Nicholas Pratt interviews the OECD’s Fianna Jurdant and charts the development of corporate governance across Asia amid a growing recognition of its importance.
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 taking structured risk and insurance management seriously.
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 IMF, explained how a more balanced, inclusive and international approach could unleash Indonesia’s huge economic potential.
Outlook stable for Indonesian insurers as GDP picks up: Fitch.
OJK forges ahead with reinsurance cession rules despite international opposition.
Indonesia needs to step up risk management efforts in energy sector.
Adrian Ladbury, editor of Commercial Risk Asia, interviews Wolfgang Boffo of Munich Re Corporate Insurance Partner about its expansions plans for Asia.
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. This was underlined by the recent news that the company’s Association of Southeast Asian Nations (ASEAN) and Australasian operating units would work closer together to help meet regional and international customers’ needs under the combined leadership of Stefan Feldmann, regional head ASEAN and Australasia at HDI Global SE, and managing director of HDI Global SE Australia. Commercial Risk Asia editor Adrian Ladbury asked Mr Feldmann about the thinking behind the changes and how HDI plans to expand in the ASEAN region.
Seraina Maag is the new ultimate boss of AIG’s Asia Pacific business as she takes on an expanded role as chief executive officer (CEO) of regional management and operations.
The economic outlook for Asia is moderate growth and mild inflationary pressure; interest rates will stay low but there is limited room for further easing and exchange rate volatility will rise amid US Federal Reserve hiking.