APAC re/insurance industry is robust and sustainable, says Hannover Re’s Marx

The re/insurance industry is sustainable and profitable enough to survive in the long run, according to Michael Marx, head of Asia-Pacific for Hannover Re. Picking up on a topic raised in Tuesday’s Deep Dive panel discussion at the Singapore International Reinsurance Conference, he said that although the industry has faced challenges, particularly in Japan, he believes it is resilient.