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- April 12 2023
Crawford partners with Vietnam’s NorthStar
The tie-up between the loss adjusters is designed to strengthen service and improve customer experience across the region of Cambodia, Laos, Myanmar and Vietnam (CLMV).
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- April 11 2023
Gallagher appoints Ralph Sherbahn as Asia financial lines leader
Sherbahn, who joins from Zurich, is based in Hong Kong and reports to North Asia CEO Thomas Wang.
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- April 11 2023
Taiwan regulator orders four insurers to raise capital or risk being taken over: report
Fubon, Tokio Marine Newa, Hotai and CTBC must restore their solvency levels by the end of June, or they would be taken over by the Financial Supervisory Commission within 90 days.
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- April 11 2023
AM Best upgrades CMB Wing Lung Insurance over CMI deal closure
The Hong Kong carrier to maintain a robust level of risk-adjusted capitalisation over the short to intermediate term.
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- April 11 2023
Enstar completes US$1.9bn LPT deal with QBE Insurance
The transaction covers a diversified portfolio of business, covering International and North America financial lines, European and North American reinsurance portfolios, and several US discontinued programs.
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- April 11 2023
Charles Taylor ties up with Korean loss adjuster
CTA works with a network of loss adjusting businesses around the world to offer its clients services where it does not have a regional presence.
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- April 11 2023
Market dislocation unlikely to disrupt Asian carriers
Asian insurers are casting their investment nets wider with a growing impetus on the sophisticated aspects of ESG.
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- April 10 2023
Nexus completes majority buyout of Spectrum Risk
Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.
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- April 7 2023
Opinion: Indonesia’s 1998 riots and their impact on the (re)insurance market
Peter Phillips, chief client officer South Asia at Marsh, gives his views on how the events shaped political violence and terrorism cover.
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- April 7 2023
China’s Allianz Jingdong downgraded on poor COR, weakened capitalisation
The Guangzhou-headquartered general insurer's combined ratio rose to 104% in Q3 2022, from 99% in Q3 2021, said Fitch.
