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- July 16 2018
China’s Sunshine Insurance joins funding round for Lionbridge
Investment arm Riverhead Capital is funding the leasing services and leasing asset management specialist.
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- July 16 2018
China emerges as leading market for Swiss Re
The country is now among the top four major markets of the Zurich-based company, according to the firm’s CEO.
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- July 16 2018
India’s private insurers outperform public rivals
Private insurers now have a 55% market share, according to ICRA, a Moody’s Investors Service company.
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- July 13 2018
Tighter rules to boost China life insurers’ risk profile
More stringent measures on short-term savings-type products and better disclosure are working, says Fitch.
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- July 13 2018
Anbang eyes selling Belgian insurer Fidea
The troubled Chinese insurer is reportedly considering its first divestment in Europe.
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- July 13 2018
Startup GoBear appoints Adrian Chng as CEO
He succeeds Andre Hesselink, chief executive of the Singapore-based insurance startup since 2015.
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- July 12 2018
June floods in Asia lead to hundreds of millions of losses
Seasonal flooding led to fatalities and significant damage in parts of India, Bangladesh, Myanmar and Vietnam.
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- July 12 2018
Lloyd’s launches new digital distribution platform
Lloyd’s has launched a new digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters.
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- July 12 2018
Foreign reinsurers waiting on changes to India’s rules
State-owned GIC Re continues to enjoy right of first refusal for domestic reinsurance business.
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- July 11 2018
Japan insurers to waive premium payments for flood victims
Four companies are offering a six-month waiver to those affected by the torrential rains in western Japan.
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- July 11 2018
Blockchain in insurance sector to hit US$1.4bn by 2023
The size of the market is expected to grow at close to 85% a year, according to new research.
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- July 11 2018
China changes rules on director appointments
Under the changes, major shareholders of an insurance firm can no longer nominate independent directors.
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- July 10 2018
Taiwan’s anti-fraud body urges insurers to improve compliance
Officials are urging the nation’s life insurance companies to implement tougher measures to fight money laundering.
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- July 10 2018
Philippine pension fund ups rating requirement for reinsurers
The Government Service Insurance System will require bidders to have a credit rating of at least B+.
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- July 10 2018
Premium income in China drops 5.9%
The decline came as authorities were seeking to improve regulation of the sector to reduce financial risk.
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- July 9 2018
XL Catlin hires Australian portfolio solutions manager from Zurich
Jonathan Moss will be responsible for portfolio solutions, ensuring business alignment with brokers and managing relationships.
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- July 9 2018
Record rainfall slams southern Japan
The rain is forecast to continue for the next couple of days and many landslide warnings have been issued.
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- July 9 2018
Takaful insurers still struggle to gain foothold in local markets
Firms have not been able to differentiate themselves adequately from conventional insurance companies.
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- July 6 2018
Swiss Re – Sonar 2018: A peek into the future?
The newly published "Swiss Re SONAR, New emerging risk insights" report.
