Willis Towers Watson: 2019 Asia Market Report
March 19 2019
As a result of technology enhancements and increasing political and economic uncertainty, this report outlines the urgent need for insurance buyers to go beyond traditional brokerage services, including assessment, transfer, placement and claims.
The global broker argues risk engineering should be present at all stages of the purchasing process, with data and analytics being used to inform conversations with companies to help them look beyond current risks, allowing businesses to take a more strategic approach to insurance.
The Asia Market Report was compiled from Willis Towers Watson data across its corporate risk and broking business in the Asian region. Produced annually, it highlights the key trends that are shaping the insurance marketplace across industry lines of business and looks ahead to how the market will develop in 2019.
This includes examining the following markets: P&C, marine, construction, terrorism, natural resources, aviation, financial lines and captives; in addition to several market reviews.
-
QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
-
Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
-
Peak Re: Emerging Asia’s life and health opportunity
- March 11
Life and health premium growth is expected to outpace GDP gains in eight Asian markets.
-
Willis Re: Examining losses from 2018’s natural disasters
- January 24
Insights into the impact of an active global natural catastrophe year on economic and insured losses.
-
Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
-
Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
-
Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
-
WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
