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- August 24 2020
Navigating marine risks after Mauritius’ oil spill
The market has faced sustained challenges for years with rising losses and busier seas.
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- August 24 2020
India’s Bharti Axa GI acquired by ICICI Lombard
The new entity will become India's third-largest P&C player.
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- August 21 2020
Axa eyes South Korea P&C sell off: report
Any potential sale could raise between US$135m and US$203m.
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- August 20 2020
China’s P&C sector poised for 4% annual growth
There are hopes to revamp the domestic market, while foreign players refocus on the country.
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- August 18 2020
Malaysia’s P&C sector sees “steepest” ever H1 GWP drop
Road to recovery will be long and arduous says the country's General Insurance Association.
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- August 17 2020
Does climate change in New Zealand mean premium rises?
Market players such as IAG are recognising the urgent need to act alongside the government.
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- August 17 2020
Marsh’s Australia CEO handed APAC risk role
Scott Leney has over 30 years of experience and takes on an expanded group role.
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- August 14 2020
South Korea’s P&C players hit by US$40m rain losses
The longest monsoon in the country since 2013 has flooded thousands of vehicles and homes.
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- August 14 2020
ICA launches Covid-19 BI test case with Hollard and HDI
The firms have offered their claims to form the basis of the Covid-19 test case.
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- August 13 2020
AIG, GIC Re on hook for Air India’s US$50m crash payout
The hull claim has been approved for the Boeing 737 that crashed last weekend at an Indian airport.
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- August 12 2020
Prudential Financial agrees Taiwan life sale
The move comes after the US player exited South Korea in April for US$1.9bn.
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- August 11 2020
AMP Australia CEO resigns over “internal matter”
The company will provide an update on its life unit sale this week.
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- August 10 2020
HK Insurance Authority “closely monitoring” US sanctions
The regulator urges market players to assess legal, business and commercial risks.
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- August 10 2020
Market to benefit from ‘Digital Silk Road’ investment
(Re)insurers to protect growing risks such as cyber, data and IP as China's digital push gathers pace.
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- August 7 2020
QBE Australia Pacific CEO steps down
The search is on for Vivek Bhatia's successor.
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- August 7 2020
China announces “three year plan” for P&C market
The CBIRC is promising greater reforms -- and scrutiny.
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- August 7 2020
Philippines state insurer officials face charges in US$300m fraud
Case follows Indonesia's state-run Jiwasraya being shut down due to fraud and corruption.
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- August 6 2020
MPHB Capital looks to divest MPI Generali stake
Generali Asia could become the majority shareholder in the Malaysia P&C player.
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- August 6 2020
Malaysia’s liberalisation to drive “structural changes”
Zainudin Ishak, CEO of Malaysian Re, says it could increase competition and drive risk-based pricing.
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- August 5 2020
Chakrabarty rejoins Prudential as Cambodia CEO
The seasoned market exec wants to take the life player to the next level.
