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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
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
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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
Insurance
Asta, a third party managing agent at Lloyd’s, has promoted Peter Brightman as head of syndicate finance, succeeding Anthony Gordon, who is retiring. 13 October 2016
Insurance
Willis Towers Watson has appointed Colin Forrest as head of its life team in the UK. 13 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
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
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