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.

 

Beazley's Mounier: Building Distribution in Asia Means Building Multiple Alliances

Lucien Mounier, head of Asia-Pacific, Beazley Syndicate, said reaching Asia's diverse markets is a team effort that involves working with MGAs, local insurers and others.

 

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.

 

AM Best's Ryrie: Insurance Growth, Cross-Border Operations Create Demand for Ratings

Scott Ryrie, co-CEO, AM Best Singapore, said Indonesia, Thailand, the Philippines and other Asian locales have shown growing demand for ratings.

 

Axis Re's Arora: Asia Is a Local Market, Except When It Comes to Catastrophes

Steve Arora, chief executive officer, Axis Re, said events across the globe can affect overall profitability of catastrophe coverage.

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