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Singapore Conference, Finances and Innovation

AMBestTV reports on some nonlife insurers in Japan looking beyond their borders and other news from the Singapore International Reinsurance Conference; improving women’s financial resiliency; and dealing with innovation.
  • February 2019
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Graham Clark

Graham Clark

Japan Risk Chairman: Japanese Nonlife Insurers Extending Reach Worldwide

Graham Clark, chairman, Japan Risk Specialist Ltd., said Japan is dominated by three large nonlife insurers, but those insurers have shown increased appetite for business in other parts of the world. Meanwhile, more than 90 monoline carriers have sprung up to serve targeted risks. Clark spoke with AMBestTV at the Singapore International Reinsurance Conference. (Oct. 29, 2018).


Angela Kelly

Angela Kelly

Lloyd’s Asia-Pacific CEO: Building Up in Asia Today Will Pay Off for Decades

Angela Kelly, chief executive officer, Lloyd’s Asia-Pacific, said the London-based insurance market continues to expand its Asian presence, with China, Indonesia and India predicted to become dominant players in the global economy by 2050. Kelly spoke with AMBestTV at the Singapore International Reinsurance Conference. (Oct. 29, 2018)


Jane Portas

Jane Portas

PwC Partner: To Support Women’s Financial Futures, Focus on Key Moments

Jane Portas, partner, PwC, said directing attention to key life points through human resources and market solutions will help improve women’s financial resiliency. She said data shows there are financial resilience issues for both men and women, but it’s much more pronounced for women and the Insuring Futures program and a component of that, Insuring Women’s Futures, is seeking to address those issues. (Dec. 21, 2018).


Lucien Mounier

Lucien Mounier

Beazley Head of AP: China’s Belt & Road Initiative Spurs Political Risk Cover

Lucien Mounier, head of Asia-Pacific, Beazley, said specialty insurance is finding a foothold throughout Asia, including for sporting events, cyber coverage and more. Mounier spoke with AMBestTV at the Singapore International Reinsurance Conference. (Oct. 29, 2018).


Pat Saporito

Pat Saporito

SAP Senior Director: Innovation Is Hard But Measuring It Can Be Even Harder

Patricia Saporito, senior director, SAP Global Center of Excellence for Analytics, said insurers have embraced the need to rapidly leverage new technologies and capabilities, but many are still wrestling with how to build innovation into their organization. (Dec. 3, 2018).


Doniella Pliss

Doniella Pliss

AM Best’s Pliss: Good Results, Uncertain Regulation Support Stable Outlook for US Health

Doniella Pliss, associate director, AM Best, said multiparty control in Congress is less likely to produce large-scale legislative action in health care, but state regulators could affect specific sectors. (Dec. 12, 2018).


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Cyberbreaches, Promoting Gun Safety

AMBest Radio speaks with experts on cyber regulation and gun violence.

 

AIR’s Stransky: Regulatory Expansion Drives Cyber Market

Scott Stransky, assistant vice president and director of emerging risk modeling, AIR Worldwide, said evolving cyberrisk models can’t predict the next breach, but are better at identifying environments in which cyberbreaches are more likely.


UConn’s Kochenburger: Insurance Can Help Prevent Gun Violence

Peter Kochenburger, professor, University of Connecticut School of Law, said insurers could help promote gun safety through policy design and how they underwrite locations where firearms are present.


Find AMBestRadio at www.ambest.com/ambradio.

 


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