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- December 15 2021
IAG’s Hawkins to become next ICA president
IAG chief executive to replace QBE's Sue Houghton atop the Insurance Council of Australia in January.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
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- December 13 2021
Late October Australia storm cost insurers US$740m: Perils
For the state of South Australia the event could be one of the costliest natural catastrophes ever.
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- December 8 2021
An alternative way to weather the hard market
Captives and parametric cover are examples of innovative solutions.
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- December 8 2021
WTW taps AIG exec for Australasia growth role
Kishan Dashan handed construction and natural resources remit starting December 13 in Melbourne.
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- December 7 2021
FWD GI gets outlook upgrade
Fitch report says the Hong Kong P&C player plans to expand its device protection retrocession business.
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- December 3 2021
Hong Kong’s Bank of East Asia eyes Blue Cross sale — report
A potential transaction could be worth as much as US$400m for the general insurer.
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- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
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- December 3 2021
Malaysia’s Lonpac gets lockdown boost: AM Best
Movement restrictions during the pandemic led to lower loss ratios for some business lines.
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- December 2 2021
China tightens risk management for insurance groups
The CBIRC said the new rules are in line with international practices.
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- December 2 2021
Chubb makes Singapore senior personal lines appointment
Tulio Puente will report to Scott Simpson, country president for Chubb in Singapore.
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Gallagher closes Willis Re deal
The US$3.25bn acquisition will give the US broker a significantly expanded APAC reinsurance footprint.
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- December 1 2021
Howden acquires specialty HK broker Expat Marine
The firm is also a Lloyd’s coverholder and focuses on fine art, yachts and pleasure craft protection.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
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- November 30 2021
South Korea’s life market gets outlook upgrade
Fitch Ratings changes view from “deteriorating” to “neutral” as social distancing measures are eased.
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- November 30 2021
Guy Carpenter’s Gallagher sees ‘more stable’ renewals
The Asia CEO expects a focus on poor performing programs where the nature of the exposure has changed.
