Latest Industry Sectors Articles
The insurance sector is undergoing significant changes globally, and Asia is no exception. A wave of regulatory changes is sweeping across most Asian markets, focused on two common themes: promotion of a sound insurance system to protect policyholders, and ensuring a strong risk management framework among insurers.
The chief executive of the International Underwriting Association (IUA) - a membership organisation for authorised international insurance and reinsurance businesses operating in or through London - looks at how the risks of the future could develop and how the insurance industry might respond.
Centralisation, simplification and automation are the three major driving forces for transforming the sector and enabling it to respond to opportunities.
Banks are starting to move toward a more holistic advisory approach to working with treasury management clients, an approach driven by advances in technology and the anticipation of a new generation of technology-savvy financial professionals that is sure to demand it.