Country: Asia Pacific Page 326 / 500
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- January 13 2020
Scandal-hit Indonesian insurer has US$2bn deficit
Jiwasraya is under investigation for financial misconduct worrying policyholders.
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- January 13 2020
Regaining public trust is priority: new Japan Post CEO
Hiroya Masuda said regaining public trust and investor confidence are priorities.
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- January 13 2020
Australia’s bushfire claims manageable: Moody’s
Market underpinned by strong underwriting discipline as claims reach US$644m.
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- January 10 2020
Ed’s Hong Kong blues
Exit comes as Lloyd’s broker tries to turnaround its fortunes under BGC.
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- January 10 2020
Suncorp hit by US$237m of bushfire claims
The Brisbane insurer has had 2,600 claims so far and exceeded its first half nat cat allowance.
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- January 10 2020
Markel appoints India chief underwriting officer
Anirudh Singh has joined from Raheja QBE.
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- January 10 2020
Senior execs to explore Asia’s growth potential at AFF 2020
The influential Hong Kong event will host a panel discussion on insurance.
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- January 9 2020
Wee Loon Yong begins Asia P&C CEO role at Charles Taylor
The AIG veteran has moved to the UK-headquartered loss adjuster.
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- January 9 2020
US’ Ebix granted Irdai broking approval
In a JV with the Bombay Stock Exchange, the software firm can become a direct Indian broker.
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- January 9 2020
Rising premiums are inevitable: Tokio Marine’s Komiya
President says pricing in Japan needs to match increased risks.
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- January 9 2020
Munich Re pegs Typhoon Hagibis claims at US$10bn
The storm was a major contributor of global insured nat cat losses of US$52bn in 2019.
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- January 8 2020
Asia’s mixed P&C renewal picture
Conditions more constrained but reinsurers are taking a more segmented approach.
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- January 8 2020
China Life transfers CEO for Singapore from Fujian
Lin Xiangyang, a seasoned exec, joins from the China operation.
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- January 8 2020
Australia’s majors meet treasury as bushfire claims hit US$484m
The government has offered US$1.38bn towards recovery efforts from the bushfires.
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- January 8 2020
Japan’s Tokio Marine to divest RenRe stake
The P&C giant first acquired RenRe shares in its 2018 sale of Tokio Millenium Re.
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- January 8 2020
Ping An joins global climate group
Ping An is the first Chinese asset owner signatory to Climate Action 100+.
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- January 7 2020
Peak Re’s Hahn hails ILS potential with Lion Rock Re II
The US$77m deal follows a successful launch of a sidecar transaction last year.
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- January 7 2020
Grandwood Insurance takes on Ed’s Hong Kong team
The Kwun Tong-based commercial broker is expanding with a team of eight.
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- January 7 2020
Guy Carpenter picks Pacific CEO
Jeff Saper will spearhead treaty and facultative activities in the region.
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- January 7 2020
Gallagher establishes Malaysia presence
The US broker has taken a stake in SP&G, its first move into the market.
