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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
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- May 14 2021
Austbrokers acquires 50% stake in loss adjuster YDR
The engineering and surveying specialist has operations across Australia.
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- May 13 2021
Japan earthquakes to cost (re)insurers US$1.29bn: GIAJ
Industry association says the February Fukushima EQ alone led to over 130,000 claims.
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- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 12 2021
Chubb promotes internal candidate to head Australia/NZ P&C
Chris Gough has been with the insurer since 2013 and previously led casualty operations.
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- May 11 2021
Aon/WTW: Gallagher in talks to buy US$3bn of assets — report
Chicago-headquartered global broker is looking at several European units and Willis Re.
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- May 11 2021
Allianz’s GI China JV underwriting performance to feel pressure: Fitch
Expansion into health market is key reason cited by the rating agency, but outlook remains stable.
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- May 11 2021
Q&A: Canopius’ Mark Newman on environmental risk and ILS
The APAC chief executive also discussed the impact of Covid-19 on the Lloyd’s market in Asia.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 10 2021
NSW, Queensland floods to cost insurers US$827m: Perils
Private property largely covered but infrastructure, crops and livestock mostly uninsured in historic March nat cat.
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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- May 7 2021
Philippines Nat Re posts 3% GWP increase in 2020
Net underwriting income jumped 151% on higher reinsurance premium incomes and lower loss ratios.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- May 6 2021
Labuan GWP hits US$1.6bn driven by captives and reinsurance
The Labuan FSA said premiums grew by 6.7% over the course of 2020.
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- May 6 2021
Howden Specialty boosts APAC natural resources team
Singapore-based Surya Wijaya joins from Willis Towers Watson as divisional director.
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- May 6 2021
BHSI appoints senior Asia transactional liability underwriter
Daniel Thieviasingham is based in the Lion City and formerly worked at Lockton.
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- May 6 2021
Q&A: FM Global’s Tan Hian Hong talks recovery and resilience
The Singapore-based VP also discussed loss prevention in a post-pandemic world.
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- May 5 2021
Australia’s US$7bn reinsurance pool targets N Queensland premiums
ICA chief says more needs to be done to lower costs in cyclone-hit region.
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- May 5 2021
Markel poaches financial lines manager from Dual Asia
Joe Wong has joined the specialty Lloyd's player this week in the Lion City.
