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The continued pressure on rates despite recent losses seems to dominate re/insurers’ concerns ahead of renewals. 30 October 2018
Insurance
There has been an uptick in mergers and acquisitions (M&A) in re/insurance, with large deals such as AIG-Validus and AXA-XL making recent headlines. 30 October 2018
Insurance
The key to unlocking Asia-Pacific is product expertise that responds to clients’ needs—as opposed to targeting growth in a specific region, says Stuart Beatty of RKH Specialty Asia. 30 October 2018
Insurance
Canopius is looking to re-engage with some of the former clients in the Japanese market it had prior to ownership by Sompo, chairman Michael Watson, and Asia-Pacific and MENA chief executive officer Mark Newman, told SIRC Today. 30 October 2018
Insurance
The China market holds great growth opportunities for insurers and reinsurers but it is also competitive and full of challenges, says Eunice Tan of S&P Global Ratings. 30 October 2018
Insurance
Recent catastrophe events in Asia are likely to stabilise rates in the upcoming renewals and make any significant rate reductions unlikely, Soeren Soltysiak, chief underwriting officer, treaty, Asia Capital Reinsurance Group, told SIRC Today. 30 October 2018
Insurance
Chinese insurers are diversifying their business and product offering, which is set to lead to higher cessions to reinsurers, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told SIRC Today. 30 October 2018
Alternative Risk Transfer
Singapore is looking to establish itself as an insurance-linked securities (ILS) hub in Asia to take advantage of rising market demand, George Attard, chief executive officer Asia for Aon’s Reinsurance Solutions business, told SIRC Today. 30 October 2018
Alternative Risk Transfer
Singapore has launched what it calls the world’s first commercial cyber risk pool during the 15th Singapore International Reinsurance Conference (SIRC). 30 October 2018
Insurance
While China and India promise great growth potential, profitable business for reinsurers is hard to come by—the key is to offer cedants added value and additional services, Jean-Paul Conoscente, CEO of SCOR’s P&C reinsurance business unit globally, told SIRC Today. 29 October 2018
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