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Industry must innovate through critical period of change
In what is a critical time for the industry, re/insurers must innovate to navigate the challenges ahead, Franz Josef Hahn, chief executive officer of Hong Kong-based reinsurer Peak Re, told SIRC Today.   3 November 2015
News
Gaps in risk models are being filled
Despite improvements in recent years, gaps remain in the quality of some of the risk models in use in Asia, George Attard, head of Aon Benfield Asia-Pacific, told SIRC Today. As such, the industry must look to continually improve these, he said.   3 November 2015
Insurance
India-China offer opportunities and differences
The insurance markets of India and China offer good growth potential, although the opportunities in each differ, James Nash, managing director and regional chief executive officer of Guy Carpenter Asia Pacific, told SIRC Today.   3 November 2015
News
Driverless cars one of many disruptive forces reshaping risk in Asia
Technological advances including the advent of driverless cars are among several developments that will see reinsurers face a period of disruption over the next few years—bringing both challenges and opportunities, Roland Eckl, chief executive of Asia-Pacific at Munich Re, told SIRC Today.   3 November 2015
Insurance
Opportunities in change
Pricing losses and a changing regulatory environment will be the main discussion points as SIRC delegates grapple with the great opportunities in Asia, Alex Yip, CEO Greater China, Lockton Companies, tells SIRC Today.   3 November 2015
News
The changing regulatory landscape—how will reinsurers respond?
The changing face of regulation was the focus of the second panel discussion of day two of the Singapore International Reinsurance Conference.   3 November 2015
News
GIC CEO calls for collaboration on risk
K Sanath Kumar, acting chairman-cum-managing director of GIC Re, called for greater collaboration between the re/insurance industry, government and global bodies such as the World Bank at a round table held by the Indian reinsurer at the 13th Singapore International Reinsurance Conference yesterday (Tuesday November 3).   3 November 2015
Insurance
Soft market is biggest worry, followed by regulatory change
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
New R&D facility for actuarial science in Malaysia unveiled
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
Managing risks in an uncertain world
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

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