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Insurance
There has been, and continues to be, significant growth potential across Asia in terms of large commercial risks and in growing the consumer insurance markets, believes Matt Fairfield, the founder and chief executive of ANV Holdings, which operates three syndicates at Lloyd’s, who is attending the EAIC this week. 2 November 2014
Reinsurance
Market participants in Asia face a multitude of challenges that are affecting the market simultaneously, making it very difficult to respond adequately to each one, Moungmo Lee, general manager, analytics, AM Best Asia-Pacific, told EAIC Today. 2 November 2014
Insurance
As competition between reinsurers in the region has heated up in recent years, more players are starting to compete with their clients in the primary market, Stuart Spencer, CEO of Asia Pacific general insurance at Zurich Insurance, told EAIC Today. 2 November 2014
Insurance
Steadfast Group, Australia’s largest broking network, has appointed Adrian Humphreys as general manager – business development. 30 October 2014
Insurance
Insurer Ryan Specialty Group (RSG) has hired a former AIG executive to oversee the development of the company’s managing general agent (MGA) strategy in the UK market. 29 October 2014
Insurance
The re/insurance industry needs to play its part in driving forward the implementation of regulation relating to cyber risks if effective products transferring the risk around this threat are to be developed. 29 October 2014
Insurance
The Insurance Information Institute (III) has published ramifications for the insurance industry of the spread of the Ebola virus which, at the time of writing, has infected at least 8,399 people and killed 4,035, according to the World Health Organization. 28 October 2014
News
Reinsurers must demonstrate smart thinking, a large balance sheet and the ability to provide clients with innovative products if they are to survive the ongoing dynamics within the market. 28 October 2014
Insurance
Re/insurers have been blindsided by the influx of alternative capital, neglecting other considerations such as global regulatory change and the uncertainty it brings, Mo Tooker, president of Berkshire Hathaway’s Gen Re, told PCI Today. 28 October 2014
Insurance
ACE Group has appointed Edward Ler as the president director for its Indonesian general insurance business. 27 October 2014
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