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- May 5 2022
Swiss Re hires APAC head of public sector solutions
Singapore-based Lubomir Varbanov used to work at the World Bank.
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- May 5 2022
Australia floods hit Hannover Re’s Q1 P&C COR
The February and March floods have cost the global reinsurer US$196m so far.
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- May 4 2022
Indian state-owned insurers seek restructuring in bid for market share
Public sector insurance giants have been losing ground to more efficient players.
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- May 4 2022
520,000 Aussie properties ‘uninsurable’ by 2030: Climate Council
80% of the risk is due to riverine flooding for "high risk" properties.
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- May 3 2022
McLarens appoints former Sedgwick exec as technical director
Paul Hough began his new role at the start of May.
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- May 2 2022
Claims expected as record rainfall hits Townsville in Australia
The Queensland town had a US$800m flood in 2019.
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- May 2 2022
Strong headwinds for India’s non-life sector: AM Best
Rating agency maintains negative outlook but says there is significant long-term growth potential.
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- April 28 2022
Chaucer commits to net zero by 2050
The China Re owned firm recently teamed up with Moody's to produce an ESG scorecard.
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- April 27 2022
Construction to drive Malaysia P&C sector: report
The market is expected to hit US$5.5bn in premiums in 2026, according to GlobalData.
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- April 26 2022
Dangers rise for reinsurers in Sri Lanka: Fitch
Changes to renewals could add to costs and undermine insurers' ability to write new business.
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- April 25 2022
Cyber attack fear increases among D&O insurers in Asia
Survey suggests their focus on the risk as "significant" is now more in line with European peers.
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- April 25 2022
Fitch downgrades Sri Lanka Insurance as crisis bites
The country's financial crisis is slowing down premium growth.
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- April 22 2022
SBI General Insurance records full year 11% GWP growth
The Indian P&C player made progress in its digital offering and signed several key partnerships.
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- April 22 2022
Allianz Australia appoints commercial distribution manager
Jason Hawksworth is returning to the German giant after he left for Chubb in 2014.
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- April 22 2022
Mitsui Sumitomo to provide space insurance to Japan start-up
Ispace is planning its first lunar launch in Q4 2022 "at the earliest".
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- April 21 2022
Aussie broker Code moves commission disclosure beyond retail
The standards will now apply to all individual and small business clients.
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- April 21 2022
Digit Insurance appoints new CEO
Jasleen Kohli has been promoted from chief distribution officer.
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- April 20 2022
Australia flood loss estimate tops US$2.9bn in ‘complex’ event: Perils
The application of event definition clauses for reinsurance purposes will vary across the market.
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- April 19 2022
Sedgwick appoints Nigel Cook as head of major and complex loss in Asia
Cook's previous roles include positions at British Steel and the American Bureau of Shipping.
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- April 15 2022
Queensland, NSW flood claims top US$1.8bn: ICA
RACQ's head of claims says it is one of the worst natural disasters in Australia's history.
