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- June 14 2022
Catalina’s Asia Capital Re gets new Asia CEO
Wei-Lyn Loh has been with the reinsurer for seven years.
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- June 9 2022
Perils ups Australia east coast flooding loss to US$3.5bn
The increase is US$720m above its previous estimate for the Q1 nat cat in Queensland and NSW.
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- June 8 2022
MS&AD to convene environmental taskforce
Taskforce on Nature-related Financial Disclosures to hold its first meeting in Japan on June 16.
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- June 8 2022
China launches insurance scheme to boost vaccine take-up
The scheme pays out up to US$75,000 in the event of illness.
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- June 7 2022
World Bank slams Philippines government agency for poor provision of agri cover
PCIC should develop appropriate index-insurance products for its stakeholders.
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- June 6 2022
BMS appoints new director of specialty for Asia
Dominic Morrison joins from Howden.
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- June 3 2022
Axa XL’s Brooklyn Underwriting appoints new acting head
Scott Jerome replaces Tim Fairbrother, who has resigned.
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- June 2 2022
Singapore Reinsurer’s Association announces new Executive Committee
The membership confirmation follows their first in-person AGM in three years.
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- June 2 2022
Aussie flood estimates rise by 28%: ICA
Estimates of insured losses now top US$3 billion, with claims at 216,465.
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- June 1 2022
Axa’s China P&C unit adopts new AI pricing system
The firm will become the 13th Axa entity and the first Chinese insurer to use the technology.
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- May 31 2022
Allianz GI China JV insufficiently capitalised for growth: Fitch
The firm's solvency ratio has fallen from 320% to 200%.
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- May 31 2022
HKIA struggles with staff shortages: report
The regulator lost 16% of staff last year, according to Stephen Yiu.
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- May 30 2022
India hikes third party motor liability premiums
This is the first such rise in two years and will feed into the overall cost of insuring vehicles
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- May 27 2022
Howden gains approval to take control of India unit
By upping its Indian stake, Howden follows in the footsteps of other global brokers such as Aon, Gallagher and WTW.
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- May 27 2022
Australia’s general insurers saw US$303m loss at start of year
The devastating floods in February and March sparked an increase in claims.
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- May 25 2022
Tokio Marine opens new Canadian unit
The insurer has by far the largest global footprint of any of its Japanese peers.
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- May 24 2022
BMS taps WTW for new chairman in Asia
Ted Hodgkinson will remain with WTW until November in order to help with the transition.
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- May 24 2022
FWD gets go-ahead for Hong Kong IPO: report
The firm still hasn’t decided when to list, but it is expected to do so shortly.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 20 2022
South Korea’s non-life players see underwriting profit boost
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
