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- April 30 2021
Aon/WTW: EU conditional approval likely with no additional concessions — report
It is potentially a major step to the creation of the world's largest insurance broker.
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- April 29 2021
(Re)insurers’ innovation investments go beyond insurtech
WTW highlights record Q1 funding of US$2.55bn -- as Chinese insurtechs Waterdrop and Leapstack eye expansion.
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- April 28 2021
Offshore wind farm innovation has trade-offs: Scor
Insurance needs to protect the risks associated with the new technology required to lower costs.
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- April 27 2021
Australia’s turn to weigh in on Aon/WTW
The ACCC may also require asset sales as the US and EU seek divestitures.
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- April 26 2021
Public sector solutions vital to cover pandemic risk: Geneva Association
Almost 99% of US$4.5tn in global Covid-19 GDP losses for 2020 unlikely to be covered.
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- April 20 2021
Steadfast takes majority stake in global broker network
UnisonSteadfast has members in Asia and controls over US$30bn of GWP.
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- April 19 2021
Reinsurers paid out 111% of earnings in 2020
Data from Willis Re shows the industry is still not earning its cost of capital.
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- April 16 2021
Asia’s insurers face rising tide of climate litigation
Litigants could argue that failure to properly address or disclose climate risk caused losses.
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- April 15 2021
Trade credit insurers brace for insolvency uptick
2021 expected to bring a sharp rise in bankruptcies as fiscal support measures end.
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- April 12 2021
Willis Re’s mooted sale to revamp Asia market
Reported front-runner AJ Gallagher would acquire a major presence in the region.
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- April 9 2021
Holger Tewes-Kampelmann to lead Allianz Re
The CFO is replacing Amer Ahmed who has led the global reinsurer since 2012.
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- April 8 2021
Axa XL taps Asia marine head for global role
Singapore-based Sundeep Khera moves to London after being appointed global head of hull and head of marine UK & Lloyd’s market.
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- March 31 2021
London market plans Asia charm offensive
Lloyd's brokers believe face-to-face negotiation will give a competitive edge post-Covid.
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- March 31 2021
Ever Given claims to run into ‘hundreds of millions’
A claim may be advanced by the Suez Canal Authority against the owner, an expert tells IAN.
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- March 26 2021
Container ship stuck in Suez Canal to trigger ‘large losses’
Insurers could be on the hook for salvage bill and liability claims from the stricken Ever Given, experts tell IAN.
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- March 24 2021
Digital-first reinsurers emerge from pandemic
Replicating traditional reinsurance markets online is key to solving the post-Covid challenge.
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- March 23 2021
Credit Suisse flags Marsh role in Greensill collapse: report
FT highlights phone calls between bank and broker where no "red flags" were raised.
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- March 22 2021
Fairfax Asia makes take private bid for Singapore Re
The reinsurer focuses on property, liability, accident and marine lines and is valued at US$155m.
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- March 19 2021
Chubb makes US$23bn bid for The Hartford
In January, the US insurer brought in Philip Chan, the former Greater China head at Axa XL, to lead its Asia operations.
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- March 19 2021
Swiss Re’s coal pledge sets a marker
Cutting thermal coal exposure from treaties puts pressure on competitors to follow suit.
