News
Alternative Risk Transfer
Technology, regulatory change and a desire to close the protection gap are the biggest factors shaping the risk transfer landscape across Asia, says George Attard of Aon’s Reinsurance Solutions business. 29 October 2018
Insurance
For an underinsured country with a large population and GDP, the next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance, told SIRC Today. 29 October 2018
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
Alternative Risk Transfer
As Tokio Millennium Re (TMR) deploys its services and market propositions in the Asia-Pacific region, its insurance-linked securities (ILS) partners are following in its wake—at least in areas where there is sufficient quality of data and reliable risk models, TMR chief executive officer Stephan Ruoff told SIRC Today. 29 October 2018
Insurance
Various countries in south-east Asia are taking steps to facilitate insurtech business, following the route of Singapore and easing regulation to allow more innovation, Athistha Chitranukroh, partner in law firm Tilleke & Gibbins’ corporate and commercial group, told SIRC Today. 29 October 2018
Insurance
The underwriting performance of motor insurers in China has been further polarised since the introduction of motor de-tariffication in 2016, which is transforming the market, Christie Lee, director and head of analytics for North East Asia at AM Best, told SIRC Today. 29 October 2018
Insurance
Against a backdrop of consumer-friendly mobile technologies, fewer legacy system challenges and accommodating regulatory environments, Asia’s insurers are sprinting ahead of the rest of the world on digital customer experience, Stephen O’Hearn, global insurance leader at PwC, told SIRC Today. 29 October 2018
Insurance
An increasingly complex political environment is causing challenges for insurers as they grapple with the consequences of trade wars and sovereign uncertainties, says Philip Chung of S&P Global Ratings. 29 October 2018
Insurance
The quality of data in Asia-Pacific is gradually improving although this varies from market to market, and there is still some way to go, Darryl Pidcock, head of PERILS Asia-Pacific, told SIRC Today. 29 October 2018
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