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

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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.

 

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.
 

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.
 

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.
 

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.
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