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Insurance
Growth prospects in Asia-Pacific are still appealing to many reinsurers even with the prevailing soft markets, according to an AM Best report. 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
Insurance
There is insufficient insurance demand in Asia because of a lack of trust between policyholders and insurers, Franz Josef Hahn, CEO of Peak Re, told EAIC Today. 13 October 2016
Insurance
In the past six months the surety bond market has developed significantly for insurers in China, said Richard Chu, specialty lines, financial risks, Asia-Pacific, PartnerRe. 13 October 2016
Insurance
Stricter regulations rolled out by the Chinese Insurance Regulatory Commission (CIRC) in 2016 have created a more competitive environment in China’s life market, according to an AM Best briefing, Asia-Pacific Reinsurance Movement. 13 October 2016
Insurance
The purchase of ACR Capital Holdings by two Chinese state-owned companies will take the business to new heights, Hans-Peter Gerhardt, the chief executive of reinsurer Asia Capital Re (ACR), told EAIC Today. 13 October 2016
Insurance
Strategic advisory services are coming into their own in Asia: ratings, Solvency II and regulatory issues are all big topics in the region, David Flandro, global head of analytics at JLT Re 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
Cyber solutions provider Cyence has revealed the cybersecurity and insurance specialists on its advisory board. 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
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