Asia pushing towards further digitalisation, deep tech – QBE Asia CEO, Jason Hammond
As the industry emerges from the past three years defined by the COVID-10 pandemic, QBE Asia CEO Jason Hammond shared with Insurance Business several milestones in 2022 and his predictions for 2023.
Australian insurer QBE expanding coverage to include net-zero maritime projects in Singapore
Rama Chandran, Head of Marine, QBE Asia shared how QBE is working with ship builders in Asia to adopt green technologies and explore new power sources.
Asia CEO, Jason Hammond, named in The Insurance Business Global 100 list for the third consecutive year
Asia CEO, Jason Hammond, is named in The Insurance Business Global 100 list for the third consecutive year. The list features outstanding industry professionals and leaders who are making a positive difference and helping drive change across the sector and their own companies.
The 2Cs of FP&A leadership in 2022
Tay Siang Leng, CFO and head of FP&A for QBE Asia, summed it up by adding that the biggest change is the need to respond quickly to rapidly changing economic conditions/business challenges as well as being the co-pilot to senior management and Boards for strategic decision making.
Global Risk Manger – Hard times
Global Risk Manger spoke with QBE Asia, Chief Underwriting Officer, Andy White on how the market has had a global impact, but in Asia it is a mixed picture, with some classes seeing price increases and others like liability remaining relatively flat.
Insurance for ecommerce retailer liability
Asia Insurance Review spoke to with QBE Asia’s Ms Arati Varma and Somandy and Associates’ Mr Burzin Somandy to see whether ecommerce retailers can be liable for third party products sold via their platforms - and how insurance may help in such cases.
Shipping: Too soon for optimism in ocean hull insurance sector - IUMI
Overall, the ocean hull sector is improving but it is not yet certain how sustainable that improvement will be, according to Mr Rama Chandran, chairperson of the Ocean Hull Committee of the International Union of Marine Insurance (IUMI).
Gloomy insurers look to 'virtuous circle' of loss prevention
Marine insurers find little to be cheerful about these days. Rama Chandran, chairperson of the Ocean Hull Committee of the International Union of Marine Insurance (IUMI) expressed concern over the long-term sustainability of the hull and machinery insurance sector.
Processing insights into results
Steve Wilson, Regional Head of Claims, QBE Asia shares how our claims processes continue to get more streamlined and sophisticated and how this has changed our business.
Insurers tighten cyber cover terms, raise premiums amid cyber attacks
Firms with inadequate risk management protocols may find their cover reduces or withdrawn altogether, particularly in terms of ransomware risk. QBE Asia, Head of Financial, Professional and Casualty lines, Arati Varma, said around 40 per cent of large organisations are believed to buy cyber protection. But take-up among small and medium enterprises (SMEs) is far lower.
QBE Asia builds digital footprint with new insurance initiatives
Today’s “no-contact” pandemic has challenged businesses to find ways to continue operating and supporting customers, without the need for physical interaction. This has created an urgency for businesses and industries—many of which have operated unchanged for decades—to digitalise their operations quickly and effectively to ensure business continuity.
An emphasis on digital
QBE has had a good year, despite COVID-19 hitting the business hard. Asia CEO, Jason Hammond shares with Asia Insurance Review about QBE’s plans for the post-COVID environment with an emphasis on digitalisation.
Rama Chandran, Head of Marine Singapore and Head of Hull & Marine Liability Asia, named Top 10 in Lloyd's List for Marine Insurance
Asia is catching up fast in hull insurance and leading the way in its emergence is Rama Chandran, head of marine at QBE.
Asia CEO, Jason Hammond, named in The Insurance Business Global 100 list for the second consecutive year
Asia CEO, Jason Hammond, who has been named in The Insurance Business Global 100 list for the second consecutive year. The list features outstanding industry professionals and leaders who are making a positive difference and helping drive change across the sector and their own companies.
Securities Class Action Risk in South East Asia’ co-authored by QBE Asia, Head of Financial, Professional and Casualty Lines, Arati Varma
South East Asia is a very diverse group of countries – from its language and customary practices, legal frameworks to its regulatory oversight. This article gives a high-level review of some of the common issues affecting securities collective actions across the region. In summary, South-East Asia remains a low-risk region for securities class actions for the reasons outlined. However, directors and their insurers should not be complacent and ignore the risk of exposure to US class actions.
QBE’s Hammond on transformation and growth
CEO Asia, Jason Hammond, recently spoke with Insurance Asia News and shared about the restructuring process and transformation, and his outlook on the Asian markets’ growth opportunities, broker consolidation and the rise of digital and insurtech in the post-Covid environment.