Data Drives New Exposures, Coverages and Competition

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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.

 

Peak Re's Hahn: China's Insurance Tech, Products Developing at a Rapid Rate

Franz Hahn, CEO, Peak Re, said Asia's largest market is making room for innovation, with early impact in coverage for professionals. Eventually, the technology will reach households.

 

Guy Carpenter's Gallagher: Distribution Is Top Challenge for Insurers in Asia

Tony Gallagher, chief executive, Asia Pacific, Guy Carpenter, said mature markets in Asia are dealing with the challenges of insurtech and new forms of distribution.

 

Marnix's Komoguchi: Japan's Insurance Market Mature, but Poised for Change

Toru Komoguchi, president and CEO, Marnix, said Japan is dominated by three large nonlife insurers, but changes are afoot to make it more flexible and competitive.

 

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

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.
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