News Page 40 / 1089
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- April 26 2025
Full capacity: Time to believe? Sobering reality as losses soar
In the latest issue of our Full Capacity newsletter, we look at Swiss Re Corporate Solutions's exit from Hong Kong, silent AI, product recall and staggering economic losses, as well as our weekly roundup of people moves.
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- April 25 2025
Parametric insurance ‘plugs the gap’ as nat cat losses strain traditional coverage: Descartes’ Ben Qin
Head of North Asia and Australia tells InsuranceAsia News’ Between The Lines podcast that parametric insurance's speed and payout certainty offers a critical advantage over traditional claims.
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- April 25 2025
Chinese broker Yuanbao targets US$676m US IPO valuation: report
Existing shareholders express interest in buying up to US$17 million worth of American Depositary Shares (ADSs), according to Reuters.
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- April 25 2025
Willis, Chubb, Gallagher: 6 APAC insurance people moves of the week
Euclid Transactional also made a personnel change over the last week.
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- April 25 2025
4 more Russian insurers seek India’s nod to provide marine cover for crude tankers: reports
Sberbank Insurance, Ugoria, ASTK and Balance Insurance have sought approval to offer P&I coverage for tankers calling at Indian ports, according to Reuters and Bloomberg.
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- April 25 2025
Myanmar, China earthquakes push Q1 global insured losses to second-highest on record: Aon
Losses resulted primarily from the California wildfires, with the total significantly higher than the 21st-century Q1 average of US$17bn.
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- April 25 2025
With boots on the ground in Australia, CFC eyes strong growth, upselling opportunities
Following the acquisition and rebranding of Solution Underwriting, the MGA's Australia managing director Anita Lane looks to the future and reflects on the softening commercial insurance market.
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- April 24 2025
Pacific rates suffer largest global fall at 8% in Q1, Marsh says
Finpro pricing fell by 10%, while property and cyber declined by 9% and 8%, respectively.
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- April 24 2025
Thai insurers’ US$600-900m Myanmar earthquake losses to be absorbed by reinsurers: S&P Global
7.7-magnitude earthquake struck Myanmar and reverberated to Bangkok in March.
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- April 24 2025
Asia insurance rates down 3% in Q1 2025, fifth straight quarter of decline: Marsh
Property rates down 3%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 8%, according to the broker's Global Insurance Market Index.
