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- November 29 2019
Willis Towers Watson appoints Indonesia leader
Luke Ware, head of corporate risk and broking in the country, will oversee 140 colleagues.
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- November 29 2019
Myanmar gives green light to 11 foreign players
Issuance of operational licences will breathe life into the market.
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- November 28 2019
Mapfre finalises Philippines’ capital requirement
The Spanish insurer has complied with revised regulations.
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- November 28 2019
South Korea’s insurers braced for tough 2020: Fitch
Domestic players are bracing for a challenging 2020, after a fiscally difficult 2019 so far.
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- November 27 2019
Sun Life inks US$75m Vietnam bank deal
Asean president Leo Grepin says the deal with TP Bank will provide access to 2.5m customers.
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- November 27 2019
IAG’s Phuong Ly to join QBE as chief underwriting officer
Ly is set to join the QBE team in February 2020.
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- November 27 2019
Munich Re promotes Nicolas Carro to Australasia L&H CEO
The reinsurer's Australasia CFO will take up the role in the new year.
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- November 26 2019
Chubb signs off 15.3% further stake purchase of Huatai
The US insurer bought the stake, along with another 7.1% to come later, for a reported US$1.53bn.
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- November 26 2019
Philippines secures two Singapore-listed cat bonds
They will cover US$75m from quake losses and US$150m from tropical cyclones.
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- November 26 2019
Tower in US$45m dispute with Earthquake Commission
The New Zealand P&C player has a disagreement over the allocation of property damage.
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- November 25 2019
Indonesia unveils US$770m nat cat protection programme
The government has struck a deal with 56 re/insurers in a move to privatise catastrophe risk.
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- November 25 2019
ANZ and Westpac are latest bank majors to be hit with CCI lawsuits
Class action suits follow NAB’s settlement of US$33.7m over junk insurance policies.
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- November 22 2019
Aspen Re confirms Lloyd’s China office closure
The reinsurer is streamlining its operations under CEO Mark Cloutier.
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- November 21 2019
Catastrophic bushfires spread to south Australia
The severe bushfire season has intensified and summer hasn't even begun.
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- November 21 2019
3 Japan majors face US$8bn combined typhoon bill
S&P estimates the total payout from typhoons Faxai and Hagibis could reach US$18bn.
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- November 20 2019
MS&AD’s H1 profit up 253% despite MS Amlin hit
Specialty arm books a US$1.6bn write-down and to be split after reorganisation.
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- November 20 2019
SBI Life’s shares drop after Carlyle stake sale
The private equity group has sold a 3.1% stake.
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- November 18 2019
Scandal-hit Japan Post sees revenue dip
The firm halted sales of all life products in July after improper conduct was revealed.
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- November 15 2019
Australia’s bushfires trigger US$54m of claims
An already-severe bushfire season will hit the nation's insurers hard.
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- November 14 2019
Jason Keen promoted to lead Chubb global markets
The head of P&C for Asia Pacific will replace Matthew Shaw who is leaving for Tokio Marine Kiln.
