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The Asian markets offer great potential for companies able to appreciate the uniqueness and nuances of the region, George Carrington and Mark Finch from Lockton Re, tell SIRC Today. 2 November 2015
Insurance
As Chinese insurers look to branch out it will impact the re/insurance landscape across Asia, says Malcolm Steingold, chief executive officer, Aon Benfield Asia Pacific. 2 November 2015
Insurance
The challenges and opportunities presented by new risks will be the most featured talking point at the Singapore International Reinsurance Conference (SIRC) this year, according to an online poll of Intelligent Insurer readers in Asia, many of whom are attending the conference. 2 November 2015
Insurance
The explosion and subsequent blaze that hit the chemical storage facility in the port of Tianjin, China, in August, seems destined to be a big talking point at SIRC this week as re/insurers continue to grapple with the potential scale of the loses from the disaster. 2 November 2015
News
Impact Forecasting, Aon Benfield’s catastrophe model development team, is launching new catastrophe models for Malaysia and Jakarta flood at the Singapore International Reinsurance Conference this week. 2 November 2015
News
AM Best has upgraded the issuer credit rating of Asian Re to bb+ from bb and affirmed its financial strength rating of B (Fair). The outlook for both ratings is also now positive. 2 November 2015
Insurance
The oversupply of capacity and the resulting challenges it causes is more pronounced in Asia than other parts of the world because of the concerted effort made by many market practitioners to capitalise on the region’s economic strength, Andy Caldwell, deputy active underwriter Syndicate 1955, Barbican Insurance Group, told SIRC Today. 1 November 2015
News
Despite strong economic headwinds and increased financial market volatility, the protection gaps that exist across Asia represent a significant opportunity for reinsurers that cannot be ignored, Moses Ojeisekhoba, chief executive officer of Reinsurance Asia, Swiss Re Asia, told SIRC Today. 1 November 2015
Alternative Risk Transfer
A great deal of education needs to take place across Asia before the used of insurance-linked securities (ILS) truly gains traction in the region, Siew Wai Wan, senior director, insurance, Fitch Ratings, told SIRC Today. 1 November 2015
Insurance
“The Asian insurance market remains very vibrant, with a number of domestic markets developing, plus a growing reinsurance market,” Chris Panes, chief executive officer, Asia, of loss adjuster Crawford & Company, told SIRC Today. 1 November 2015
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