Jessica Li is a Reporter at (Re)in Asia, following the appointments, ratings and deals shaping the region's insurers. Areas of specialty include senior people moves, insurer ratings actions, and M&A across marine, financial and reinsurance lines in markets including Vietnam, Hong Kong, Korea and India.
Reinsurance and cat bond cover will limit the earnings hit, but the agency said semiconductor-driven industry clusters could push net losses above 2016's.
The Bangkok-based director joins from Allianz Ayudhya, where he ran the insurer's international private medical portfolio across individual, SME, and large corporate business.
She reports to Asia claims head Bo Yu and will manage claims from Markel's Hong Kong and China portfolio, with a focus on professional and financial risks.
Kita will supply satellite-based project risk analytics to Tokio Marine & Nichido customers under an expanded agreement covering three group companies.
Insurance research institute told a Seoul workshop that correlated shocks from both perils need dispersing through reinsurance, capital markets, and a defined public-private framework.
