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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.
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- July 20 2018
Allianz AGCS – Safety and Shipping Review 2018
This review focuses on key developments in maritime safety and analyzes shipping losses during the 12 months.
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- July 20 2018
Shipping losses in Asia buck global trends, continue to rise
Incidents in the South China, Indochina, Indonesia and Philippine maritime region rose by 25% in the past year.
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- July 20 2018
Guy Carpenter appoints head of South-East Asia and Korea
Bengt Johnsen will take up the position in January and succeeds Richard Jones, who is now chairman of Asia Pacific.
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- July 20 2018
US tariffs could drive up cost of insurance
The US government’s trade war with China and the EU could drive up the cost of auto repairs.
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- July 19 2018
Vouch Insurtech and six Thai insurers launch digital platform
The platform is called www.fairdee.co.th and seeks to support safer driving and diminish fraudulent claims
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- July 19 2018
Munich Re appoints new CFO
CFO of Ergo Group Christoph Jurecka is set to replace Joerg Schneider, who is leaving the company to retire.
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- July 19 2018
Labuan gross written premiums up 2.2% in 2017
The growth was mainly driven by general reinsurance and captive premiums amounting to US$1.4bn.
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- July 18 2018
Anbang eyes sale of health insurance unit
Hexie Health Insurance could be the troubled company's next asset up for sale.
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- July 18 2018
Thailand’s general insurance premiums climb 4.1%
The growth was partly attributed to government policy encouraging investment and launching infrastructure projects.
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- July 18 2018
King Wai launches in Thailand following purchase from QBE
A rebrand of the general insurer follows its purchase from the Aussie insurance company earlier in the year.
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- July 18 2018
Chinese insurers covered US$467tr in Jan-May period
However, CBIRC data showed that the sector's premium income fell 5.86% year on year.
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- July 17 2018
Nippon Life drops global coal finance from its portfolio
The Japanese insurer has chosen to restrict new investment into coal plant projects.
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- July 17 2018
Vietnam’s insurance sector expands 24.4%
Insurers collected Vnd58.6tn (US$2.6bn) in premium, according to the Insurance Supervisory Agency.
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- July 16 2018
Hanwha Vietnam plans to raise capital by US$131m
The capital expansion makes it one of the largest life insurance companies in the country.
