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- August 7 2019
PBOC shows regulatory teeth to non-financial firms
A holding company license rule from the People’s Bank of China could help prevent contagion risk.
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- August 7 2019
Suncorp’s profits hit by life division sale
Acting chief executive Steve Johnston signals end to marketplace strategy as profits fall 83.5%.
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- August 7 2019
SBI Life and Indian Bank sign distribution pact
The life major will benefit from the scale of over 2,800 branches.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 6 2019
Allianz’s Asia H1 profits up 28%
Regional chief executive Solmaz Altin says it has been a solid start to the year.
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- August 6 2019
David Lim leaves Brit for Ed in Singapore
He will lead Ed's retail division in Singapore and its Asia-Pacific marine division.
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- August 6 2019
Australian broker Coverforce goes to court over bid
Management, which owns 51%, upset after rival broker AUB announces US$100m plus acquisition.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
Munich Re’s Steven Chang becomes Greater China CEO
The senior exec helped establish the reinsurer's China operations in 2007.
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- August 5 2019
60% of Townsville flooding claims closed: ICA
The Insurance Council of Australia hails market progress since the unprecedented flooding disaster.
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- August 2 2019
MSIG secures stake in Myanmar’s IKBZ
Japanese giant secures 10% of Myanmar's largest P&C player; five other foreign players also granted JV status.
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- August 2 2019
Willis Towers Watson snaps up Australian M&A broker
The global broker has bought Risk Capital Advisors which has offices in Australia, South Africa, the UK and Hong Kong.
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- August 2 2019
Eric Kwan joins Chubb in Singapore
Kwan will join the global giant to lead the P&C division on August 5.
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- August 1 2019
Swiss Re beats expectations with US$953m H1 profit
Rates are hardening while Swiss Re Corporate Solutions is expected to make an underwriting profit in 2021.
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- August 1 2019
Hong Kong regulator releases broker education criteria
Minimum requirements have been stepped up while CPD hours will increase from from August 2021.
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- August 1 2019
Japan Post’s scandal escalates as president apologises
Masatsugu Nagato, president of Japan Post Holdings, said the firm had betrayed its customers.
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- July 31 2019
First half nat cat bill highlights protection gap
Numerous multi-billion dollar regional disasters in the first half of the year had relatively little cover according to Aon.
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- July 31 2019
ICA disappointed by Northern Australia Insurance Inquiry
Competition inquiry into northern Australia ignores fundamental issues claims the Insurance Council of Australia.
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- July 30 2019
Now Health appoints Greater China MD
The Hong Kong-headquartered firm has created a new management role.
