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- August 2 2018
M&A rises again in first half of 2018, led by Asia
Activity rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017.
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- August 2 2018
FWD hires Robert Schimek as group COO
Schimek was most recently chief executive of AIG’s global commercial insurance business.
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- August 2 2018
China’s motor premium deregulation squeezes insurer margins
Fitch forecasts weaker underwriting margins due to deterioration in the claim ratio from the motor segment.
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- August 2 2018
Thai life assurance firms report 5% growth in premiums
Business was up 5% from the previous six months, according to the Thai Life Assurance Association.
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- August 1 2018
FWD eyes dual-class IPO in Singapore
The group is reportedly considering an offering in the Lion City as an alternative to listing in Hong Kong.
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- August 1 2018
Export credit insurance up in Belt and Road countries
Coverage by Sinosure grew 12.8% to reach US$290.36bn during the first half of the year.
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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.
