AM Best's Carter: More Asian Domiciles Are Moving to Risk-Based Regulatory Systems

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Greg Carter, managing director of analytics for EMEA and Asia-Pacific, AM Best, said risk-based capital regulatory systems generally give rise to a stronger insurance sector, although operating performance can lag in the short term.

 

AM Best: Third-Party Capital Expected to Continue to Grow in Reinsurance

Third-party capital, once seen as a threat to the traditional market, is now being embraced, AM Best said during AM Best's 2019 Market Briefing at the 16th Annual Singapore International Reinsurance Conference.
 

Lloyd's Kelly: Insurers Must Sharpen Focus on Coverage of Intangible Risks

Angela Kelly, Singapore country manager, Lloyd's, said changing lifestyles and risk environments mean insurers must identify new types of risk and match them to coverage.

 

SIRC Attendees: Recent Catastrophes Shift Focus to Cat Modeling

Recent natural catastrophe losses in Asia/Pacific have highlighted the challenges of cat modeling, SIRC attendees said.

 

NMG's Prichard: Technology Advances Are Set to Bring Exponential Change

Mark Prichard, chief executive officer, NMG Consulting, said insurers in countries such as China and South Korea are demonstrating tech-based innovation, but those developments have been slow to develop in many other markets.

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