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- December 17 2020
Japan Post’s shares soar on reports of US$2.9bn buyback
The scandal-hit insurer could pursue more deals if its state-owned parent's stake drops below 50%.
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- December 16 2020
Australia’s Adani coal mine sees 28th (re)insurer back out
Fidelis has said it won't provide cover for the controversial coal project.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- December 15 2020
Asean non-life market fell 6.6% in 2020: Malaysian Re
Cambodia and Vietnam will likely be outliers with growth of 7%-10%.
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- December 10 2020
Axis Bank seeks CCI approval for stake hike in Max Life
Move comes after insurer's parent share swap deal with Mitsui Sumitomo given green light.
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- December 10 2020
MAS issues environmental risk framework for insurers
Guidelines issued as Singapore seeks to be a global center for green finance.
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- December 8 2020
Australian insurers to appeal adverse BI decision
Insurance Council of Australia to challenge NSW ruling on Covid-19 claims in the High Court.
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- December 7 2020
Guy Carpenter appoints new Japan head
Pietro Toffanello to relocate from London to Tokyo, and joins from Gen Re.
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- December 4 2020
Vietnam claims to soar as nat cat toll hits US$1.3bn
Nine typhoons in the last two months have caused significant flooding to homes and businesses.
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- December 3 2020
UnderwriteMe appoints first head of APAC
Industry veteran Paul Hughes had previous stints at AIA, Aviva, MetLife and Swiss Re.
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- December 3 2020
Anbang loses US court case over failed US$5.8bn hotel deal
South Korea’s Mirae Asset Daewoo walked away saying key conditions not met.
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- December 1 2020
AIA HK & Macau CEO Peter Crewe to leave
Insurer's Thailand chief executive Alger Fung to take over in January.
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- December 1 2020
Axis Re appoints Willis Re exec David Bangs as Japan head
The broker will continue to be based in Singapore after assuming the new role.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 26 2020
‘Significantly lower’ profits at Australia’s P&C players: APRA
It has been a tough 12 months for the sector as market enters perilous summer season.
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- November 23 2020
New Zealand’s Ohau fire claims surpass US$24m
It was one of the largest wildfires in the country's history.
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- November 19 2020
Aon Re recruits Seewon Oh for APAC capital advisory arm
The division will service both P&C and L&H (re)insurers.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
