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Insurance
The next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance Brokers, told EAIC Today. 12 October 2016
Insurance
Emerging markets in Asia will develop differently from other markets, with new technologies sparking new types of coverage, David Flandro, global head of analytics at JLT Re told EAIC Today. 12 October 2016
Insurance
Every reinsurer and broker will want to know how much reinsurance insurers are buying and whether this might increase. S&P Global Market Intelligence has ranked 25 of the biggest insurance groups in the region and detailed, where possible, their cession ratio. 12 October 2016
Insurance
M&A activity in Asia has boosted demand for financial lines insurance across the region, while the crackdown by many governments on corruption will also have an impact, Ralph Sherbahn, financial lines underwriting manager, Asia for XL Catlin, told EAIC Today. 12 October 2016
Insurance
Trade credit insurer Euler Hermes is seeing a growth in demand for trade credit insurance linked to macro economic trends in the region. 12 October 2016
Insurance
Given the oversupply of capacity in the core property and casualty lines, more reinsurers in Asia are targeting specialty lines. But these lines are not growing quickly enough to match the incoming capacity, creating pricing pressure in these lines, said Mark Morley, managing director, Willis Re, South East Asia. 12 October 2016
Insurance
The trend for companies in Asia-Pacific to seek cyber insurance and for more carriers to enter the cyber market will continue, with ever broader coverage, said Andrew Bart, chief executive officer, Asia-Pacific, Crawford & Company. 12 October 2016
Insurance
As the Indian market opens up to foreign reinsurers, it can offer opportunities for long-term growth but also risks for reinsurers that are unprepared. Only players with technical expertise and a long-term plan will prosper, says Philip Chung, director at S&P Global Ratings. 12 October 2016
Insurance
Nine Merchants Re, which hopes to establish itself as a new Hong Kong-based reinsurer, is currently pending discussions with the Hong Kong regulator. 12 October 2016
Insurance
Although in 2016 China experienced the worst flooding since the 1-in-100 flood event of 1998, the impact of the flood has decreased significantly, according to Aon Benfield. 12 October 2016
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