News – Page 162
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Online onlyGR at SIRC 2019: Day 1 live & free to read
Catch up with all the news from the first day of the 16th Singapore International Reinsurance Conference (SIRC)
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News AgendaThe Hong Kong protests: What if the government labels them terrorism?
Defining the pro-democracy protests as terrorism could impact insurance policies, as the cost of the demonstrations continues to rise
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ViewpointsWinds of change: 16th SIRC welcomes delegates with 2019 theme
Q&A with Marc Haushofer, SRA chairman and honorary advisor to the organising committee for the 16th Singapore International Reinsurance Conference (SIRC)
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ViewpointsAXA XL: Addressing emerging Asia’s protection needs
Q&A with Peter Schmidt, chief executive, MEA, APAC, LATAM, Credit & Surety, AXA XL Reinsurance, a division of AXA
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News AgendaInsurance should cater to Asia’s emerging middle class – Peak Re
The insurance protection gap in emerging Asia has been exasperated by insufficient protection through social security, according to Hong Kong-based reinsurer Peak Re
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ViewpointsGIC Re: Pricing has not matched growth
Q&A with GIC Re General Manager Satyajit Tripathy, who explains that even after significant loss events Asian prices have barely budged
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News AgendaBeazley reveals Asia Pacific growth strategy amid underwriting expansion
Beazley is expanding its Asia Pacific underwriting footprint. The specialist insurer said it has made a strategic investment in the region to facilitate its expansion. More roles and product launches will follow in the next 12 months, Beazley said. An increased presence in Asia Pacific enables the ...
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ViewpointsAon: Matchmaking for life
Asia’s life and health (L&H) reinsurance market is changing, with fresh entrants and a change of products being sold on the primary side, according to Pierre Vende, Head of Accident, Health and Life, Aon Reinsurance Solutions.
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News AgendaAIG endorses Lloyd’s with new $1bn high net worth Syndicate 2019
The insurer plans to launch a new syndicate at Lloyd’s serving the US high net worth market, writing up to $1bn in gross written premiums by 1 January 2020
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News AgendaInsurtech investments this year surpass 2018 already – WTW report
Deal numbers were up 20% in Q3 and marked the first quarter since Q2 of 2018 when investments in business-facing insurtechs outnumbered investments in distribution-focused ventures
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News AgendaJapan’s Typhoon Hagibis to cost insured losses of $8-16bn, according to AIR
Catastrophe risk modeller AIR Worldwide said more than half of the losses would come from inland flooding
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News AgendaGreenpeace climate protest in Baden-Baden over reinsuring dirty energy
The industry’s role reinsuring energy business relating to coal attracted Greenpeace activists to Baden-Baden this year
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News AgendaBermuda reinsurers’ performance improving – Fitch analysis
The 22 Bermuda reinsurers in Fitch’s sample reported a 99% 2018 combined ratio on aggregate, better than 108% in 2017 but higher than the 93% average over the past five years
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AnalysisBaden-Baden: Hannover Re expects German rates rise in 2020
German reinsurer E+S Rück said its home market should see improved rates and conditions next year
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News AgendaBaden-Baden: Is re/insurance ready for Industry 4.0? - GC Symposium
Reinsurance broker Guy Carpenter kicks off 2019’s Baden-Baden Reinsurance Meeting by asking whether the sector is ready for the forces of the fourth industrial revolution – so-called Industry 4.0
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News AgendaAon launches US regional insurers’ group
Re/insurance broker Aon has launched a group for US regional insurer clients, but is planning global rollout
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News AgendaHow a no-deal Brexit could affect reinsurers
UK-domiciled reinsurers have responded to Brexit by establishing alternative platforms on the continent that will retain passporting rights irrespective of the eventual Brexit outcome. Clare Ruel reports
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AnalysisWhat if 1989’s Loma Prieta Earthquake happened today?
Same earthquake hitting the Northeast Bay today could create a $27bn insured loss and a $184bn economic loss in the heart of Silicon Valley, according to an RMS catastrophe modelling study
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News AgendaSamengo-Turner appointed global fac leader at Guy Carpenter
He steps up to the global fac role in London after leading Marsh JLT Specialty Asia in Hong Kong, where a replacement has already been found
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AnalysisClimate risk: new PRA requirements come into force
New requirements to enhance insurers’ approaches to managing the financial risks from climate change came into effect on 15 October from the UK’s Prudential Regulation Authority
