Articles
Alternative Risk Transfer
Alternative capital will play an increasing part in Asia-Pacific as data improves, Matt Cannock, managing director for Asia at Markel, told SIRC Today. 31 October 2018
Alternative Risk Transfer
The growth potential of insurance-linked securities (ILS) in Asia is limited due to a lack of demand, James Vickers, chairman Willis Re International, and Andrew Souter, regional director Willis Re, told SIRC Today. 31 October 2018
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Alternative Risk Transfer
Singapore is looking to establish itself as an insurance-linked securities (ILS) hub in Asia to take advantage of rising market demand, George Attard, chief executive officer Asia for Aon’s Reinsurance Solutions business, told SIRC Today. 30 October 2018
Alternative Risk Transfer
Singapore has launched what it calls the world’s first commercial cyber risk pool during the 15th Singapore International Reinsurance Conference (SIRC). 30 October 2018
Insurance
Cyber, alternative capital and shifting government risk into the private sector will be some of the talking points at PCI—as will Aon’s changes to its brand, George deMenocal of Aon’s Reinsurance Solutions US business tells PCI Today. 30 October 2018
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
Rates will soften in the upcoming renewals but some pragmatic cedants prefer to preserve their long-term relationships with reinsurers, Adam Manus of Holborn tells PCI Today. 30 October 2018
Alternative Risk Transfer
Brian Duperreault, the chief executive officer of AIG, has called for insurance linked-securities (ILS) to help cover the growing challenge of cyber risk, at the official opening event of the 15th Singapore International Reinsurance Conference, noting that Asia has more cyber attacks than any other region. 29 October 2018
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