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- November 1 2023
APRA applies US$12.7m capital requirement to RAC Insurance after governance review
A review by the regulator revealed significant weaknesses in areas of outsourcing controls, conflict management and board decision making at the Western Australia motor insurer.
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- November 1 2023
SIRC: ‘There are more purchases towards the capital piece than the earnings piece’ — Gallagher Re’s Mark Morley
The broker's head of Asia Pacific is looking for a 'more nuanced approach' to the upcoming 1.1 renewals as it targets ‘ambitious’ growth around the region.
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- November 1 2023
A one-time underwriting adjustment isn’t enough, says Peak Re’s Hahn
The mid-year results of this year are a great encouragement, but they are only a drop on the hot stove and they don’t yet move the dial for the capital markets
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- November 1 2023
There is reinsurance capacity, but pricing at lower layers need to reflect recent losses: Moody’s RMS
Andrew Hare, Moody’s RMS’ APAC managing director, discusses cat activity in the region, modelling and pricing
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- November 1 2023
Climate volatility is driving capital-efficient solutions for (re)insurers
Brad Weir, head of analytics for Asia, Aon’s Reinsurance Solutions, provides insights into climate trends in the region and how the firm is shaping better decisions for its clients
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- November 1 2023
Communication is better this year, and expectations are more realistic
While rates are rising in some markets, there is “still more to go everywhere”, says TransRe’s Rob Saville
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- November 1 2023
Everest Re eyes ‘significant’ 2024 APAC growth
IAN caught up with Kevin Bogardus, chief executive, Singapore branch, about the company’s regional plans
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- November 1 2023
SIRC: Renewables, underinsurance, nat cats and cyber risks are reinsurance’s APAC focal point — CEOs
The panel, chaired by James Vickers, international chairman at Gallagher Re, was Renaud Guidée, CEO - reinsurance, Axa XL, Achim Kassow, member of the board of management, Munich Re and Swiss Re's Urs Baertschi, CEO, P&C Reinsurance.
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- October 31 2023
Howden Tiger sees terms and conditions as key market theme
The reinsurance broker’s APAC CEO, Stuart Beatty, gives his perspectives on emerging themes for upcoming renewals
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- October 31 2023
Beazley looking to add depth to Asian operations
The specialist (re)insurer’s focus on diversification has paid rich dividends and itis now preparing to build on it, says Lucien Mounier, head of Asia Pacific
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- October 31 2023
Hard markets driving new needs for region’s carriers: Aon’s John Morley
The APAC CEO for Aon’s Strategy and Technology Group discusses strategic priorities in the region and emerging industry trends
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- October 31 2023
CCR Re ready to bring additional capacity in a disciplined APAC market
The French reinsurer, armed with a capital injection from new owners, has ambitious underwriting targets, says chief underwriting officer Hervé Nessi
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- October 31 2023
It will become harder to place aggregate XL covers: Allianz Re’s Denis Pehar
Reinsurers’ prefer named perils, per occurrence, per event covers instead of aggregates
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- October 31 2023
Miller sets sights on continued regional expansion across Asia
Broker to target tripartite growth across product lines, geographies, and distribution capabilities
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- October 31 2023
SIRC kicks off with focus on Asean co-operation, data and cyber, climate risks
The 19th Singapore International Reinsurance Conference (SIRС) themed ‘reinsurance reset’ has welcomed 2,772 delegates from 72 countries.
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- October 31 2023
ICA accepts seven recommendations from post-flood review
Global consultancy Deloitte has highlighted several areas where insurers fell short of best practices while dealing with the February to March 2022 floods.
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- October 31 2023
AXA XL | Battery-powered ships: Moving from the drawing board to the seas
Electric ferries are increasing in popularity but there is plenty of work ahead to move away from ships using heavy diesel oil.
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- October 31 2023
Allianz Trade’s Tricia Koh named commercial director for Hong Kong, Taiwan and South Korea
Koh is replacing Hassan Omaish who has taken up the role of global head of brokers and partnerships from Paris.
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- October 31 2023
Markel makes three appointments in Australia
Ahmed Farag joins as head of casualty, Kym Beazleigh becomes head of professional and financial risk and head of Sydney and Arné Booysen a senior PI underwriter.
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- October 31 2023
SIRC: Low-level aggregate covers will not be in our appetite — Hannover Re’s Sharon Ooi
Talking to IAN, Ooi, who oversees APAC, says markets that don’t want to address pricing disconnects will struggle, but that she expects 'disciplined' capacity to be available.
