Video from ILS Asia 2023. Corporate risk & the role of ILS panel

This video features the sixth session of the day at our Artemis ILS Asia 2023 conference, held in Singapore on July 13th 2023, a panel discussion focused on corporate risk, with reference to risk managers in the Asian region, and the potential for insurance-linked securities (ILS) to play a role in transferring their risk.

The panel session sought to explore the potential role of insurance-linked securities (ILS) in corporate risk management.

This session was moderated by Steve Tunstall, Director, PARIMA.org.

The panellists taking part were: Kelvin Wu, Head of Insurance, Weybourne Holdings; Mansi Kalra, Managing Director, JBA Risk Management Pte Ltd; Franck Baron, Chief Risk Officer, International SOS; and George McGhie, Strategic Adviser – Asia Pacific, Artex Risk Solutions.

The group discussed how corporate risk managers and insurance buyers think of the ILS opportunity and whether they believe it is a viable and complementary source of risk capital to add to their insurance towers.

They also explored the broader potential for use of insurance-linked securities (ILS) in corporate risk management, as well as topics such as parametric risk transfer, which is becoming a key corporate risk transfer tool.

With two insurance buyers on the panel representing large users of risk transfer, the panel provided an insightful look into how corporates might increasingly turn to ILS and what the ILS market can do to help them engage more with the capital markets, as a source of insurance risk transfer.

Watch the full video to learn more about corporate risk management in Asia and how large insurance buyers think of the insurance-linked securities (ILS) opportunity.