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Insurance
Growth opportunity in long-tail business
Primary insurance writers in Asia are exploring growth opportunities in new, longer tail business segments—but a shortage of experienced actuaries in the region may open up opportunities for reinsurers that have the relevant technical experience and can partner with insurers on writing such business.   31 October 2017
Insurance
Japan quake model tackles earthquake occurrence probability
A new earthquake and tsunami model for Japan being developed by Impact Forecasting, the catastrophe modelling development centre of Aon Benfield, will differentiate itself from other models in the region in the way it tackles earthquake occurrence probability in the Nankai Trough, a submarine trough located south of the Nankaidō region of Japan’s island of Honshū.   31 October 2017
Insurance
Digital transformation a top concern of insurers
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives designed to illustrate reinsurers’ competitive positioning and respondents’ main concerns in a rapidly changing industry. Here, we reveal the top challenges insurance executives across Asia-Pacific revealed.   31 October 2017
Insurance
Not immune to global rate pressures, but regulatory matters and technological disruptions also dominate discussions in Asia
While the global reinsurance markets are reeling from the recent hurricane losses and negotiating rate hikes, Asia has not seen major catastrophe losses this year and the dynamics are very different. Competition remains fierce while regulatory change and the influence of disruptive technologies on the markets are also hot topics, as Philip Chung of S&P Global Ratings explains to SIRC Today.   30 October 2017
Insurance
R&Q agrees with ProSight Specialty Insurance to manage Syndicate 1110
Randall and Quilter Investment Holdings (R&Q) said on Oct. 30 that it has reached an agreement with ProSight Specialty Insurance (ProSight) to novate the management of Syndicate 1110 (S1110) to R&Q Managing Agency Limited (RQMA).   30 October 2017
Insurance
Zurich: At the heart of Europe
Zurich has established itself as the go-to risk transfer hub for reinsurers targeting continental Europe. Intelligent Insurer examines why it has been so successful.   25 October 2017
Insurance
HIM losses will be capital event for some syndicates but Lloyd’s steady on cat
Despite significant expected losses in the third quarter from hurricanes Irma, Harvey and Maria and potential rate increases as a result, Lloyd’s is not planning to change the market’s overall exposure to natural catastrophes, Jon Hancock, Lloyd’s performance management director, told Baden-Baden Today.   25 October 2017
Insurance
Scale of Q3 cat losses could be the biggest ever insured cat event
This year’s Baden-Baden Reinsurance Symposium is more dynamic and busier than the last four as a result of the heavy nat cat losses experienced in the US in the third quarter, David Flandro, global head of analytics for JLT Re, told Baden Baden Today.   25 October 2017
News
Russia’s national reinsurer makes its mark in year one
The state-owned Russian National Reinsurance Company (RNRC) has shown more appetite for new business in its first year in business than expected, Nicola Rautmann, market executive Austria & Central and Eastern Europe (CEE) at Swiss Re, told Baden-Baden Today.   25 October 2017
Insurance
Cat losses and the role of local knowledge
How much rates may rise in the aftermath of big cat losses is a major concern of delegates in Baden-Baden, Johannes Hartmann, chief executive of VIG Re, tells Baden-Baden Today, as he also explains the reinsurer’s commitment to Europe.   25 October 2017

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