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

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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.

 

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.

 

RMS' Woodhouse: Japan Storms Stress Supply Chains, Business Interruption

Andy Woodhouse, managing director, Asia-Pacific, RMS, said 20% to 30% of Japan's economy is based on technology and dependent on complex supply chains.

 

Asia Affinity's Clark: Japanese Insurers Extend Reach Throughout Asia, the World

Graham Clark, chairman, Asia Affinity Holdings, said Japanese life and non-life insurers have been following a strategy of building and acquiring business outside of Japan.

 

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.

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