Country: Asia Pacific Page 452 / 608
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- August 22 2019
Thailand’s government agrees drought relief
The move to offer aid to rice farmers comes after the worst drought in a decade.
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- August 21 2019
Steadfast’s Kelly persists in bullish expansion
The Australian group has raised another US$67.8m to fund acquisitions and CEO Robert Kelly wants to grow internationally.
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- August 21 2019
Singapore Life targets five markets in South East Asia
After raising over US$100m the life player has the capital to expand quickly.
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- August 21 2019
Triple Indian state P&C merger is best option: EY
National Insurance, United India Insurance and Oriental Insurance have been advised to avoid New India tie-up.
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- August 21 2019
Options in Australia’s PI market are shrinking: Aon
Capacity is decreasing and prices are hardening after a series of scandals.
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- August 20 2019
MS&AD receives Challenger stake and board approval
The Japanese giant owns 16% of the Australian annuity firm and will gain a seat on the board.
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- August 20 2019
Tokio Marine signs with Plug and Play in Singapore
The Japanese giant has furthered its relationship with the insurtech player.
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- August 19 2019
Thai Life agrees 35% stake in Myanmar’s CB Insurance
The Thai player wants to bring its actuarial and managerial expertise to Citizen Business Insurance.
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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.
