Country: Global Page 24 / 40
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- July 28 2020
Latest results highlight high cost of Covid-19
Uncertainty is clouding remainder of 2020, but some see opportunities.
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- July 28 2020
Ethiopian Airlines fire in Shanghai is potential US$190m loss
Last year's crash involving the same airline inflicted US$450m of damage for insurers.
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- July 28 2020
China’s Lufax targets US$3bn IPO
Ping An-backed firm's float would follow OneConnect's US$312m IPO last December.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 23 2020
Swiss Re reveals H1 Covid-19 hit, completes ReAssure sale
Pandemic has cost around US$2.5bn in claims and reserves across P&C, L&H and Swiss Re CorSo.
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- July 21 2020
Neal tells Lloyd’s syndicates to shape up
100% plus CORs include those with Singapore units, as market eyes US$14bn 2021 expansion.
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- July 21 2020
Aviva wraps up US$324m Friends Provident deal
The deal has been pared down, and was originally expected to complete in 2018.
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- July 14 2020
Aon’s Case says pay cut was “fact-driven decision”
The broker's chief executive defends company's decision to cut staff salaries.
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- July 10 2020
Covid-19 to accelerate market shift to Asia
Premiums will emerge faster and stronger in the region according to Allianz and Swiss Re.
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- July 4 2020
Aon’s pay cut u-turn leads to bonus
After the widely criticised move, broker turns 20% salary reduction into 5% bonus.
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- July 1 2020
Aon reverses pay cut and pledges to repay reduction
The move to reduce the majority of salaries by up to 20% had been criticised by rivals.
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- June 29 2020
Lloyd’s reveals London reopening plan, promotes APAC CFO
Tech on the agenda amid consultations with market players.
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- June 26 2020
Covid-19 one of market’s biggest losses: Guy Carpenter
The reinsurance broker forecasts insured losses to reach US$100bn.
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- June 25 2020
Lloyd’s Covid-19 loss estimate too high: bank
An investment bank pushes back on US$100bn loss estimate - stating claims will be far lower.
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- June 22 2020
Ergo’s China moves: CEO Schmitz on its “central role”
Why the Munich Re-owned German insurer is convinced of the need to invest in the region.
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- June 17 2020
India’s JB Boda sets sights on global ambitions
The Mumbai-headquartered broker wants to grow both its insurance and reinsurance books.
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- June 16 2020
Billions on the line as BI wording goes to trial
Test case could speed up the resolution of disputes for firms including Arch, MS Amlin, QBE and Zurich.
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- June 15 2020
McLarens bolsters APAC presence with specialist adjuster deal
Energy arm strengthens through purchase of firm with offices in Perth, Singapore and Sydney.
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- June 10 2020
Gallagher snaps up Australian construction broker
The US-headquartered firm is back on the acquisition trail.
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- June 9 2020
Allianz doubles down on “growth engine” Asia
The coronavirus is creating opportunities in the region according to the global giant.
