Catex' Fortunato: Data Gaps in Asia Have Global Impact

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Frank Fortunato, CEO, Catex, said risk data is in shorter supply in many parts of Asia, which is one reason the world did not realize how broadly flooding in Thailand would impact global supply chains.

 

Swiss Re's Ryan: Sensor Tech Changes Insurance Paradigm

Daniel Ryan, Managing Director and Head Insurance Risk Research, Swiss Re Institute, said the explosive growth of sensor technology means that insurers and reinsurers will increasingly be in the business of detecting and preventing risk.

 

RMS' Williams: Tsunami Models Will Help Bring the Full Picture to Typhoon, Quake

Chesley Williams, senior director, model product management, RMS, said modelers are focusing on the events that occur after the initial peril.

 

Munich Re's Pohlchristoph: Busy Cat Year in Asia Should Affect Pricing

Hermann Pohlchristoph, board member for Asia Pacific, Munich Re, said the global reinsurer has realigned its organization to better match regions of the world.

 

Axis Re's Arora: Succeeding in Asia Means Playing the Long Game

Steve Arora, CEO, Axis Re, said global prices are unsustainable but should adjust if insurers are willing to price realistically.

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