls with the times

    Chinese giant Ping An Group is synonymous with innovation and progress in the industry. In this exclusive, Executive Vice President and Chief Insurance Business Officer Lee Yuansiong shares tips on blazing the innovation trail.

  • Protecting the world's second largest insurance market

    Fast-growing economy, digital economy, sharing economy, China has them all. Mr Eric Gao of Lloyd’s Insurance Company (China) Limited gives an overview and their outlook of this dynamic market.

Going Digital

Insights

Think Tank

View from India

  • Indian Insurance: Promote prevention

    To tackle the rising threat of natural ‘urban’ catastrophes and ensure that the gains made by the fast developing Indian insurance industry are not wasted, it needs to promote a culture of loss prevention.

Investments

News

Asian

People on the move

Diary

Special Feature

IAIS

  • Magazine article aboutInterview-with-a-Regulator-Supporting-economic-growth-and-protecting-policyholders

    Interview with a Regulator: Supporting economic growth and protecting policyholders

    As a curtain raiser to this month’s IAIS Annual Conference in Kuala Lumpur, we present an exclusive interview with Mr Hiroshi Ota, a leading Asian regulator as Deputy Commissioner for International Affairs, Japan’s Financial Services...

  • Forward-thinking regulations

    With the IAIS congregating in Malaysia this month for its annual conference, regulators, among other things, are looking to stay ahead of the FinTech game as well as equip themselves to not only manage risk but be on top of crisis situations.

ASEAN Focus

AIR+ (New)

  • Magazine article aboutInsurTech-Fever-Hits-Japan

    InsurTech Fever Hits Japan

    There is plenty of room for new and disruptive tech in Japan’s insurance industry, particularly in the health space, as the market grapples with a rapidly ageing population and a rising trend of obesity. The InsurTech Japan Roadshow, organised...

  • Innovation in insurance: Are we doing enough?

    Innovation is considered the only insurance against irrelevance. Yet, the insurance industry appears to be taking its time with innovation, while other industries – from transportation to retail – have been moving full steam ahead. Are...

  • InsurTech: Hype or Substance?

    Whether InsurTech is hype or substance remains to be seen. Particularly in Asia, the value that disruptors bring largely depends on the respective markets’ needs, says Mr Stephen Goldstein, Country Director of US Pivot Ventures, on the...

East Asian Insurance Day

Company Profile

  • Magazine article aboutA-new-breed

    A new breed

    Formed in 2008, TigerRisk Partners, a privately-held risk, capital and strategic adviser to the insurance and reinsurance industries, has gone beyond the traditional reinsurance realm, by providing specialised services and new innovative products.