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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
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
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
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
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
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