News
Insurance
Large reinsurance buyers claim they are not focusing on price in the upcoming renewals season. 18 October 2016
Insurance
It takes a sophisticated outlook on business to resist getting a better deal than the year before, but that is exactly what some buyers are starting to do as they empathise with their reinsurers, and also have one eye on self-preservation, as Intelligent Insurer finds. 18 October 2016
Insurance
The International Association of Claim Professionals (IACP), a body for insurance claims executives, announced five of its key officers and directors for a one-year term. 17 October 2016
Insurance
Century Underwriting, a specialist commercial managing general agent, has introduced a new liability underwriting division and made two senior appointments. 17 October 2016
Insurance
The Bermuda Business Development Agency (BDA) and other business bodies including the Association of Bermuda Insurers and Reinsurers have praised the resilience of Bermuda and the speed with which much of its critical infrastructure reopened in the aftermath of Hurricane Nicole. 17 October 2016
Insurance
Lloyd’s has appointed Daniel Revilla as head of Latin America. He will be responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. 14 October 2016
Insurance
Companies with captives based in Europe are likely to consider redomiciling them to Asia, due to the higher capital charges they will incur under Solvency II, according to a report from Marsh, Asia Insurance Market Report 2016. 13 October 2016
Insurance
Economic growth and a low insurance penetration compared to advanced economies is set to drive re/insurance growth in developing countries in Asia such as China, India and Thailand, according to a JLT Re report titled Emerging Markets: Moving Ahead. 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
article
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
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