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Cyber liability is one of the hottest topics in the Asian insurance market today, Patrick Chan, director and general manager at Hong Kong-based Nova Insurance Consultants, told EAIC Today. 13 October 2016
Insurance
Asia is a huge region with many territories undergoing a period of significant economic expansion. This potential generates opportunities for marine re/insurers and also continues to attract new entrants into the sector, said Simon Saunders, division head, marine, aviation and transport, Barbican Insurance Group. 13 October 2016
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
Insurance
The persisting economic uncertainty, which has hit some sectors particularly hard, is leading to an increase in credit claims on a scale not seen since the 2008 financial crisis, Kent Chaplin, chief executive officer, Lloyd’s Asia-Pacific, told EAIC Today. 13 October 2016
Insurance
The lawsuit filed by rock bank the Foo Fighters against Lloyd's of London and entertainment broker Robertson Taylor has been dismissed after all parties filed for a voluntary dismissal in a California federal court. 13 October 2016
Insurance
Asta, a third party managing agent at Lloyd’s, has promoted Peter Brightman as head of syndicate finance, succeeding Anthony Gordon, who is retiring. 13 October 2016
Insurance
The next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance Brokers, told EAIC Today. 12 October 2016
Insurance
Both the CEO Mike Dashfield and chairman Göran Thorstensson of Sirius International Managing Agency (SIMA), the Lloyd’s managing agency of Sirius, will be stepping down from their positions at the end of the year. 11 October 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Louisa Honeybun as senior livestock underwriter, effective immediately. 11 October 2016
Insurance
Specialist insurer Markel International has appointed Chris O’Shea as head of reinsurance claims. 10 October 2016
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