Asia Pacific

24 July 2024   Property ends its run after leading as recently as Q4; FinPro & cyber softening stable.

Latest Features

As climate change, geopolitics and inflation challenge the region, Kevin Bogardus of Everest Re says each APAC market must be assessed on its own merits.
With a fast-evolving region as vast and diverse as Asia-Pacific, selecting the most lucrative areas for re/insurance growth is no mean feat. An Intelligent Insurer panel of regional leaders share their strategies.
Investing in the Asia-Pacific insurance markets can yield substantial rewards, but how can you best capitalise on growth opportunities once you’ve carefully selected them?
Guy Carpenter’s Global Property Catastrophe Rate-on-Line Index, a measure of the overall premium movement against limits purchased, rose by 27.5 percent globally in the 1/1 year-end renewal, bringing it on a par with levels seen in 2006.
Alternative Risk Transfer
Vesttoo, the insurtech that matches capital with risks using ILS structures, has seen a sharp uplift in demand as insurers and reinsurers grapple with a capacity crunch and hardening rates, the company’s newly appointed head of insurance markets, UK & Europe, told Intelligent Insurer.
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.
Renewals in the region were disciplined and perhaps even dull, but the diversity of the countries and differing lines means that drama is never far away. Capacity, as ever, is key, says an Intelligent Insurer panel.
In a wide-ranging interview, the executive discussed the changing focus of the SiriusPoint strategy, investing in innovation and the company’s future expansion plans.
All features

More News

16 July 2024   The role has executive responsibility for 24 countries in Continental Europe, Middle East and Africa.
15 July 2024   The appointee served as deputy chief risk officer since September 2022.
12 July 2024   The hire to lead its consumer lines strategy and expansion across Asia Pacific.
11 July 2024   The executive was instrumental in building and growing its specialty group.
11 July 2024   Vanessa Ho Von is the global head of client solutions at Pacific Life Re.
10 July 2024   The move follows a string of leadership changes in North America.
10 July 2024   The company has appointed a president director of Reinsurance Solutions in Indonesia.
More news