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- June 13 2018
Markel wins Lloyd’s India licence
It will initially focus on treaty and facultative reinsurance for marine, energy, contingency and professional and financial risks
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- June 12 2018
Cyber insurance to see most rapid premium growth by 2021
Aon forecasts that worldwide cyber premiums will be worth US$4bn in three years.
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- June 12 2018
Peak Re hires chief representative for Japan
Satoshi Ichihara joins from Catlin as the Hong Kong-based reinsurer seeks to grow its business in Japan.
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- June 12 2018
US drops objection to China Oceanwide-Genworth deal
The acquisition is moving ahead after the Committee on Foreign Investments in the United States steps aside.
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- June 11 2018
Insurance penetration in India far below global average
More needs to be done to promote insurance as a way to manage risk rather than just a savings tool.
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- June 11 2018
Japan helps Myanmar to develop insurance sector
The country's insurance sector is expected to get a major boost from Japanese know-how in crafting rules and products.
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- June 11 2018
Howden partners with IPG
Parent company Hyperion Insurance Group has bought a controlling interest in high-net-worth life broker International Planning Group.
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- June 8 2018
Manulife makes senior appointments in Hong Kong
William Man becomes CIO and COO, Ivan Chan will head distribution and Selina Ko will lead the HR function.
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- June 8 2018
Mitsui Sumitomo signs blockchain MoU with Inmediate
The partnership is expected to deliver an innovative network that connects insurers, distributors and consumers.
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- June 8 2018
Sri Lanka insurance sector to see more M&A activity
Tough competition and tighter operating conditions due to enhanced capital requirements are driving consolidation.
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- June 8 2018
IP Ventures, Hanwha Life tie up for regional blockchain network
The move is expected to improve efforts to increase the use of distributed ledger technology in the region.
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- June 7 2018
Asian cities among world’s most exposed
Cities in the region have the highest economic exposure to risks, according to Lloyd’s latest City Risk Index.
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- June 7 2018
MBK Partners stalls proposed sale of ING Life stake
KB Financial Group has pulled out of talks for an acquisition that could have cost as much as US$2.3bn.
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- June 7 2018
SBI Life eyes 10 bancassurance deals
The Indian insurer is planning to partner with a host of banks as it shifts from its traditional stance.
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- June 6 2018
Japanese life firms rush to Australia for growth opportunities
Strong prospects Down Under are being driven by a growing population and a mature economy.
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- June 6 2018
Moody’s upgrades outlook for China’s life insurance industry
The agency highlights a shift to a more sustainable product mix and a slowdown in investments in risky assets.
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- June 5 2018
Axa, Zikto to develop blockchain-based insurance products
The agreement will integrate the Insureum Protocol across the entire spectrum of insurance processes.
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- June 5 2018
Korea to welcome more reinsurers
The financial regulator has announced landmark plans to ease entry barriers and compete with Korea Re.
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- June 5 2018
Berkshire Hathaway names new president for Australasia
Mark Lingafelter will succeed Chris Colahan, who is taking over the firm’s specialty insurance unit in the UK and Europe.
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- June 4 2018
PE firms target Indian insurance market
There has been a rise in the number of private equity firms interested in acquiring stakes in local insurers.
