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.
Oct. 31, 2023
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AM Best Panel at SIRC: National Scale Ratings Vary by Country Due to Market Characteristics
Guy Carpenter's Carter: Lloyd's Market Provides Broader Reach for Captive Insurers
Mongolian Re's Batmunkh: Reinsurance a Key Element of Country's Disaster Risk System
Swiss Re's Gonzalez: Shanghai Early in Development as Global Reinsurance Hub
Guy Carpenter's O'Brien and Chahid: Cyberattacks a Growing Part of Geopolitical Conflict
Lexasure's Lim: Strategy Is to Support Growth Via 'Reinsurance as a Service'
Swan Re's Garg: Global Uncertainty Raises Interest in Strikes, Riots, Civil Commotion Coverage
Gallagher Re's Yen: Pricing, Attachment Issues Have Significant Impacts in Regional Markets
Aspen's Welch and Boon: Asian Markets Are Diverse, Clients Look Beyond Pricing
Malaysian Re's Azhari: The Fundamental Purpose of Reinsurance Is Risk Management
Aon's Mulugu: Risk Modeling Takes Time, Resources and Varied Skills
Nexus' Egerton: Asia Needs Regulatory Clarity on the Role of MGAs
TMK's Spyropoulos: Catastrophes, Inflation Combine to Drive Up Claims Costs
Verisk's Guin: Classifying Some Perils as 'Secondary' May Be Misleading
CyberCube's Marcano: Insurance-Linked Securities Are Extending Their Reach
CyberCube's Nagrani: Understanding Cyberrisk Requires Diverse Viewpoints
Swiss Re's Baertschi: 86% of Nat Cat Losses in Asia-Pacific Regional Uninsured
CoreLogic's Forde and Porter: 60% of Major Losses in Past Year Were in Asia-Pacific