News Page 575 / 1077
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- February 19 2021
Philippines sets Q1 target for nat cat facility
Domestics insurers are currently forced to look overseas for reinsurance.
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- February 19 2021
QBE sees 10% GWP growth despite US$1.5bn loss
Nat cat claims were US$134m above firm's allowance contributing to a COR of 104.2%.
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- February 19 2021
Hong Kong’s virtual banks primed to disrupt insurance
HKIA expects ZA Bank's interplay with digital insurance arm to spur similar ventures.
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- February 18 2021
ACCC signals concerns over Aon/WTW merger
Antitrust watchdog flags cyber, marine and construction lines as well as reinsurance broking.
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- February 18 2021
Indonesia P&C GWP to hit US$5.2bn by 2025: GlobalData
While 2020 saw a 4.6% decline due to Covid-19 restrictions, a recovery is expected this year.
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- February 18 2021
Aon wins tender for Australia’s terrorism reinsurance scheme
Guy Carpenter had worked with the Australia Reinsurance Pool Corporation for 15 years.
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- February 18 2021
Munich Re confirms South-East Asia and digital L&H leaders
Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer.
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- February 18 2021
Private equity hunger for Asia insurers to grow
Global PE firm Carlyle has targeted South Korea's reinsurance space.
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- February 17 2021
AIG slumps to US$6bn 2020 net loss
International P&C GWP, which includes Asia, was one Q4 highlight growing 102%.
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- February 17 2021
Manulife’s Hong Kong & Macau earnings up 10%
Amid protests and a pandemic, new business in 2020 fell by 14% to US$460m.
