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Insurance
The recent cuts in interest rates in China are likely to encourage the country’s insurers to seek overseas investments. However, such investments will increase the risks for these insurers, Standard & Poor’s (S&P) has said in a report. 3 November 2015
Insurance
Guy Carpenter has published an assessment of the development of solvency requirements and regulatory initiatives that are impacting re/insurers in the Asia Pacific region. 3 November 2015
Insurance
Some Asian cities may see a more than 30 percent increase in the population at risk of extreme flooding by 2020, according to leading UK catastrophe modelling company JBA Risk Management. 3 November 2015
Insurance
The continued soft market environment is the biggest worry of many Asian re/insurance executives, according to an online poll of Intelligent Insurer readers in the region—a fact perhaps borne out by recent evidence that rate cuts will again be extensive this year, while terms of coverage are often broader. 3 November 2015
Insurance
Sunway University, Russell Group and Ardent Group have signed a memorandum of understanding to establish and develop a new research & development (R&D) facility for actuarial science in Malaysia. 3 November 2015
Insurance
The re/insurance industry is seeing rapid change as it grapples with new risks in a changing world: this was the topic discussed by a panel at the Singapore International Reinsurance Conference on day two of the conference. 3 November 2015
News
The reinsurance industry is still operating from a strong capital base as it approaches the end of 2015 and, even though the soft market continues, an easy landing might be ahead, rating agency Standard & Poor’s (S&P) said in a briefing covering the state of the reinsurance market at the Singapore International Reinsurance Conference yesterday (Tuesday November 3). 3 November 2015
Insurance
Re/insurers should not be perturbed by the widely reported slowdown in China’s economy as the country will still offer significant opportunities for the industry even when growth is dampened, Andy Caldwell, deputy active underwriter, Syndicate 1955, Barbican Insurance Group, told SIRC Today. 3 November 2015
Insurance
Steve Redmond, the managing director of Antares, a member of the QIC Group, has said the company’s recent launch on the Lloyd’s Asia Platform in Singapore was partly a defensive move to ensure it still sees business now being underwritten in Singapore as opposed to London. 2 November 2015
News
Peak Re’s recent expansion into the European market by opening an office in Zurich will not mean it will ignore either its roots in Asia or opportunities in other parts of the world, Franz Hahn, chief executive of Peak Re, told SIRC Today. 2 November 2015
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