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- August 6 2021
Moody’s buys RMS for US$2bn to bolster climate risk analytics
The rating agency flagged the risk modelling firm's P&C and life (re)insurance capabilities.
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- August 4 2021
Lloyd’s players highlight strong demand for political violence cover
Strikes, riots and civic commotion (SRCC) rates generally flat in Asia except for distressed regions such as Myanmar.
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- July 30 2021
Swiss Re posts US$1bn H1 2021 profit
The group was bolstered by large profit turnarounds in P&C reinsurance and Swiss Re Corporate Solutions.
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- July 30 2021
Gallagher to continue tuck-in mergers after Willis Re deal collapses
The broker completed eight deals in Q2 2021 including Mutual Brokers in Canberra.
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- July 30 2021
Global supply chain woes to keep pressure on cargo premiums
Delays are becoming more costly but can’t be insured at affordable prices.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 29 2021
Asia sees growing potential in agriculture (re)insurance
Asia will soon generate 50% of global agriculture premiums according to a Lloyd's webinar.
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- July 29 2021
Peak Re to acquire remaining 50% of Caribbean insurer Nagico
The Hong Kong-based reinsurer acquired its initial stake in 2016.
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- July 26 2021
Aon to pay Willis Towers Watson US$1bn break fee as merger abandoned
Aon's CEO Greg Case cites "impasse" with US DoJ as antitrust trial loomed.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 13 2021
Aon/WTW: EU approval highlights painful path to US clearance
Extensive divestments may need to be replicated across the pond to appease the DoJ.
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- July 7 2021
Aon/WTW: US judge schedules trial for November
District judge Reggie Walton blamed a backlog of cases from the pandemic.
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- July 6 2021
Axa XL appoints Asia Pacific and Europe casualty CUO
Marine Ress will start on October 1 and will be based in Paris.
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- July 6 2021
Ever Given to set sail as parties agree claim payout
Payout set to be far less than the original demand of US$900m.
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- July 5 2021
Aon/WTW: New Zealand regulator further delays decision date
The antitrust watchdog has extended the M&A approval deadline for a third time.
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- July 2 2021
Bolttech raises US$180m for growth push
Insurtech operates in HK, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Vietnam.
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- June 29 2021
Peak Re hires from Swiss Re for senior VP Europe role
Karlheinz Render will start on August 1 and be based in Zurich.
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- June 28 2021
Aon wants August trial as US DoJ challenges WTW merger
Aon's lawyers tell the Antitrust Division a February 2022 trial is a "nonstarter".
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- June 22 2021
Aon/WTW falls foul of antitrust’s golden rule
US competition watchdogs will always be wary of any "Big Three" merger.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
