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ACR Capital Holdings Pte. Ltd. ("ACR") was established in November 2006 to serve the risk solutions needs of the pan-Asian region. ACR's group of companies includes wholly owned subsidiaries, Asia Capital Reinsurance Group Pte. Ltd. ("Asia Capital Re") an ... more
Senior Vice President, Head of Natural Perils, Strategic Business Development
Director of the Division Natural Catastrophes
The 3rd Annual Risk Management Summit | First Pacific Leadership Academy
"While unmodelled sub-perils such as liquefaction, fire following an earthquake, tsunami, or rain following a cyclone have always been 'factored in using some type of loading', the insurance industry must nevertheless 'wise up to inherent uncertainties, as highlighted from the unexpected scale of impact from liquefaction post-Canterbury quakes.'"
Meanwhile, Dr Corona cautioned against governments taking on a protectionist stance "to retain business, and therefore more risk within their countries".
Citing recent regulations introduced in China and Indonesia as examples,
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