Indonesia Re's Sahusilawane: Reinsurance Sector in Transition

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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.

 

Toa Re's Mizui: Some Asian Catastrophes Caught Reinsurers by Surprise

Yoshimitsu Mizui, underwriting and planning manager, Toa Re, said losses from floods in Thailand and port explosions in China surprised some reinsurers more than an earthquake in Japan, an event that insurers better anticipated.
 

Scor's Blanc: Asia's Concentrated Assets Need Better Data, Modeling

Michel Blanc of Scor said insurance penetration is growing in some Asian markets but that the recent blast at the port city of Tianjin, China, highlights the need for better understanding of large-scale risks in the region.
 

Peak Re's Hahn: To Insure Middle Class, Industry Must Step out Comfort Zone

Franz Hahn, CEO, Peak Re, said that insurers have made as much progress as needed in insuring Asia's rising middle class from catastrophes and other risks. If insurers don't lead the way solutions will come from other sectors, 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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