Mark Morley, Gallagher Re; George Attard, Aon; Deepika Mathur, Markel; Robert Mazzuoli, Fitch Ratings; Javier Sánchez Cea, Mapfre Re
There were sober and disciplined renewals in Asia-Pacific despite chaotic world events. After continually fighting fires since the COVID-19 pandemic hit, however, the key question may be how the market will respond to a period of calm.
The April 1 renewals across Asia-Pacific were “disciplined and orderly”, according to George Attard, Aon’s CEO for reinsurance solutions in the region. But they took place in a disordered world.
As the deadline approached in mid-March, a 7.4 magnitude earthquake struck off the coast of Fukushima in north east Japan, leaving four dead and reviving memories of the 2011 tragedy. That followed less than a month after Russia’s invasion of Ukraine.
To discuss the impact of these and other issues on the recent renewals, Intelligent Insurer was joined by Attard along with a range of other experts on the region: Deepika Mathur, CEO of Markel India; Robert Mazzuoli, head of EMEA reinsurance at Fitch Ratings; Mark Morley, managing director for the region at Gallagher Re; and Javier Sánchez Cea, Asia Pacific chief regional officer at Mapfre Re.
Gallagher Re, Aon, Markel, Fitch Ratings, Mapfre Re, Renewals, Insurance, Reinsurance, Mark Morley, George Attard, Deepika Mathur, Asia Pacific