With the news that Asia Capital Reinsurance Group is now in run-off, we look at some of the challenges facing Asian reinsurers and how they can reclaim lost ground.

Digital innovation spells an opportunity for insurers to re-express the essence of the industry as the ultimate community tool that facilitates the management and sharing of risks. Archived articles are available to Magazine subscribers only. If you are already a subscriber OR sign-up for a trial access here

Tropical cyclones once again caused billions of dollars in damage across the globe in 2018, with the high number of typhoons that hit Japan and the two hurricane strikes in the US being of particular note.

Berkshire Hathaway Specialty Insurance Company (BHSI) recently withdrew from the Hong Kong Employees' Compensation (EC) terrorism pool effective 1 December, 2018. Thus, it becomes the first insurer in Hong Kong to provide EC terrorism coverage to customers directly.

Bowtie Life Insurance has been granted Hong Kong's first virtual insurance company license by the Insurance Authority under its Fast Track pilot scheme. As a home-grown InsurTech start-up, Bowtie is set to offer insurance protection directly to customers, without any insurance intermediaries.