SIRC Panel Focuses on Resilience, Education, Underwriting

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Philippe Domart of Partner Re Asia and Vincent Vandendael of Lloyd's identified the need to build resilience, consistent underwriting and better awareness of the benefits of insurance as key issues for Asian insurance markets.

 

PhilNaRe's Hidalgo: Risk Based Capital Rules to Reshape Market

Augusto Hidalgo, CEO, Philippine National Reinsurance Corp., said new regulations that focus on solvency will force some Philippine insurers to make hard choices as they decide how to deploy and reinsure capital.
 

GIC Re's Kumar: India Poised for Insurance Growth, Competition

Lowered barriers to foreign insurers and a fast-growing economy are driving insurance activity in India, K. Sanath Kumar of GIC Re said. Meanwhile, GIC Re is moving ahead with global expansion.
 

Indonesia Re's Sahusilawane: Reinsurance Sector in Transition

Frans Sahusilawane, president and director, Indonesia Re, said three Indonesian state owned reinsurers are becoming one. Expected new capacity and rules about capital should help the nation's insurance industry better handle catastrophies, he said.
 

A.M. Best Panel: Asian Reinsurers Work With Global Counterparts

John Andre, Robert DeRose and Moungmo Lee of the A.M. Best company reviewed current developments in the global reinsurance sector and examine how Asia-based reinsurers are using global relationships to support local markets.
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