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- September 7 2018
Lockton appoints Asia employee benefits leader
Rachael Tay will lead a team of 40 staff across China, Hong Kong and Singapore.
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- September 6 2018
Strong balance sheets support reinsurance outlook
Sector consolidation through M&A and rising profits are also driving the stable outlook for the sector.
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- September 6 2018
KKR, Temasek join bid for SBI General Insurance stake
The 4% stake sale is part of the pre-offer valuation exercise of the Indian insurer before its planned IPO.
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- September 6 2018
Singapore’s intellectual property office teams up with Lloyd’s
The plan is to introduce insurance products targeting companies that use IP in the course of their business.
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- September 5 2018
Scor confirms rejection of Covea’s takeover approach
Covea withdraws share offer following Scor’s board rejection.
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- September 5 2018
Manipal to buy 16% stake in Cigna TTK Health Insurance
The Indian group is looking to buy a stake in in the joint venture from TTK Group for an undisclosed amount.
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- September 5 2018
Willis Towers Watson expands Asia corporate risk and broking
The appointment of Scott Burnett aims at growing the company’s bench strength and to drive business growth in the region
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- September 4 2018
Online P&C insurers growing rapidly in China
Online-only insurers took a 24% share of P&C premiums during the first half of the year.
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- September 4 2018
New market development head for AM Best South-East Asia
Doron Grossman, former head of distribution for Asia Pacific at QBE, has been appointed to the role.
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- September 3 2018
Phelan to lead Aspen Singapore
Promotion follows departure of Yann Marmonier.
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- September 3 2018
Prudential Guarantee and Marsh drop complaints in the Philippines
The two parties have resolved their dispute, claiming that it stemmed from an “innocent misunderstanding”.
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- September 3 2018
Malaysia eyes 4% insurance penetration in two years
Sales are healthy among the rich, but the goal is to increase protection among rural and poorer populations.
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- August 31 2018
Citi names new head of Hong Kong insurance business
Alson Ho will be responsible for the growth and management of Citi’s insurance business in the city.
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- August 31 2018
US, India insurance regulators ink cooperation deal
Officials in the two countries have agreed to work together on standards, training and regulation.
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- August 30 2018
Hong Kong eyes tax incentives for specific insurance products
The move is part of the city's efforts to become an international hub for risk management.
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- August 30 2018
FWD to buy HSBC stake in Malaysian insurer
The Hong Kong-based insurer will buy a 49% stake in HSBC Amanah Takaful in Malaysia.
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- August 29 2018
Aspen bought by Apollo for US$2.6bn
The proposed deal ends uncertainty over Bermuda-headquartered (re)insurer.
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- August 29 2018
Allied World Re names Asia-Pacific treaty reinsurance head
Yeo Meng Wong will manage the underwriting team and be responsible for day-to-day operations in Singapore.
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- August 29 2018
State Bank of India to offload stake in SBI General Insurance
Bank wants to reduce ownership before an expected IPO.
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- August 28 2018
Korea’s non-life firms post 17% decline in net profit
The country's auto insurance sector has been forecast to continue to suffer a growing loss in the second half.
