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- September 19 2016
XL Catlin set to acquire Brooklyn IT
Brooklyn is a market-leading underwriting agency in Australia and a Lloyd's approved coverholder, serving brokers across the country.
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- September 19 2016
Spike in insurance M&A to continue this year and next
Mergers and acquisitions became widespread across the industry in 2015 and the spike will probably continue in 2016-2017.
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- September 16 2016
Super-typhoon Meranti to cause medium-high losses in China
Estimated winds of 180mph has potential to cause great damage says Aon Benfield.
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- September 16 2016
Vice-chairman Zhou Yanli loses post at CIRC
State Council announces major reshuffle of senior officials.
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- September 15 2016
Chubb opens Guangdong branch
The new branch is licensed to provide commercial property and casualty and personal lines products and services.
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- September 15 2016
Chaoyang Life to be put up for tender
Six Taiwanese financial holdings and insurance entities are now reportedly interested in launching a takeover bid.
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- September 15 2016
China and Netherlands agree social insurance deal
Chinese and Dutch nationals working in each other's countries will soon be exempted from mandatory contributions.
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- September 14 2016
China’s super-regulator plan cast into doubt
The merger of three financial services watchdogs may be scrapped, with the CSRC remaining as a standalone body.
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- September 14 2016
Global property and casualty cession ratio rises
For the first time in several years, a slight increase in demand has been seen in the reinsurance sector.
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- September 14 2016
Euler Hermes and China Pacific Property in JV
The joint venture between the two firms is a bid to tap the credit insurance market in China.
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- September 13 2016
Tepid demand outlook to continue for years
Demand for insurance or reinsurance is not expected to post any significant growth over the next few years.
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- September 13 2016
Indian insurers unprepared for mandatory listing
The country's insurers are worried about a mandatory listing proposal introduced by the regulator.
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- September 13 2016
Korean savings fund to invest US$40M in cat bonds
The Public Officials Benefit Association will choose at least two asset management firms to commit the funds.
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- September 12 2016
Mainland insurers can buy HK shares via Shanghai link
Shanghai stock connect and the soon-to-be introduced Shenzhen link are now open to insurers.
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- September 12 2016
Mirae Asset Life makes final bid for PCA Life
The Korean insurer has submitted its last bid for the unlisted arm of Britain's Prudential.
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- September 12 2016
Taiwan to protect insurers from callable bond risks
The regulator is aiming to provide protection as bond issuers exercise options to pay off debt early.
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- September 9 2016
XL Catlin boosts property capacity 25%
The increase is aimed at accommodating rising global property values and more complex risks.
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- September 9 2016
Negative prospects for global reinsurance
The outlook for global reinsurance remains gloomy, according to a new report from Moody’s Investors Service.
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- September 8 2016
New rules a heavy blow for unlisted Chinese insurers
Stricter rules on the universal life insurance product market target short-term, high-return policies.
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- September 8 2016
Anbang focuses on integrating purchases
The Chinese insurer may well be putting its policy of aggressive overseas acquisitions on hold.
