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- August 1 2018
China gives preferential treatment to HK reinsurers
Qualified reinsurers in the city will benefit from a lower credit risk charge under C-ROSS.
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- August 1 2018
PNB MetLife India considering IPO
The issue will involve a sale of shares by Punjab National Bank, MetLife and other institutional shareholders.
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- July 31 2018
Reinsurers ready for another year of active nat cats
Despite some capital depletion, the reinsurance sector remains resilient enough to withstand another year of losses.
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- July 31 2018
China Life fined US$103K for disclosure issues
China's central bank found the company guilty of disclosure-related issues.
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- July 30 2018
Cheung to replace Leung at Hong Kong’s Insurance Authority
John Leung to end CEO role in the middle of August.
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- July 30 2018
Goh joins Axa executive committee in Singapore
Adrian Goh joined this month as chief risk and compliance officer, replacing Bruno Pinson.
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- July 30 2018
Lombok earthquake kills 14 and damages over 1,000 homes
A 6.4 magnitude shallow earthquake and over 60 aftershocks has struck the Indonesian island.
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- July 30 2018
Indonesia postpones coal, crude oil export rule
The trade ministry has deferred a new rule that requires export shipments to use Indonesian insurance.
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- July 27 2018
Chubb reports 6% profit bump
CEO Evan Greenberg is positive on rates as the company reports US$1.25bn for the second quarter of 2018.
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- July 27 2018
Losses from disasters significantly down in first half of 2018
Insurance payouts are estimated at US$21bn, 64% lower than the 10-year average of US$124bn.
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- July 26 2018
Fosun eyeing purchase of Belgian insurer Ageas
An offer for all or part of Belgian insurer is being proposed by the Guo Guangchang-backed group.
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- July 26 2018
Asia’s insurance market remains rules-based
Regulators are increasingly looking at customer protection and meeting policyholders' reasonable expectations.
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- July 25 2018
Bao Viet posts highest revenue among Vietnam insurers
After Bao Viet, the market’s other major players include Daiichi, Prudential, Manulife and AIA.
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- July 25 2018
Tata AIA Life CEO takes group distribution role in Hong Kong
Naveen Tahilyani is taking over as CEO, group partnership distribution, at AIA Group in Hong Kong.
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- July 24 2018
Crypto insurance attracts more firms
Underwriters can charge crypto companies far more than the average business for coverage against loss or theft.
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- July 24 2018
Qatar Re closes Singapore branch
The reinsurer has stopped writing new and renewal business in the city, with effect from July 20.
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- July 24 2018
Zurich buys Blue Insurance
The US$59m acquisition involves the travel insurance intermediary's operations in the UK and Ireland.
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- July 23 2018
Anbang to offload US$10bn in overseas property assets
It has been reported that sales of the properties such as New York’s Waldorf Astoria may start within a month.
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- July 23 2018
India’s general insurers post 12.2% growth in premiums
Companies continued to enjoy robust growth in collections during the quarter ended June 30.
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- July 23 2018
Samsung Life selling properties to rebalance assets
The move by the country's biggest life insurer comes as it responds to the planned introduction of IFRS 17.
