Markel's Cannock: Consistency Matters In Growing Markets

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Matt Cannock, managing director for Asia, Markel International, said some insurers have been entering and leaving markets, creating uncertainty about the commitment of the industry to Asia.

 

Catex' Fortunato: Data Gaps in Asia Have Global Impact

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.

 

A.M. Best's Lee: Northeast Asian Countries Face Different Challenges

Christie Lee, director of analytics, A.M. Best, said insurers in Japan are dealing with catastrophes, insurers in Korea are dealing with regulatory and accounting changes, and insurers in China are wrestling with tight underwriting margins.

 

Peak Re's Hahn: Mutuals and Cooperatives Account for Surprising Share of Business

Franz Josef Hahn, CEO, Peak Re, said mutual and cooperative insurers have a strong presence in the U.S. and Europe, and are an emerging force in China.

 

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.

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