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- November 20 2024
Japan’s big three post US$8bn windfall from strategic holdings unwind
The major insurance groups also showed significant improvements in H1 CORs as they benefitted from benign loss environment at home and overseas and robust premium growth.
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- November 19 2024
Lloyd’s Asia set to see new entrants in 2025 as it races to US$1bn GWP mark
The platform is keen to attract local capital and create more opportunities for syndicates to collaborate across the APMEA region, says regional CEO Emma Loynes.
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- November 19 2024
Generali GC&C hires Nicholas Selff from Chubb as head of underwriting for Asia
Selff, who has relocated to Hong Kong, started with the insurer's leadership team on November 18.
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- November 15 2024
Mitsui Sumitomo to offer Australia SME capacity to Argyle Insurance
The multi-year agreement, starting January 1, 2025, will offer business insurance packages with an extended combined limit of up to US$4.52m.
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- November 15 2024
Hannover Re Malaysia to axe about 30 roles in data and technology, special project teams
The reinsurer told IAN that it has decided that a "very limited number of non-underwriting jobs are no longer required" and is working with the affected colleagues on all possible alternatives.
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- November 14 2024
New Zealand set to adopt modernised insurance law as bill passes third parliamentary reading
The legislation will help protect consumers and provide certainty for insurers, ICNZ said welcoming the legislation.
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- November 12 2024
McLarens eyes acquisitions in non-claims technical advisory services
The global adjuster identifies forensic engineering, quantity surviving and forensic accounting as potential areas interest for deals.
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- November 11 2024
SIRC: Reinsurers look to consolidate underwriting gains while tapping into fast-growing APAC
As renewals conference season draws to a close with the Singapore event, IAN brings you the reinsurance gather's key takeaways and what they mean for upcoming renewals.
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- November 8 2024
Fitch downgrades Suncorp Group following banking exit, higher reinsurance retentions
The group’s main non-life arm AAI’s financial strength rating has been changed to A+ from AA-.
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- November 7 2024
Asian cyber market needs local expertise: Guy Carpenter’s Cordonnier
While there is no question on the potential for cyber growth in the region, for take-up to increase the market needs to develop products that are relevant to local clients.
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- November 7 2024
Asian specialty losses to be reflected in renewals: Swiss Re
The reinsurer’s specialty CUO Anne Lohbeck says engineering, inherent defect, cyber and credit & surety are growth drivers for APAC specialty book.
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- November 7 2024
India 1.4 renewals to be particularly interesting: Peak Re’s Salian
Regulatory changes and significant growth in infrastructure, cyber and surety are the main factors that will shape the 1.4. 2025 renewal in India.
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- November 7 2024
Asia presents vast potential for third-party capital: Peak Re’s Reynolds
The Asia Pacific region, with its exposure to numerous natural perils, offers vast opportunities for employing third-party capital, including ILS.
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- November 4 2024
‘Bright future’ for structured solutions in APAC as awareness grows: Guy Carpenter
Bridging the gap between risk appetites of cedents and reinsurers is a key theme for the market, says Guy Carpenter’s Hussain Ahmad.
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- November 4 2024
Upcoming renewals should ‘maintain balance’: Munich Re
Hit by cat events, South-East Asian renewals will likely be stable to hard, says Hitesh Kotak.
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- November 4 2024
Steadfast on track to complete US$200m in acquisitions in FY 2025
In its annual general meeting, the Australian broking group addressed allegations of opacity in its strata operations and leadership succession.
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- November 4 2024
IQUW launches in Australia with financial institutions offering
The UK underwriter will offer the product with integrated cyber coverage to private, small-to-mid-market financial services companies.
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- November 1 2024
QBE closes US$1.6bn LPT deal with RiverStone International and Enstar
The deal was effective July 1 this year and includes non-core long-tail reserves that were not subject to prior reinsurance transactions and a small number of other portfolios of various subsidiaries of the insurer, including Lloyd’s syndicates.
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- November 1 2024
SIRC 2024: This year’s key talking points
As the who’s who of global reinsurance gather in the Lion City for the biggest renewals jamboree of the year in the region, here is a highlight of the topics that InsuranceAsia News believes are likely to dominate the discussions.
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- October 31 2024
Late-season Typhoon Kong-rey causes disruption in Taiwan, set to bring heavy rains to Shanghai
The biggest storm to make landfall on the island could see property and BI losses as well as the risk of an oil spill from a beached cargo ship on the northern coast.
