New products needed to close protection gap, says MASAugust 4 2017 by InsuranceAsia News Staff
- October 27
Insurers say renewable business lines have struggled with profitability for many years.
- October 21
Losses are expected to run into the tens of millions of dollars.
- September 29
Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.
- August 6
The Singapore-based executive takes over from Danh Duong, who will now focus on operations in Vietnam.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.