Munich Re's Farny: Opportunities Emerging in China Beyond Motor

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Tobias Farny, Munich Re's chief executive Asia Pacific covering greater China, Australia and New Zealand, said the Chinese insurance market remains dominated by motor insurance, with the next stages of growth set for personal and commercial coverage.

 

Data Drives New Exposures, Coverages and Competition

Insurers at the 14th Singapore International Reinsurance Conference said demand for cyber coverage is surging, and that staying ahead means finding new ways to acquire and analyze a wider range of data sources.
 

Markel's Cannock: Major Cats Put Spotlight on ILS Products

Matt Cannock, principal officer and managing director, Markel International, said losses in the U.S. have the insurance industry watching how insurance-linked securities will perform.

 

AIR's Simic: Aggregate Losses From Smaller Cats Can Surpass Major Events

Milan Simic, executive vice president and managing director, international operations, AIR Worldwide, said Asia has already been home to a broad range of catastrophes.

 

RMS' Burgess: Data Privacy Rules Could Constrain Modelers' Abilities

Paul Burgess, vice president, RMS, said developing laws in Asia and elsewhere could hamper insurers' abilities to share and use data that could be used to improve models and predict risk.

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