Spotlight Archives - InsuranceAsia News https://insuranceasianews.com/post_category/spotlight/ Tue, 15 Oct 2024 01:41:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Secondary perils are the risk of the future: Munich Re’s Serene Chan https://insuranceasianews.com/secondary-perils-are-the-risk-of-the-future-munich-res-serene-chan/ Sun, 13 Oct 2024 23:30:19 +0000 https://insuranceasianews.com/?p=164481 The reinsurer’s new Greater China P&C head discusses pricing trends, shift to non-proportional, cyber appetite and need for model robustness.

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“Secondary perils are the risks of the future,” according to Serene Chan, Munich Re’s head of P&C for Greater China.
Pointing out that 76% of the insured losses in the first half this year came fr...

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]]> Seadrif targets Asean expansion as it ramps up advocacy to tackle bottlenecks https://insuranceasianews.com/seadrif-plots-south-east-asia-expansion-as-it-ramps-up-advocacy-to-tackle-data-and-awareness-bottleneck/ Sun, 29 Sep 2024 23:30:15 +0000 https://insuranceasianews.com/?p=163736 While it has achieved success in Laos, a significant protection gap persists in the region, highlighting the need for improved data management and government support for effective disaster risk solutions, chairman Yoshihiro Kawai tells IAN.  

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The Southeast Asia Disaster Risk Insurance Facility (Seadrif) has big plans for the region as it looks to expand its coverage other markets such as the Philippines and Vietnam. But limitations of data...

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]]> Hong Kong’s Asia Insurance buoyant on D&O as reforms unleash demand https://insuranceasianews.com/asia-insurance-buoyant-on-do-as-hong-kong-reforms-unleash-demand/ Mon, 16 Sep 2024 23:30:00 +0000 https://insuranceasianews.com/?p=162081 The city's proposed corporate governance revamp and the newly launched RBC regime will open up opportunities for professional lines, and trigger industry consolidation as compliance costs mount, according to CEO Winnie Wong.

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Hong Kong home-grown P&C carrier Asia Insurance is expecting growth opportunities in the city’s professional line market as an increasing focus on corporate governance and ESG will bolster demand ...

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]]> Pacific islands cat pool PCRIC mulls expansion into private sector cover https://insuranceasianews.com/pacific-islands-captive-pcric-mulls-expansion-into-private-sector-insurance/ Wed, 04 Sep 2024 23:30:48 +0000 https://insuranceasianews.com/?p=162044 The captive for the island nations is looking at extending parametric solutions to the underserved private sectors such as tourism, fisheries, and utilities, according to chief executive Aholotu Palu.

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Pacific islands captive Pacific Catastrophe Insurance Risk Insurance Company (PCRIC) is looking to expand beyond their current role as a sovereign-focused insurer into providing coverage also for priv...

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]]> Blue Marble plans Asia expansion to bring insurance to the underserved https://insuranceasianews.com/blue-marble-charts-expansion-in-asias-underserved-communities/ Thu, 29 Aug 2024 23:30:41 +0000 https://insuranceasianews.com/?p=161626 Through public-private partnerships, developing prototypes on the ground and using AI as a way to enhance pricing and modelling, the parametric insurtech is expanding its programs in the region which its CEO Jaime de Pinies describes as a "patience game".

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Parametric insurtech Blue Marble, the London-based company specialised in bringing insurance protection to the disadvantaged,  is looking to grow its Asia Pacific presence through public-private part...

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]]> Complex claims in Asia set to dictate future adjusting demand: Crawford’s Reichelt https://insuranceasianews.com/more-complex-claims-in-asia-will-define-future-adjust-demand-crawford-asia-president/ Sun, 25 Aug 2024 23:30:18 +0000 https://insuranceasianews.com/?p=161150 The growing scale and complexity of losses in Asia mean that the global loss adjuster is ready to respond to the demand for assessing high-value, technical claims as it continues to build out technical expertise in Singapore and tailor claims processing for clients in Japan.

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Global loss adjuster Crawford is in a good position to make the most of the region’s changing claims environment, according to its Asia president Scott Reichelt.
The growing scale and complexity of lo...

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]]> Renewables fuel Munich Re Specialty Asia syndicate’s regional diversification strategy https://insuranceasianews.com/renewables-fuel-munich-re-specialty-asia-syndicates-regional-diversification-strategy/ Mon, 19 Aug 2024 23:30:47 +0000 https://insuranceasianews.com/?p=160246 Following the rebranding of all primary specialty insurance entities under one brand, Munich Re's APAC underwriting hub in Singapore is diversifying away from its traditional focus on marine and energy and also expanding into cyber, political risks, financial lines.

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Munich Re’s Lloyd’s Asia platform’s diversification play with a focus on specialty lines is riding on the region’s energy transition push.
Munich Re Specialty – Global Markets, Syndicate Asia, which i...

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]]> Canopius CEO highlights strong pipeline for APAC H2 growth https://insuranceasianews.com/canopius-ceo-highlights-strong-pipeline-for-apac-h2-growth/ Tue, 13 Aug 2024 23:30:06 +0000 https://insuranceasianews.com/?p=160365 With a new regional CEO in place, the carrier is optimistic about growth prospects for the remainder of the year.

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Lloyd’s player Canopius’ regional operations, which are written out of Lloyd’s Singapore hub, are expected to see improved growth during the second half of 2024 (H2 2024) after double-digit growth in ...

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]]> HDI Global raises bet on APAC with specialty, renewable push https://insuranceasianews.com/hdi-global-raises-bet-on-apac-with-specialty-renewable-push/ Mon, 12 Aug 2024 23:30:00 +0000 https://insuranceasianews.com/?p=159753 The carrier has dialled up its political and credit risks capabilities in Singapore and is eyeing energy transition in ANZ, say APAC head Stefan Feldmann, and Alex Tarantino, MD for Singapore.

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Industrial lines specialist HDI Global is beefing up its specialty product capabilities in Asia Pacific with investment in underwriting talents and building out new products across the region. 
“This ...

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]]> Howden Re sets out long-term Japan plan, in no hurry for results: Kentaro Tada https://insuranceasianews.com/howden-re-sets-out-long-term-japan-strategy-no-hurry-to-achieve-results-kentaro-tada/ Tue, 06 Aug 2024 23:30:25 +0000 https://insuranceasianews.com/?p=159330 The reinsurance broker that announced its market entry last month is eyeing life and ILS build-out in the country, says the newly installed CEO.

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Howden Re is poised to address the unique challenges and opportunities in the Japanese reinsurance market following its launch in the country in July with a particular focus on life reinsurance and in...

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