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Asia tag returned 573 results

  • Asia: Region has most major shipping incidents over last decade

    Large shipping losses have declined by more than a third (38%) globally over the past decade, according to Allianz Global Corporate & Specialty SE's (AGCS) Safety & Shipping Review 2018, with this downward trend continuing in 2017. Yet, incidents in the South China, Indochina, Indonesia and Philippine maritime region rose by 25% in the past year and the region was the Number One area worldwide for major shipping incidents for the past decade leading it to be dubbed the "new Bermuda Triangle" by some media commentators.

    Asia | 20 Jul 2018
  • 2021 countdown underway: Insurers prepare for IFRS 17 implementation'

    This report is the third in a series written by the Economist Intelligence Unit on behalf of Deloitte. It tracks the global insurance industry's progression towards the adoption of IFRS 17. Findings of this latest research are based on the responses of 340 insurance executives from global insurers, located across the UK, US, Canada, Italy, Germany, France, Japan, Switzerland, Spain, China, South Korea, and the Netherlands.

    AIRPlus | 19 Jul 2018
  • China is biggest influencer of global premium growth

    China will represent the most significant factor in insurance growth in the coming years though profitability will remain under pressure as long as interest rates remain low, Swiss Re said in its latest sigma report.

    AIRPlus | 19 Jul 2018
  • Asia sees rising demand for M&A insurance cover

    In times of economic uncertainty, it is common for buyers to seek greater financial protection. For M&A deals outside of the US, the average limit of insurance (as a percentage of the enterprise value (EV)) rose by 16% in 2016 compared to the previous year, said JLT Specialty in its 2017 Global M&A Insurance Index.

    AIRPlus | 19 Jul 2018
  • Tech partnerships remain a priority for (re)insurers

    (Re)insurers continue to prioritise investing in technologies with potential applications to their core reinsurance business, according to Willis Towers Watson's (WTW) latest edition of its Quarterly InsurTech Briefing.

    AIRPlus | 18 Jul 2018
  • Global: 1.1bn people globally face immediate risks from lack of access to cooling

    Over 1.1bn people globally face immediate risks from lack of access to cooling, a process which underpins escaping poverty, staying healthy, keeping vaccines stable, food nutritious and economies productive, according to a new report issued Monday. And of the nine countries with the biggest populations facing significant cooling risks, five are from Asia.

    Asia Risk | 18 Jul 2018
  • Asia: Region's ILS mart to grow as protection gap widens

    Asia is poised to be the next frontier for the growth of insurance linked securities (ILS) as ILS funds continue to diversify their investment portfolios, according to Ms Jacqueline Loh, deputy managing director of MAS at the Artemis ILS Asia 2018 Conference on 12 July.

    Asia | 17 Jul 2018
  • Asia: Consumers more confident in retirement prospects than US counterparts

    Sixty-nine percent of consumers in Asia expressed confidence in being able to retire and live the lifestyle they wanted, while only 50% of American consumers had that level of confidence, according to LIMRA Secure Retirement Institute (LIMRA SRI) which recently compared consumers' retirement readiness in Asia and the US.

    Agents | 16 Jul 2018
  • Keeping your promises (Mandarin video)

    Remember the day you made up your mind to enter the insurance industry? What were the promises you made?

    Agents | 13 Jul 2018
  • Increasing longevity, reduction in government benefits call for revamp of 'social contract'

    Rising longevity and population aging are top among global megatrends that are placing a growing financial strain on social security safety nets, as well as workplace benefits such as defined benefit retirement plans. Livelihoods have been changed with technology advancements and flexible labour markets have rendered the job-for-life notion almost obsolete.

    AIRPlus | 12 Jul 2018


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