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

5:01

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.

 

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.
 

SIRC Panel Focuses on Resilience, Education, Underwriting

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.
 

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.
Copyright © 2022 A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.