Articles
Insurance
Lloyd’s Asia is looking to develop innovative solutions for mature markets such as Japan or Australia while mulling over the introduction of electronic placement to make trading more efficient in the Asia-Pacific region, Angela Kelly, chief executive officer for Lloyd’s Asia, told SIRC Today. 31 October 2018
Insurance
Two large typhoons in Japan as well as earthquakes and heavy rainfall experienced in Japan have recently revealed the growth potential for business interruption cover in the country’s commercial insurance market, Ken Motoda, president of AGCS Japan, the local unit of Allianz’s commercial insurer, told SIRC Today. 31 October 2018
Insurance
Government initiatives and the increasing digitisation of China are driving new risks and in turn new insurance products, Ann Chua, head of Northern Asia & operating director of Asia Pacific at AXA XL, told SIRC Today. 31 October 2018
Insurance
While there is no doubt that the insurance industry is changing dramatically, Torsten Jeworrek, chief executive officer, reinsurance, of Munich Re, does not expect that the insurance sector will experience a “big bang” type of disruption. 31 October 2018
Alternative Risk Transfer
Alternative capital will play an increasing part in Asia-Pacific as data improves, Matt Cannock, managing director for Asia at Markel, told SIRC Today. 31 October 2018
Insurance
New risks such as international trade and cyber are emerging in Asia and the re/insurance industry needs to find new approaches to understand and anticipate such risks, Victor Kuk, head of P&C client markets for south-east Asia, India, Korea, Hong Kong and Taiwan at Swiss Re, told SIRC Today. 31 October 2018
Insurance
Through FP Marine, RKH has a significant and longstanding presence in Asia, and one of the largest marine teams in London, as Stuart Beatty of RKH Specialty Asia tells SIRC Today. 31 October 2018
Insurance
Megacities represent significant concentrations of exposure at risk from typhoons—with high population densities and often unregulated expansion—and efforts are needed to make them more resilient to natural disasters, Hemant Nagpal, managing director and specialist on Asia-Pacific models at RMS, told SIRC Today. 31 October 2018
Insurance
The Lloyd’s profitability review had to happen, and against that backdrop has helped its Asia platforms keep competitive within the Asia-Pacific region, Veronica Grigg, chief executive officer of Asia-Pacific, Argo Global, told SIRC Today. 31 October 2018
Insurance
Various markets such as Indonesia and India have a level of insurance sector protectionism, and more needs to be done to remove barriers to entry in order to reduce the insurance gap in Asia, says Philip Chung of S&P Global Ratings. 31 October 2018
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