News Page 1040 / 1087
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- September 17 2015
Markel hires assistant trade credit underwriter in Singapore
Bennett Wong joins from UOB and will develop relationships with clients and brokers around Asia.
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- September 17 2015
Cargo losses from Tianjin blasts could reach US$6bn
Significant impact on the marine insurance sector should serve as wake-up call to all cargo insurers.
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- September 17 2015
Commercial rates continue to plunge globally
Declines are driven by the benign loss environment and abundance of global capacity, says Marsh.
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- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
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- September 16 2015
Philippine insurance industry to rise up to 30% this year
Rising incomes among Filipinos will trigger the growth of the industry this year, says Sun Life.
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- September 16 2015
Alibaba’s Ant Financial takes control of Cathay Insurance
The investment will allow a quicker entrance to mainland China's insurance market.
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- September 16 2015
JLT establishes presence in Myanmar
A growing list of international insurers are establishing offices as the country opens up.
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- September 15 2015
New India Assurance renews Air India cover for US$9.5bn
The bid to insure Air India’s 126-aircraft fleet will earn a premium of US$22.5 million.
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- September 15 2015
Nippon Life agrees to merge with Mitsui Life
The Japanese insurer will again become the country’s biggest insurer, ahead of Dai-ichi Life.
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- September 15 2015
Major banks tentatively agree to US$1.87bn settlement
Agreement will settle investor claims that they conspired to fix prices and limit competition.
