Magazine Table of Contents
September marks the start of renewal season with the Monte Carlo Rendezvous, and like in recent years it remains a buyers' market in reinsurance. We bring you a roundup of views of insurers and brokers on the expectations of reinsurance buyers in Asia.
Mr Chris Kershaw of Peak Re stresses the need for a reinsurer to be relevant to its clients, meeting their new demands in the evolving marketplace and to adopt more long-term thinking.
With the passing of the Insurance (Laws) Amendment Bill, 2015 by the Central Government and new draft rules for the reinsurance industry in the offing, the reinsurance segment in India is likely to see heightened action in the next few months with not only international reinsurers, but also a number of domestic entities planning to enter the reinsurance space.
By Jimmy John
Mr Andrew Flitcroft of General Reinsurance Australia shares the two questions insurers are likely to ask with regard to the new capital in the market.