Yusun Jeong, Credit Analyst, Kyobo Life Insurance Company
Haotian Wu, Senior Manager, Aviva Asia
Carmony Wong, Senior Vice President, Head of Hong Kong and High Net Worth, RGA
Hui Yen Tai, Regional Director, Head of Analytics - Asia Pacific, Willis Re, Singapore
How similar, or dissimilar, are the principles? What are the parallels, if any? Why do I, as a general consumer, approach them rather differently? The investments industry continues to challenge consumers with exotic products and solutions that stretch the comprehension of risk-return – yet (re-)insurance is arguably stagnated as a commodity most would rather move on from?
Mohit Rochlani, Director of Operations, IT and Change Management, IndiaFirst Life Insurance
Customers are moving towards self buying, service options increased call centre, whatsapp, portals, mobile apps, and communication though mail, SMS, Twitter. The future looks to bring edge computing, sale through embedded products, blockchain for smart contract management, AI for real time intervention and monitoring, intervening using IoT.
Tina Zink Pernie, Chief Operating Officer, CLM
In 2018, natural catastrophes wreaked havoc around the world. Windstorms caused massive losses in the United States, Japan and the Philippines. Droughts hit the United States and Europe, and unusually large wildfires caused devastation in California. Experts have suggested that at least a portion of the world’s global catastrophes in 2018 can be attributed to climate change.
Anuj Jaithalia, Regional M&A and Strategy, Asia – Assicurazioni Generali SpA
Evolution of digital technologies continue to reshape our lives, changing people’s behaviour and habits. The rise of digital ecosystem is delivering a connected customer experience and driving higher expectations for convenience, accessibility and value.
Ayodele Iyun, Head Business Development, Custodian Investment Plc.
The Nigerian insurance industry like most African countries is largely underdeveloped, and insurance penetration levels are very low by global standards. More so there is significant shortfall in promoting and developing the Personal lines insurance sector thereby leading to low (less than 20%) contribution in premium pooled from the country.
Quentin Coolen, Co-Founder, Waffle Labs
How the heck did I get here? A human rights lawyer by training, I spent most of my career in diplomacy – advising politicians and Nobel laureates, writing their speeches and negotiating international agreements between United Nations (UN) Member States.
Lawrence Cheng, Managing Director, Peak Re, Hong Kong
ILS (insurance linked securities) are continuing to break records and are becoming the mainstream capital provider for property catastrophe (re)insurance. According to Aon Securities, the ILS market has grown from US$ 17bn in 2006 to US$ 97bn in 2018 representing 16% of the total reinsurance capital. The four most common form of ILS, Cat Bonds, Sidcars, ILW and Collaterlised Re have all grown over the years.