Articles
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
Insurance
Specialist re/insurer Beazley has a very distinct approach to countries in Asia, reflecting the particular social and economic development in each country, Lucien Mounier, head of Asia-Pacific, and Nicholas Tey, regional manager, Asia, at Beazley told SIRC Today. 31 October 2018
Alternative Risk Transfer
The growth potential of insurance-linked securities (ILS) in Asia is limited due to a lack of demand, James Vickers, chairman Willis Re International, and Andrew Souter, regional director Willis Re, told SIRC Today. 31 October 2018
Insurance
Singapore-based re/insurance broker Symbo is raising fresh capital to expand its fully digital platform, Anurag Jaroli, head of reinsurance of Symbo, told SIRC Today. 31 October 2018
Insurance
Attracting and retaining the best talent, and general talent management, are considered to be among the biggest issues on the agenda of re/insurers who operate in Asia-Pacific markets. 31 October 2018
Insurance
Hannover Re has a “fairly strong appetite” for Asian business and it wants to participate in the region’s potential significant growth despite the high competition in the market, Michael Marx, managing director Asia-Pacific, told SIRC Today. 30 October 2018
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Insurance
Munich Re is observing growing demand for new solutions and services in Asia-Pacific, ranging from capital management optimisation to new product development, Hermann Pohlchristoph, member of the board of management of Munich Re, told SIRC Today. 30 October 2018
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