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- January 15 2020
Market hedged against Australia’s long, hot summer
The risk transfer policies of leading insurers means the sector will bounce back.
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- January 15 2020
Australia’s bushfire bill edges towards US$1bn
Furthermore a sharp increase in claims is expected this week.
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- January 14 2020
Liberty Mutual Re hires from Aspen Re in Singapore
Annie Leong will have local underwriting authority giving the firm a presence in the Lion City.
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- January 14 2020
Bleekrode promoted at KPMG for APAC role
He replaces Simon Donowho in the Hong Kong-based position.
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- January 14 2020
BGC’s aviation broker hires Asia expert
The start-up broker wants Ian George to help grow a book in the region.
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- January 13 2020
Global cat bond issuance reaches US$100bn milestone
Growth rate has far exceeded traditional forms of capital according to Aon Securities.
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- January 13 2020
Australia’s bushfire claims manageable: Moody’s
Market underpinned by strong underwriting discipline as claims reach US$644m.
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- January 10 2020
Suncorp hit by US$237m of bushfire claims
The Brisbane insurer has had 2,600 claims so far and exceeded its first half nat cat allowance.
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- January 9 2020
Wee Loon Yong begins Asia P&C CEO role at Charles Taylor
The AIG veteran has moved to the UK-headquartered loss adjuster.
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- January 9 2020
Munich Re pegs Typhoon Hagibis claims at US$10bn
The storm was a major contributor of global insured nat cat losses of US$52bn in 2019.
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- January 8 2020
Australia’s majors meet treasury as bushfire claims hit US$484m
The government has offered US$1.38bn towards recovery efforts from the bushfires.
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- January 8 2020
Ping An joins global climate group
Ping An is the first Chinese asset owner signatory to Climate Action 100+.
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- January 7 2020
Peak Re’s Hahn hails ILS potential with Lion Rock Re II
The US$77m deal follows a successful launch of a sidecar transaction last year.
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- January 7 2020
Grandwood Insurance takes on Ed’s Hong Kong team
The Kwun Tong-based commercial broker is expanding with a team of eight.
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- January 7 2020
Gallagher establishes Malaysia presence
The US broker has taken a stake in SP&G, its first move into the market.
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- January 7 2020
Chris Townsend leaves AIG
A search for a new head of international general insurance has begun.
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- January 6 2020
Will Asia’s markets hum in 2020?
The fundamentals are strong despite increasing uncertainty.
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- January 6 2020
IAG ups cat reinsurance cover by US$700m
Protection increases after breaching perils allowance in first half of the financial year.
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- January 3 2020
Allan Yu becomes CEO at Tahoe Life
The market veteran takes on top role at the Hong Kong firm.
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- January 3 2020
Asia reinsurance renewals stable: Guy Carpenter
Impact of losses in Japan tempered by relatively benign cat events elsewhere.
