News
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
article
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end the traditionally cyclical nature of the industry was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo. 13 October 2016
Insurance
Tokio Marine HCC has appointed Frances Eaton as a senior professional indemnity and director/officers underwriter, as part of the launch of its professional indemnity operation in Manchester, UK. 13 October 2016
Insurance
Given the oversupply of capacity in the core property and casualty lines, more reinsurers in Asia are targeting specialty lines. But these lines are not growing quickly enough to match the incoming capacity, creating pricing pressure in these lines, said Mark Morley, managing director, Willis Re, South East Asia. 12 October 2016
Insurance
The unique set of forces driving Asian companies to acquire insurers and reinsurers with a global reach shows little sign of abating and will lead to more mergers & acquisitions (M&A) in the future, analysts have told EAIC Today. 12 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 marine market in Asia remains ultra-competitive as insurers continue to invest in targeting growth in the region, Mike Davies, chief underwriting officer, marine, Asia-Pacific for XL Catlin, told EAIC Today. 11 October 2016
Insurance
The opportunities and the challenges in Asia-Pacific are multiple and fast-evolving—and many of them are two sides of the same coin, Philippe Domart, head of underwriting, PartnerRe Asia, told EAIC Today. 11 October 2016
Insurance
As risk managers consider the implications of recent natural catastrophes, it is clear that disaster resilience is rising up the agenda in the Asia-Pacific region, Andrew Bart, chief executive officer, Asia-Pacific, Crawford & Company, told EAIC Today. 11 October 2016
Insurance
One of the hottest topics in Asia is regulatory change and the impact this is having on capital requirements, pricing, infrastructure and market access for all market participants. That is the view of Mark Morley, managing director, Willis Re, South East Asia. 11 October 2016
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