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Asia
Parima board member urges corporate insurers to uplift technology investment
Corporate insurance buyers fear they are being left out of the technology innovations being introduced by the insurance industry for the personal lines market and a big opportunity for innovation…
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Foreign insurers nervously await OJK ownership cap decision
The ability of international insurance and reinsurance companies to further expand their activities in the potentially massive Indonesian insurance market remains uncertain as the market awaits a decision that will…
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Asia
Sky high capacity will fuel another comfy year for Asian insurance managers: Aon
Corporate insurance managers across the Asia-Pacific region can look forward to another year of soft and competitive insurance rates, terms and conditions according to Aon’s latest Asian market report.
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HK regulator calls for greater technology spending
Hong Kong’s insurance regulator has called on the industry to increase its investment in technology. Data analytics, psychometric testing and digital distribution can all be applied to the insurance industry…
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Insurance chiefs promote the case for technology in insurance
Technology and the growth of ‘big data’ will have a profound effect on the insurance industry and the products it provides, according to insurance chiefs speaking at an event in…
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Asia
Australian insurers focus on discipline and costs in tough market conditions
Leading Australian and Asia-Pacific corporate insurers QBE and Insurance Australia Group (IAG) both announced solid-at-best results this month and told investors of further cost cuts in what remains a tough…
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Asia
Aon predicts rising demand for captives among Asian risk managers
Asian risk and insurance managers will increasingly look to captive insurance companies as an essential tool for the management and transfer of their corporate risks in 2016 despite the continued…
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Asia
Australian terror pool renews retrocession and cuts retention
The Australian terrorism reinsurer, the Australian Reinsurance Pool Corporation (ARPC), has renewed its retrocession programme for the 2016 calendar year.
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Asia
Philippines outlook favourable but downside risks remain: IMF
The International Monetary Fund (IMF) has just completed a staff visit to the Philippines and concluded that the economic outlook is favourable but subject to increased downside risks, including lower…
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Asia
Asian cyber market ready for lift-off as risk managers wake up to risk
The asian cyber risk insurance market will take off in 2016 as companies and risk managers in the region wake up to the fact it is a risk that has…
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Asia
Time for an industry response to technology challenge—but make sure it’s driven by risk managers
Parima secretary general Steve Tunstall made a valid point about the need for corporate insurers and brokers to invest in technology for corporate customers, as well as their mass personal…
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Asia
Ignore supply chain risk management at your peril
Parima recently held a seminar in Hong Kong, entitled ‘Managing Supply Chain Risk & The Tender Process’. One of the participants, Craig Paterson, regional director for JLT Asia’s Risk Consulting…
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Asia
Asia embraces corporate governance
Nicholas Pratt interviews the OECD’s Fianna Jurdant and charts the development of corporate governance across Asia amid a growing recognition of its importance.
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Asia
Indonesia viewpoint: Bernado Mochtar, Parima
Bernado Mochtar is Parima’s representative in Indonesia and a big fan of enterprise risk management. He explains to Adrian Ladbury that the time is ripe for Indonesian business to start…
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Asia
Indonesia country focus: Macro outlook
The Indonesian economy has faltered in recent times, particularly as it remains heavily dependent on extractive industries. In a recent speech given in Jakarta, Christine Lagarde, managing director of the…
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Asia
Indonesia country focus: Ratings
Outlook stable for Indonesian insurers as GDP picks up: Fitch.
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Asia
Indonesia country focus: Insurance market
OJK forges ahead with reinsurance cession rules despite international opposition.
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Asia
Indonesia country focus: Energy risk
Indonesia needs to step up risk management efforts in energy sector.
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Asia
Hot seat: Wolfgang Boffo, Munich Re Corporate Insurance Partner
Adrian Ladbury, editor of Commercial Risk Asia, interviews Wolfgang Boffo of Munich Re Corporate Insurance Partner about its expansions plans for Asia.
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Asia
Birth of a super-region: Stefan Feldmann–HDI
HDI Gerling formally became HDI Global SE this year and the Germany-based industrial insurance group is serious about the Asia-Pacific market as a key part of its international growth strategy.…