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

      6:01

      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.

       

      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.
       

      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.
       

      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.
       

      JBA's Willis: Asia's River Basins Can Attract Accumulation Risk

      Iain Willis, technical director, JBA Risk Management, said Asian insurers are showing greater interest in data on coastal flooding. High-profile river floods have highlighted the danger of concentrating industry in river basins, he said.
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