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Insurance
Justin Tan, corporate partner at law firm Clyde & Co Clasis, part of the global firm’s Asia-Pacific network, sees growth for re/insurers coming from the consistent economic growth of South East Asian countries, as they have been actively targeted by several global life and health companies as new and/or growth markets. 29 October 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for the world economy and its own aims, Devesh Srivastava of GIC Re told SIRC Today. 29 October 2019
Insurance
Global credit ratings agency AM Best has affirmed the Financial Strength Rating of ‘A-’ (Excellent) and the Long-Term Issuer Credit Rating of ‘A-’ of Singapore Reinsurance (Singapore Re). The outlook of these credit ratings is stable. 29 October 2019
Insurance
A combination of markets enjoying rapid economic growth, a vibrant agricultural sector and the introduction of risk-based capital regulations mean opportunities in Asia-Pacific for the right clients, Kenrick Law of Allianz Re told SIRC Today. 29 October 2019
Insurance
The words of climate activist Greta Thunberg were quoted at the start of the 16th Singapore International Reinsurance Conference (SIRC) yesterday by Sivam Subramaniam, chair of the 16th SIRC organising committee. 29 October 2019
Insurance
PartnerRe is placing a significant focus on achieving technically sustainable pricing with long-term client partners as a “business as usual” approach will not be sufficient to achieve profitable growth and adequate returns in today’s challenging environment. 29 October 2019
Insurance
California wildfires have hit the headlines, but the problem so far in 2019 is less than in previous years, and the bigger insurance companies operating in California should have adequate resources to cope, according to ratings agency AM Best. 29 October 2019
Insurance
Marsh & McLellan’s third-quarter revenue topped $2.2 billion at its risk & insurance division, with strong growth at Guy Carpenter among the highlights. 29 October 2019
Insurance
Everest Re Group has reported a combined ratio of 101.4% for the third quarter, up from 100% for the same period in 2018, as Hurricane Dorian and Typhoon Faxai took their toll. 29 October 2019
Insurance
The re/insurance industry is watching developments in Capitol Hill this week, as US legislators revisit the Terrorism Risk Insurance Act (TRIA). 28 October 2019
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