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- March 2 2021
Myanmar cargo rates unchanged despite protests: source
An Asia-based marine broker told IAN that Lloyd's is unlikely to designate the country as a listed area.
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- February 25 2021
Axa posts robust 2020 Asia results
CEO Thomas Buberl plans Axa XL turnaround after US$1.7bn global loss.
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- February 25 2021
Gaps remain despite record weather claims: ICNZ head
The industry association's CEO tells IAN that commercial property and agricultural crops still lack protection.
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- February 25 2021
Australia brokers’ strong results belie Aon/WTW concerns
AUB, Steadfast and PSC all announced eye-catching results.
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- February 23 2021
Australia construction has ‘plenty of capacity’ despite pullbacks
A market source told IAN that rate rises were coming from a low base.
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- February 22 2021
Allianz Asia 2020 GWP hits US$9bn
China and Malaysia were standouts as regional profits climbed to US$668m.
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- February 22 2021
Tower acquires ANZ portfolio for US$10m
The deal will add around US$30m in GWP to the Kiwi P&C player.
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- February 19 2021
QBE sees 10% GWP growth despite US$1.5bn loss
Nat cat claims were US$134m above firm's allowance contributing to a COR of 104.2%.
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- February 18 2021
ACCC signals concerns over Aon/WTW merger
Antitrust watchdog flags cyber, marine and construction lines as well as reinsurance broking.
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- February 17 2021
AIG slumps to US$6bn 2020 net loss
International P&C GWP, which includes Asia, was one Q4 highlight growing 102%.
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- February 17 2021
Insurtech profile: Galileo Platforms
The Hong Kong-based blockchain specialist's partners include Singlife Philippines, Amodo and DXC.
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- February 12 2021
Allianz China Life deal to kick off APAC deal frenzy
As we enter the Year of the Ox, the M&A bulls are set to keep running.
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- February 10 2021
IAG posts A$460m loss but underlying profits improve
BI provisions drove downturn as H1 GWP climbed 3.8% to A$6.12bn.
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- February 10 2021
Ping An veteran joins Asia-Pacific P&C in Hong Kong
Terence Chen has left the Chinese insurer after over 25 years.
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- February 9 2021
Suncorp drops travel as Australia profits soar
GWP increased to A$4.35bn in H1 with home and motor growing 5.2%.
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- February 4 2021
Ping An’s P&C operating profit fell 23% in 2020
Financial guarantee insurance's COR climbed to 111%, but life and health profits increased 5.2%.
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- February 4 2021
Antares commits to Asia despite Lloyd’s China run-off
The specialty player will continue to place China business through Singapore.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 2 2021
Ken Lai to leave Hong Leong Insurance (Asia)
The outgoing general manager has been at the Hong Kong P&C player since August 2019.
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- February 2 2021
Aon/WTW: FMG warns of ‘severely constrained’ market
Reinsurance flagged to NZCC as potential antitrust concern amid Willis Re divestiture speculation.
