Country: Asia Pacific Page 374 / 530
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- August 19 2019
Wickshire is first Australian broker on Lloyd’s platform
It is the first Australia-based firm broker to be able to place business directly with London syndicates.
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- August 19 2019
Ping An backs Hong Kong as profits increase 68%
The Chinese insurer has five entities in the city which is being hampered by protests.
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- August 19 2019
India’s regulator calls to expedite monsoon claims
The Insurance Regulatory and Development Authority of India is asking insurers to speed up claims after huge flooding.
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- August 16 2019
Pru’s Hong Kong move
Prudential will be overseen by Hong Kong's regulator.
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- August 16 2019
Typhoon Lekima to cost market US$855m
The storm could be the second most expensive ever in China and result in US$7.4bn of economic damage.
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- August 16 2019
Manulife Philippines appoints CEO
Richard Bates has replaced Ryan Charland who has moved to Manulife Indonesia.
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- August 15 2019
QBE’s recovery continues as H1 profits climb 29%
The Sydney-headquartered firm has seen an improved attritional claims experience.
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- August 15 2019
Indonesia’s health scheme still suffering financially
The shortfall between premium income and claims' payouts is expected to climb to US$2bn.
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- August 15 2019
Blackstone aiming buyback of Anbang’s Japan property
US private equity player wants residential buildings to hedge against a downturn.
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- August 15 2019
Allianz Australia requires US$169m of capital: APRA
The Australian Prudential Regulation Authority is requiring the investment following a test in 2018.
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- August 15 2019
Aflac to delist from the Tokyo Stock Exchange
US giant to leave the exchange after over 30 years.
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- August 14 2019
Clarity needed to boost Asia’s business confidence
The Hong Kong protests have created another level of uncertainty but pan-regional insurers are well placed.
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- August 14 2019
South Korean firm could buy Anbang’s hotels: report
The Mirae Asset Financial Group is understood to be in pole position for a US$5.5bn US luxury hotel group.
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- August 14 2019
Labuan benefiting as Asia captive interest rises
The formation of captives is on the rise in Asia according to the Labuan IBFC and Swiss Re Corporate Solutions.
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- August 13 2019
Zurich Australia signs TAL exec as life CEO
Justin Delaney to take on Zurich's largest regional business.
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- August 13 2019
Thailand group targets US$750m of premiums
P&C player Thai Insurance has turned around its profitability this year.
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- August 13 2019
Perils ups Townsville claims estimate by over US$90m
The increase is in property loss claims from the winter Queensland flooding disaster.
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- August 13 2019
AMP and Resolution Life rescue sale
A revised deal structure has revived the sale of AMP Life at an important time for AMP.
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- August 12 2019
Will Aviva be the next UK firm to exit Asia?
The UK giant could simplify its operations and reinvest elsewhere but lose out on the next phase of a key growth region.
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
