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- February 22 2022
ICA warns disaster funding needs doubling
All Australian governments also need to collectively lift funding over the next five years.
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- February 18 2022
HKIA welcomes preferential treatment under C-Ross
This is the first time that Hong Kong's preferential treatment has been codified in Chinese law.
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- February 18 2022
HDI Global restructures APAC operations to boost HK, Singapore
Hong Kong and Singapore will report to new head of Asia Pacific Stefan Feldmann.
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- February 16 2022
Bolttech acquires Singapore’s Ava Insurance Brokers
The broker will connect with the insurtech's exchange and be rebranded later this year.
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- February 15 2022
Delta Insurance expands into Australia
The MGA is initially offering professional indemnity, cyber and commercial liability cover.
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- February 14 2022
MGA FloodFlash targets Japan, Australia after raising US$15m
Investors in the parametric insurtech include MS&AD Ventures and Munich Re Ventures.
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- February 14 2022
Charles Taylor gains Indian foothold with Skaad partnership
The London-headquartered adjuster has been expanding its APAC presence to keep up with rivals.
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- February 10 2022
QBE joins UN’s Net-Zero Insurance Alliance
The insurer has agreed to transition its underwriting portfolio to net-zero by 2050.
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- February 10 2022
Hong Kong’s ILS market held back by low P&C penetration
Expect more deals - eventually. It will just take time, say experts.
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- February 9 2022
Tokio Marine makes strategic investment in cat specialist ICEYE
The two firms will collaborate on claims and nat cat products.
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- January 31 2022
Vietnam’s PTI underwriting risks to grow: AM Best
The P&C player has had a favourable loss ratio but high expense ratio amid a GWP slowdown.
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- January 31 2022
China reports 58% surge in motor cover
As the amount being insured has risen, premiums have fallen by 5.7% - a positive for the market.
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- January 26 2022
China electric car company NIO launches broker
Policy push by Beijing means cleaner energy vehicles are becoming increasingly popular.
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- January 25 2022
South Korea’s digital insurers face tough road ahead
Digital disruption is starting with motor insurance. Deeper market penetration may prove harder.
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- January 20 2022
CBIRC releases interim unified supervision framework
The new rules will take effect from March 1 and apply to off-site supervision.
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- January 19 2022
IAG hires Suncorp veteran for underwriting role
Darren O'Connell is joining the Intermediated Insurance Australia division.
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- January 18 2022
Market raises concerns over Asia secondary perils pricing
Inadequate models are putting pressure on underwriting results, say market participants.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
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- January 14 2022
Singapore insurers ‘pushing’ for renewable energy rate rises
Small solar plants are hard to insure due to minimum premium requirements, says a new report.
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- January 13 2022
Lloyd’s prioritises digitalisation with DXC Technology and IUA
Processing costs could reduce by over 40% as the market tries to fulfil promise of 'Blueprint Two'.
