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- July 8 2019
Korean Re begins Swiss venture with S&P ‘A’ rating
The new office in Zurich is off to a good start which the reinsurer wants to be a major international hub.
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- July 8 2019
Arag and HDI unite in legal expenses Australia push
The move means Arag has operations in 18 countries across five continents.
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- July 8 2019
India to allow 100% foreign ownership of brokers
The market is set to open up even further under government proposals.
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- July 5 2019
New Zealand ruling aids insurers over quake damage
IAG has secured a win in the Supreme Court regarding assignment law over onsold damaged properties.
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- July 5 2019
Couple convicted of defrauding Dual in Australia
The judge found the couple defrauded MGA Dual out of around US$12m.
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- July 5 2019
PICC to enter Argentina: report
The Chinese insurance giant is looking to expand with a reinsurance license.
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- July 4 2019
Japan on alert for claims as a million urged to evacuate
Adjusters, brokers, insurers and reinsurers on high alert as a month's rain could fall in one day on Kyushu island.
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- July 4 2019
Regulator under fire over CBL collapse
Not enough was done for years to investigate CBL's finances a report has found.
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- July 4 2019
Philip van Zyl to lead Sedgwick New Zealand
Existing chief executive Darryl Cowan to become chairman in 2020.
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 3 2019
AGCS appoints Pacific CEO
Allianz Global Corporate & Specialty has promoted James Stack as it exits long tail business in Australia and New Zealand portfolios.
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- July 3 2019
Chubb places 30% revenue cap on coal risks
The US-headquartered global insurer is joining a growing trend in the market.
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- July 3 2019
Tokio Marine snaps up IAG underwriting agency
Tokio Marine Management (Australasia) now employs 140 staff in the region.
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- July 3 2019
Fosun acquires majority of ILS player Tenax Capital
The Chinese conglomerate has bought London-headquartered asset manager Tenax Capital.
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- July 2 2019
Willis Towers Watson exec to join BGC’s aviation broker
Philip Smaje to become chief executive at the new venture.
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- July 2 2019
Global reinsurance prices improving, says Willis Re
The broker's latest report suggests an upside to the latest renewal season.
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- July 1 2019
Thailand’s SCB agrees life sale to FWD for US$3bn
Acquisition of Siam Commercial Bank's life operations has been announced.
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- July 1 2019
Korean capital rule is on schedule
Grace period will help South Korea's insurers meet more capital requirements.
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- July 1 2019
Vietnam steps up professionalism
P&C competency framework should help raise professional standards in the country.
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- June 28 2019
IASB publishes IFRS 17 changes
International Accounting Standards Board is looking for feedback on proposed changes to IFRS 17 contracts.
