AM Best Audio

Tony Egerton, CEO, Nexus Asia, said greater clarity on the responsibilities and authority of MGAs would allow for greater innovation in regional Asian markets. Egerton spoke with AM Best TV at the Singapore International Reinsurance Conference.

Ivan Gonzalez, CEO, Swiss Re China, said foreign reinsurance capital remains an important element of China's insurance sector. Gonzalez spoke with AM Best TV at the Singapore International Reinsurance Conference.

Juan Marcano, principal, alternative risk transfer, CyberCube, said modeling for insurance-linked securities is expanding to include cyber, life, illness, specialty and other risks. Marcano spoke with AM Best TV at the Singapore International Reinsurance Conference.

Jayanta Guin, executive vice president, Verisk, said modeling advances allow insurers to look beyond what were traditionally considered primary perils. Guin spoke with AM Best TV at the Singapore International Reinsurance Conference.

Hui Yen, regional director, head of analytics, Asia-Pacific, Gallagher Re, said where the cost of insurance or the point at which insurance coverage begins can be a substantial portion of a company's capital. Yen spoke with AM Best TV at the Singapore International Reinsurance Conference.

Anjali Nagrani, principal product advisor, CyberCube, said the cyber insurance niche is evolving and complicated. Nagrani spoke with AM Best TV at the Singapore International Reinsurance Conference.

Himavant Mulugu, director for impact forecasting, Aon, said developing risk models and forecasting involves hydrologists, statisticians, programmers, and experts in financial mathematics, probability, and extreme value theory. Mulugu spoke with AM Best TV at the Singapore International Reinsurance Conference.

Pavlos Spyropoulos, regional managing director, Asia, Tokio Marine Kiln, cited increased costs in labor and materials for property rebuilding as an example of how inflation can escalate claim costs. Spyropoulos spoke with AM Best TV at the Singapore International Reinsurance Conference.

Javkhlant Batmunkh, Mongolian Re, said the Mongolian government is moving toward a broader disaster risk framework. Batmunkh spoke with AM Best TV at the Singapore International Reinsurance Conference.

Ian Lim, CEO, Lexasure Financial Group, said digitally enabling client companies helps to provide support to a wide range of coverage areas. Lim spoke with AM Best TV at the Singapore International Reinsurance Conference.

Chris Lim, Yi Ding and Ken Lau, all of AM Best, said the calibration of an NSR is specific and unique to each country. The three spoke with AM Best TV at the Singapore International Reinsurance Conference.

Ahmad Noor Azhari, CEO, Malaysian Re, cautioned that some insurance companies view reinsurance as a tool to propel top-line growth. Azhari spoke with AM Best TV at the Singapore International Reinsurance Conference.

The pace of change will never be this slow again, said Mo Tooker, head of Enterprise Sales & Distribution, Global Specialty, and Middle & Large Commercial, Hartford Financial, referencing the insurer's new Risk Monitor Report.

Allianz Report Identifies Major D&O Risk Trends Vanessa Maxwell, global head of financial lines for Allianz Commercial, discusses the company's recently released report that identifies the major directors and officers risk trends for 2024, including insolvencies, artificial intelligence and geopolitical risks.

Standard and nonstandard auto insurers are challenged by higher repair costs, labor and supply chain issues, and rising fatalities, said AM Best Associate Director David Blades and Associate Analyst Nasheeta Mahbub.