Fosun said to be leading bids for ACR

Fosun said to be leading bids for ACR

Fosun said to be leading bids for ACR

Fosun International, the Chinese conglomerate that has recently built a strong position in the international insurance and reinsurance market, is said to be at the head of a pack of investors looking at a $1bn acquisition of Singapore-based ACR Capital Holdings.

Swiss Re calls for industry focus on future risks

Swiss Re calls for industry focus on future risks

Swiss Re calls for industry focus on future risks

A new report from Swiss Re on emerging risks has called for more collaboration between insurers and their corporate buyers. While many of the highlighted risks may only be fully revealed to future generations, a more active approach to their management will alleviate the future burden and make for a more resilient society and a more sustainable insurance business, argues Swiss Re.

Risk managers and insurers need more sophisticated approach as focus turns to intangible risks

Risk managers and insurers need more sophisticated approach as focus turns to intangible risks

Risk managers and insurers need more sophisticated approach as focus turns to intangible risks

Business leaders in the Asia-Pacific region need to adopt a more sophisticated approach to insurance management, starting with more effective identification and measurement of intangible threats such as supply chain risk, according to Franck Baron and Kelvin Wu of Parima. But insurers also need to step up their efforts to more accurately assess the risk and recognise the effort made by customers.

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