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Insurance
Local developments in China and India have primed both economies for substantial onshore capacity growth, according to a September 2017 Moody’s report covering reinsurance in Asia, China and India are Primed for Onshore Capacity Growth.   31 October 2017
Alternative Risk Transfer
Risk modelling firm RMS has opened a new office in Sydney, Australia. The company said the move is part of its drive to support clients’ expansion in the Australian and New Zealand markets.   31 October 2017
Insurance
Intense competition in Asia-Pacific means any improvement on rates is hard to achieve. These are among the conclusions of a new report, Asia-Pacific Reinsurers Should Increase Rates, But Will They? some of which are summarised here by Philip Chung of S&P Global Ratings.   31 October 2017
Insurance
Insurers, reinsurers and brokers from all over the world attend the Singapore International Reinsurance Conference (SIRC) for a variety of reasons—but the principal one is to reaffirm relationships with existing clients in a relaxed environment.   31 October 2017
Insurance
One of the founders of a startup that captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data has highlighted the Asian markets as a key target for the company, which has raised more than $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.   31 October 2017
Insurance
Free trade environments for re/insurers are under threat from jurisdictions adopting more protectionist measures—but many such regimes may actually hurt the very economies they aim to protect.   31 October 2017
Insurance
Primary insurance writers in Asia are exploring growth opportunities in new, longer tail business segments—but a shortage of experienced actuaries in the region may open up opportunities for reinsurers that have the relevant technical experience and can partner with insurers on writing such business.   31 October 2017
Insurance
A new earthquake and tsunami model for Japan being developed by Impact Forecasting, the catastrophe modelling development centre of Aon Benfield, will differentiate itself from other models in the region in the way it tackles earthquake occurrence probability in the Nankai Trough, a submarine trough located south of the Nankaidō region of Japan’s island of Honshū.   31 October 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives designed to illustrate reinsurers’ competitive positioning and respondents’ main concerns in a rapidly changing industry. Here, we reveal the top challenges insurance executives across Asia-Pacific revealed.   31 October 2017
Insurance
While the global reinsurance markets are reeling from the recent hurricane losses and negotiating rate hikes, Asia has not seen major catastrophe losses this year and the dynamics are very different. Competition remains fierce while regulatory change and the influence of disruptive technologies on the markets are also hot topics, as Philip Chung of S&P Global Ratings explains to SIRC Today.   30 October 2017

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