Guided by
Our Initiatives.
OUR INITIATIVES
As Asia grows and becomes more prosperous,the more risk protection people, businesses and societies will need.
Addressing the new, emerging and accelerating risks in an increasingly complex and uncertain globe will require a pooling of expertise, financing, data and talent from policymakers, the insurance industry, and academia. The top priorities include responding to the challenge of climate change, supporting sustainable development, developing healthy and prosperous societies, and studying the impact of innovation and digitalisation.
Understand and Quantify Risk
1. Identification and understanding of existing and new and emerging risks.
2. Availability of data and risk models to quantify risk exposures, protection needs and even insurability of risks and capacity needs.
3. Refinements of risk models given changing nature of risks.
Create Enabling Environment
1. Regulations, policies and market infrastructure that enables efficient risk management.
2. Raise awareness of risks and risk management approaches and tools at various levels – individual, business and governments.
3. Enhance capabilities and talents to drive risk resilience agenda forward in both public and private sectors.
Design and Implement Sustainable Solutions
1. Innovation in risk management solutions (adaptation, mitigation, transfer).
2. Efficient implementation solutions, including distribution, fulfilment and resolution processes.
3. Ecosystem leveraging on new technologies to enable efficiency and innovation.
