Technical Feature - P&I Clubs: Skuld Continues Strategy to Price Risks Accurately
Insights - Riding Out the Storm with Sound Risk Management Solutions
Global News - Insurance the Only Capital Available for Risk
In the past five years, Skuld has asked for one of the lowest general increases, and has not asked for any supplementary calls. Mr Christopher Hall, Vice President and Head of Skuld Singapore Representative Office, said that such saving is the “bottom line” advantage enjoyed by their members as a result of their sophisticated and responsible approach to underwriting. He also shares with Asia Insurance Review his views on the current crisis, updates on P&I claims as well as what Skuld’s strategies are for 2009.
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The difficult market climate today is providing RSA in Asia with opportunities to reaffirm itself as the preferred insurer. RSA Singapore and RSA China share how they are riding the storm with a focus on its Risk Management Solutions and other key sectors.
With the failure of investment banks and capital markets, insurance may be the only capital available for risk, said Mr Joe Plumeri, Chairman and CEO of Willis Group Holdings.