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- February 8 2024
Chubb elevates Christina Wong to Asia CUO for casualty
Hong Kong-based Wong was most recently casualty manager, Greater China.
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- February 7 2024
Indian government panel proposes composite licencing in insurance: report
The committee has also proposed a reduction in goods and service tax rates from the current level of 18% for health and term products.
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- February 7 2024
Pacific Prime acquires Malaysia’s MIT Insurance Brokers from Johor Corp
The deal between the global insurance brokerage and Malaysia's state development corporation will see MIT Insurance Brokers integrate into Pacific Prime Consultants Malaysia.
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- February 7 2024
WTW promotes Royston Tan to head of health & benefits for APAC
Tan is succeeding incumbent Cedric Luah who will be leaving the firm after a nearly nine-year tenure.
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- February 7 2024
Australian MGA Market Lane expands into New Zealand
The new entity will initially trade as The Barn and will be led by the country head Kelsey Craver and senior underwriter Sarah Skelton.
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- February 7 2024
Indian competition regulator approves Zurich’s acquisition of Kotak Mahindra General Insurance
The watchdog has approved the 51% stake buy announced in Nomber last year as well as the global carrier's proposal to acquire an additional 19% within three years of deal completion.
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- February 7 2024
Opinion: The Asia nuclear conundrum
Despite nuclear energy booming in all major APAC economies, the region has not yet adjusted to the new risk reality and there is a need for a capacity influx and capital markets-led solutions to cover the rapidly-changing risks.
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- February 7 2024
Lao renews parametric flood cover from Seadrif Insurance with lower thresholds
The parametric policy, which was first purchased by the government in 2021, as been expanded from 2 levels to 4 levels and thresholds lowered, providing flexibility to address varying risk scenarios, the Asean insurance platform said.
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- February 6 2024
Zurich promotes Clement Hau to Hong Kong CUO
Hau, who succeeds current chief underwriting officer Anthony Seeto, will start in his new role on February 26.
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- February 6 2024
AM Best removes Fubon Insurance from “under review” on recovery from Covid-19 losses
The rating agency has removed the carrier from "under review with negative implications", but assigned "negative" outlook due to its exposure to reinsurer credit risk.
