Articles
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 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
Alternative Risk Transfer
Brian Duperreault, the chief executive officer of AIG, has called for insurance linked-securities (ILS) to help cover the growing challenge of cyber risk, at the official opening event of the 15th Singapore International Reinsurance Conference, noting that Asia has more cyber attacks than any other region. 29 October 2018
Alternative Risk Transfer
Technology, regulatory change and a desire to close the protection gap are the biggest factors shaping the risk transfer landscape across Asia, says George Attard of Aon’s Reinsurance Solutions business. 29 October 2018
Insurance
For an underinsured country with a large population and GDP, the next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance, told SIRC Today. 29 October 2018
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
Alternative Risk Transfer
As Tokio Millennium Re (TMR) deploys its services and market propositions in the Asia-Pacific region, its insurance-linked securities (ILS) partners are following in its wake—at least in areas where there is sufficient quality of data and reliable risk models, TMR chief executive officer Stephan Ruoff told SIRC Today. 29 October 2018
Insurance
Various countries in south-east Asia are taking steps to facilitate insurtech business, following the route of Singapore and easing regulation to allow more innovation, Athistha Chitranukroh, partner in law firm Tilleke & Gibbins’ corporate and commercial group, told SIRC Today. 29 October 2018
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