AON Asia Market Review 2016
February 18 2016
Last year saw continued pricing pressures across most classes and a challenging investment environment that forced underwriters to focus on improving underwriting performance.
While both insurance and reinsurance markets continue to be very competitive, there is a growing recognition that continued reduction in rates and broadening of terms and conditions is not sustainable in the medium term, particularly in the current economic environment. However, market capacity generally remains plentiful.
Another relatively benign year saw very few significant insurable losses despite some regional and global insurers sustaining large losses, such as the Tianjin China port explosion. However, this seemingly had little effect on the local Chinese market or the region as a whole. Coupled with more than adequate capacity in the region, the current competitive environment appears very sustainable.
Whether the recent El Niño effect causes any change of note during 2016 remains to be seen; and how the industry deals with fast-emerging risks continues to be a challenge for the market. Where emerging risk is concerned, the more data and analytics that can be brought to bear is of immense importance to all involved.
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SIRC: Distinct reinsurance solutions are emerging to address emerging capital strategies: Guy Carpenter
- November 4
As insurers improve their understanding of the risks they are carrying and capital productivity, structured reinsurance and alternative sources of reinsurance capital are being increasingly considered, Guy Carpenter’s Justin Ward says.
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QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
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Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
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Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
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Beazley | Navigating geopolitical risks at sea
Maritime shipping faces growing geopolitical threats—missiles, drones, GPS interference, and cyber sabotage—requiring better intelligence, crew welfare, and resilience measures.
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Zurich | Why resilience will define the winners of Asia’s clean energy transition
Planning for future conditions from the outset can improve operational reliability, reduce potential disruption and protect long-term asset value.
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Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform
Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value.
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BlackRock | Rethink the rules: how TAA and ETFs are reshaping portfolio construction
BlackRock's Daniel Caderas and MSCI's Raman Aylur Subramanian explain why tactical asset allocation (TAA) and exchange-traded funds (ETF) have become essential as global markets fragment and static allocations lose their reliability.
