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- November 30 2021
Lockton New Zealand appoints former WTW exec as CEO
Peter Lowe has joined the global broker in Auckland this week.
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- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
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- November 23 2021
Lloyd’s launches retail parametric cyclone cover for Northern Australia
The initiative is led by Beazley with initial reinsurance support from Axa XL, Hiscox and RenaissanceRe.
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- November 22 2021
China Re’s underwriting result exposed to nat cats, motor reforms: AM Best
The reinsurer's domestic P&C business has been particularly impacted by deteriorating conditions in these two segments.
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- November 22 2021
Tokio Marine’s H1 profit boosted by rates, Covid rebound
Net written premiums in the group's international non-life business increased 14.6% to US$5.94bn.
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- November 22 2021
Asia’s digital transformation needs the right tools
New technologies are redefining the traditional business of insurance meaning new skillsets are required.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 16 2021
SIRC 2021: Culture change needed for digital transformation
Experts discussed ways the traditionally risk averse (re)insurance industry can be shaken up.
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- November 16 2021
SIRC 2021: (Re)insurers urged to address data ethics
An expert panel discussed the issues of (re)insurers' increased use of data analytics and artificial intelligence.
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- November 16 2021
SIRC 2021: Swiss Re’s Ojeisekhoba talks climate risk, pricing
Conference told that the risk from secondary perils has increased in recent years.
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- November 15 2021
SIRC 2021: Singapore finance minister backs ILS
Lawrence Wong also urged delegates to act on climate change and support the nascent cyber market.
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- November 12 2021
AIA grows new business 15% in first nine months
Hong Kong sales continue to struggle as a result of restrictions on mainland Chinese visitors.
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- November 10 2021
Swiss Re appoints head of APAC P&C analytics
Singapore-based Monami Mukherjee joins the reinsurer from a management consultant.
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- November 9 2021
Tower appoints QBE exec as chief claims officer
Steve Wilson is leaving the Australian firm after over five years and joining the New Zealand insurer in January.
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- November 8 2021
ZhongAn’s combined ratio improves to 99.4%
AM Best report says the digital insurer currently enjoys a 1.2% share of China's P&C market.
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- November 5 2021
HK Fintech Week: Insurtechs talk healthcare data, claims management
Waterdrop founder Peng Shen said new technologies can link up the whole health insurance value chain.
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- November 5 2021
HKIA focuses on data as insurtech evolution speeds up
Insurance Authority CEO Clement Cheung told HK Fintech Week the regulator wants an API framework similar to the banking sector.
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- November 4 2021
HK Fintech Week: Insurers eye AI to transfer data into insights
Experts from Swiss Re and AIA shared their experiences on harnessing insurtech data.
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- November 4 2021
South Korea to ease insurance licensing rules: FSC chair
The changes reflect ongoing industry diversification such as platform-based healthcare services.
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- November 3 2021
Nepal chamber objects to Insurance Board’s premium minimums—report
The Federation of Nepalese Chambers of Commerce and Industry says the move runs counter to the idea of an "open economy".
