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- September 14 2018
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
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- September 14 2018
Indian life firms see big hike in premiums
New business was up by 6%, according to data released by the Insurance Regulatory Development Authority of India.
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- September 14 2018
Axa completes acquisition of XL Group
The landmark US$15.3bn acquisition first announced in March has finally crossed the finish line.
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- September 14 2018
Padalkar steps in as HDFC Standard Life CEO
Former CFO Vibha Padalkar will take up the new role for a term of three years.
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- September 13 2018
China’s premium income falls by 2.4% in seven months
Insurers in the country continue to feel the effects of tighter regulations on the sector.
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- September 13 2018
Blue starts operations as digital life insurer in HK
The city's first purely digital life insurer will capitalise on its direct selling ability to offer lower rates.
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- September 13 2018
Carlyle acquires majority stake in Sedgwick
Carlyle to replace KKR as lead shareholder in US-headquartered claims firm that recently acquired loss adjuster Cunningham Lindsey.
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- September 12 2018
Vietnamese insurers see 35% rise in total assets
Insurance assets surged sharply during the first eight months of this year, according to the finance ministry.
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- September 11 2018
Neal to begin Lloyd’s role in October, confirms Carnegie-Brown
Inga Beale to leave after five years in charge at the global marketplace.
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- September 11 2018
Typhoon Jebi losses could reach US$4.5bn
The typhoon Jebi, which made landfall on September 4, was the strongest to hit Japan in 25 years.
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- September 11 2018
Munich Re says cyber market to double in two years
Companies could be spending up to US$8-US$9bn on cyber policies by 2020 as risks become more complex.
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- September 10 2018
Tokio Marine eyes stake in Hollard Insurance
The 22.5% shareholding in the Johannesburg-based P&C insurer is expected to cost US$327m.
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- September 10 2018
Monsoon rain damage in India tops US$4bn
The direct damage and business interruption costs of the heavy rains in Kerala are still being assessed.
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- September 7 2018
Neal to replace Beale at Lloyd’s
It is understood former QBE global CEO John Neal will be given responsibility for the world's oldest insurance market.
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- September 7 2018
Reinsurers’ return on equity deteriorates in first half
The decrease occurred despite an improvement in net income due to lower natural catastrophe losses.
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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.
