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Insurance
Allianz Global Corporate & Specialty (AGCS) is considering establishing a branch in India as it attempts to manage the growing trend in Asia of protectionist regulatory measures that favour local reinsurers, Mark Mitchell, regional chief executive officer for Asia at AGCS, told SIRC Today. 31 October 2017
Insurance
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has launched RFIB (Singapore). The new operation will serve as a hub for the continued development of RFIB’s presence across Asia. 31 October 2017
Insurance
The implications of retro and reinsurance rates moving from a soft to a hard market and how fast such increases could be reflected by cedants in their own tariffs on a direct basis will be the main talking point at SIRC this year, according to Laurent Montador, deputy CEO of CCR Re. 31 October 2017
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
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
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