Guy Carpenter

Property catastrophe reinsurance rates were generally flat to slightly down.

2024 could potentially exceed ¥150b ($0.94b) in insured losses.

Asia saw $25b in private equity-backed reinsurance transactions in 2023.

Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.

Chu has been in the reinsurance market throughout his 30-year career.

A new CEO will lead the Pacific region.

The insurance industry’s snail pace in providing capacity for RE projects, the committee aims to jumpstart the progress.

Repricing risks, using quality data, and seeking alternative solutions are fundamental steps for insurers.

The 2008 rainstorm alone generated HK$237m incurred claims.

The industry is positioned for growth.

Risks in the reinsurance market are evolving, forcing the industry to innovate and leverage technology.

Michael Harden brings with him 45 years of experience in the industry.