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- September 13 2017
Irma’s insured losses revised down
From estimates up to US$60bn, forecast insured losses have been revised down to US$20bn-US$40bn.
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- September 13 2017
Hurricane Harvey highlights insurance protection gap
A significant proportion of the unprecedented flood losses generated by the hurricane will be uninsured.
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- September 13 2017
Pat Regan expected to become QBE’s new CEO
He is expected to replace John Neal when the current CEO steps down at the end of the year.
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- September 12 2017
HDI Global SE appoints new Singapore head
Graham Silton will take over from Nicholas Cheng, who is retiring at the end of the year.
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- September 12 2017
Hurricane Irma could cost up to US$65bn
The extent of destruction and economic impact will not be fully known for some time.
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- September 11 2017
Vietnam premiums up 22%
Collections grew 22% during the first eight months of this year to about Vnd65.56tr (US$2.89bn).
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- September 11 2017
Blockchain to change insurance business model
The technology can reduce the uncertainty of insurers' risk pool system, says Deloitte.
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- September 11 2017
GC Securities and Marsh launch ILS platform
The JV standardises the placement process for collateralised reinsurance and private catastrophe bond deals.
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- September 8 2017
Marsh announces new global management structure
New chief executive John Doyle makes his mark with global restructuring and expanded executive management team.
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- September 8 2017
Listed Chinese insurers to benefit from risk crackdown
Efforts to contain the sale of risky short-term life insurance policies won't seriously affect the country's major insurers.
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- September 8 2017
Higher profits for Malaysia’s insurance, takaful firms
Traditional and Islamic insurers in the country are beginning to see a silver lining after a period of dreary results.
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- September 7 2017
Foreign insurers get access to wider market in China
CIRC says the government will open the local health, disaster and pension insurance markets.
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- September 7 2017
Blockchain platform launched for marine sector
EY and Guardtime have launched the world’s first blockchain platform for the marine insurance sector.
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- September 7 2017
Insurtech goal is to cut premiums, says AIG CEO
Brian Duppereault says big data and AI must be able to assist insurers in measuring risks better.
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- September 7 2017
PartnerRe names new CEO for L&H in Asia
Jerome Matrundola joins from SCOR to lead the life and health business in the region.
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- September 6 2017
HSBC Insurance appoints Hong Kong CEO
Former interim chief executive Edward Moncreiffe will oversee HSBC’s insurance and pension business in the city.
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- September 6 2017
XL Catlin strengthens Asia casualty capability
Elishe Quek and Alice Chong join as casualty underwriters from AIG to take up positions in Singapore and Hong Kong.
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- September 6 2017
Huabang Financial to acquire Israel’s Clal Insurance
The controlling stake in the Israeli insurance and financial firm is valued at approximately US$1.36b.
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- September 6 2017
Growth of non-linked life premiums drops in HK
However, linked life business enjoyed a steep increase in growth, according to the latest data from the Hong Kong Insurance Authority.
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- September 5 2017
Anbang returns to more traditional business model
The company is preparing a new array of services and products to launch after its current ban expires.
