Posts Tagged ‘South East Asia’



September 29th, 2011

Asia Typhoon Models

Posted at 1:00 AM ET

RMS RiskLink v11.0 (SP2)

RMS launched its Hong Kong typhoon model several years ago and expanded its coverage to China in 2011. Unlike other vendor models, RMS’s update offers modeling with demand surge and many secondary modifiers.

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January 24th, 2011

2011 Reinsurance Renewal Rates: South East Asia

Posted at 1:00 AM ET

141x141jan1thumb29Philippines

Filipino catastrophe excess of loss clients have tended toward increased event cover in 2011 as a result of continually increasing exposures and the jump in loss reserves from 2009 typhoons Ondoy and Pepeng. Furthermore, reinsurers felt that 2010 pricing did not reflect true experience as clients were still gathering information on the typhoons, putting upward pressure on pricing. That said, to combat upward pressure on pricing, cedents offered private layers to leaders that reduced pricing on the main programs.

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