Reinsurers want to work long-term with insurers, and during times of stress, especially after natural catastrophic events, established relationships are important. A good long-term partnership is also needed to grow the marketplace as well as collect data which is so crucial as natural disasters seem to be increasing in both frequency and intensity. These were some of the points made during the 10th Conference on Catastrophe Insurance in Asia.
By Benjamin Ang
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Given the still dominant concept of using microinsurance as a CSR or charitable tool to help the poor, a call was made at the 6th Asia Microinsurance Conference that it should have a price for people to realise its value.
By Manuelita Contreras
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On the occasion of the 6th East Asian Insurance Day on 18 October, I would like to offer my views and report on recent GIAJ initiatives.
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