Climate change, capital management and the changing nature of risk are set to be the dominant trends across Asia’s insurance landscape in 2024, according to Guy Carpenter’s regional CEO Tony Gallagher.
In an interview with The Insurer, Gallagher highlighted that catastrophe bonds and parametric solutions are gaining traction in the region in response to these challenges.
“With ever-changing reinsurer and insurer risk appetites and the dynamic risk landscape, we observe that the catastrophe bond market is gaining traction in the region. I think…
