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- December 11 2019
Will Asia’s run-off market catch up with the US?
Catalina’s acquisition of ACR could catalyse market movement.
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- December 11 2019
Mapfre Re’s Lorenzana on innovation and sophistication
The Spanish major's reinsurance arm is seeing a flight to quality in Asia.
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- December 11 2019
China to allow 100% foreign life ownership in January
The country's regulator announced the decision earlier this week.
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- December 11 2019
Hong Kong closer to tax cuts for marine and specialty risks
The legislation, if passed, will fulfill promises made in recent budget announcements.
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- December 11 2019
PE players target India’s insurtech Digit
New fundraising could raise Digit’s valuation to around US$800m to US$900m.
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- December 11 2019
Lloyd’s taps US$395m of debt to fund digital blueprint
The money means it won't need to increase market levies to help create its future vision.
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- December 11 2019
CEO to step down from New Zealand’s Tower
Richard Harding will return to Australia in the new year.
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- December 11 2019
Entries open for Institutional Asset Management Awards 2020
The Awards celebrate the best in insurance asset management.
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- December 10 2019
Brit launches Lloyd’s ILS fund
The (re)insurer is trying to tap institutional investors through Syndicate 2988.
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- December 10 2019
New Zealand’s market hit by volcano, landslide and floods
A large volume of claims are expected over the next few weeks and months.
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- December 10 2019
AUB’s planned acquisition of Coverforce falls apart
The broker was unable to access key documents to finalise a deal valued up to US$136m.
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- December 9 2019
Will political risk abate in 2020 as focus falls on WTO?
As political risk claims rise, don't bet on complex situations resolving quickly.
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- December 9 2019
Axa XL’s Asia team hires Stephen Nguyen from Aon
The former broker will serve as client management leader for Asia.
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
AIG’s Alex Todd to switch from Canada to Asia
Todd will become head of commercial property for Asia-Pacific.
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- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 6 2019
ACR: end of a chapter
Bermuda legacy player Catalina takes on over US$1bn in liabilities.
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- December 6 2019
Singapore brings Lloyd’s onshore
The change is a reason to stay in the Lion City, but won't effect reinsurance.
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- December 6 2019
Nat cats batter Australia’s underwriting profits
The market saw a 53.4% decline from the same period in 2018, and there are ongoing bushfires.