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Insurance
A key theme for discussions at this year’s EAIC is the increasingly outward-looking attitude of the Asian re/insurance industry, Aon Benfield’s Asia-Pacific CEO Malcolm Steingold told EAIC Today. 13 October 2016
Insurance
Alternative capital grew again last year but at a slower pace. Paul Schultz, chief executive of Aon Securities, suggests to EAIC Today this growth will continue but innovation will also be needed in the long term. 12 October 2016
Insurance
The trend for companies in Asia-Pacific to seek cyber insurance and for more carriers to enter the cyber market will continue, with ever broader coverage, said Andrew Bart, chief executive officer, Asia-Pacific, Crawford & Company. 12 October 2016
Insurance
Nine Merchants Re, which hopes to establish itself as a new Hong Kong-based reinsurer, is currently pending discussions with the Hong Kong regulator. 12 October 2016
Insurance
Aon Risk Solutions, the risk management business of Aon, has entered into an agreement to acquire all of risk management firm Stroz Friedberg, with the intent of creating a comprehensive cyber risk management advisory group. 12 October 2016
Insurance
Although in 2016 China experienced the worst flooding since the 1-in-100 flood event of 1998, the impact of the flood has decreased significantly, according to Aon Benfield. 12 October 2016
Insurance
Joining the NatCatDAX Alliance, which has been set up to help increase data availability for natural catastrophe insurance in Asia, represents a unique opportunity for PERILS to establish its presence in the Asia region, Eduard Held, head of products at PERILS, told EAIC Today. 11 October 2016
Insurance
As re/insurers seek opportunities for growth, a new report by Aon Benfield identifies two possibilities that are pertinent to Asia-Pacific and the wider markets: agriculture and the protection gap. 11 October 2016
Insurance
Tropical cyclones in September have cost the global economy over $4 billion dollars, according to Impact Forecasting’s Global Catastrophe Recap report. 7 October 2016
Insurance
Impact Forecasting, the catastrophe model development team of Aon Benfield, has enabled Unica Insurance to offer new flood insurance coverage from a catastrophe model created following the widespread flooding in Canada in 2013. 6 October 2016
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