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The persisting economic uncertainty, which has hit some sectors particularly hard, is leading to an increase in credit claims on a scale not seen since the 2008 financial crisis, Kent Chaplin, chief executive officer, Lloyd’s Asia-Pacific, told EAIC Today. 13 October 2016
Insurance
In May this year, Gen Re revealed that Kara Raiguel would replace Tad Montross at its helm, a move that triggered a phase of reassessment and change at the company. For Rainer Schuermann, Gen Re’s regional manager, P/C Treaty Asia, this can bring exciting opportunities to the region he is responsible for. 12 October 2016
Insurance
For global insurers and reinsurers operating in Asia, a significant challenge is the wide disparity between regulatory environments in which they are required to operate, Aaron Le Marquer, partner with law firm Tilleke & Gibbins, told EAIC Today. 12 October 2016
Insurance
The rapid growth in the value of assets in the Asia region coupled with rising concentration levels, means there has been a significant increase in the degree of exposure to natural catastrophes, Eduard Held, head of products at PERILS, told EAIC Today. 12 October 2016
Insurance
Cyber risk, terrorism and D&O risks are high on the agenda for companies in Asia, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today. 12 October 2016
Insurance
In yesterday’s newsletter we published the results of a survey of EAIC delegates conducted ahead of the conference. Here, Micky Lee, principal officer of Qatar Re’s Singapore branch, answers those same questions in more detail. 12 October 2016
Insurance
Insurers are currently presented with huge opportunities for growth in the Asia market, and AIR Worldwide is working to support them by continuing its expansion in the region, said Ashish Jain, vice president and managing director of AIR Worldwide. 12 October 2016
Insurance
The unique set of forces driving Asian companies to acquire insurers and reinsurers with a global reach shows little sign of abating and will lead to more mergers & acquisitions (M&A) in the future, analysts have told EAIC Today. 12 October 2016
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to EAIC Today this growth will continue but innovation will also be needed in the long term. 12 October 2016
Insurance
The coming year will see more insurers in Asia consolidating their positions and looking for more innovative ways to offer their products, Li Shan Yeo, CEO of Antares Asia, told EAIC Today. 12 October 2016
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