News Page 599 / 1163
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- September 21 2021
Bolttech raises another US$30m via Mundi Ventures and EDBI
The global insurtech adds to its record breaking Series A funding with two more investors.
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- September 21 2021
New Zealand’s FMG appoints Suncorp exec as CEO
Adam Heath is set to start on December 20 and is replacing outgoing chief executive Chris Black.
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- September 21 2021
GIC Re’s underwriting losses remain the elephant in the room
The reinsurer has been overly reliant on investment returns to turn a profit.
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- September 21 2021
Nat cat ILS in line for record year: Fitch
Issuance in H1 2021 was a first-half record of US$8.5bn with ESG bonds set to fuel future growth.
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- September 21 2021
ICA eyes cost of SME commercial lines
Outgoing National Insurance Brokers Association head Dallas Booth will lead a new advisory council.
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- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
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- September 20 2021
Australia’s brokers to continue MGA expansion
Steadfast, Howden and the AUB Group have been increasing their presence but face more regulatory scrutiny.
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- September 20 2021
Zurich mulls GI asset sale in Australia – report
Bloomberg says the disposal could raise a "few hundred million dollars" for the Swiss insurer.
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- September 20 2021
Prudential to raise nearly US$3bn to boost Asia growth
The London-based insurer says it is particularly focused on China, India, Hong Kong, Indonesia and Thailand.
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- September 17 2021
Samsung Re gets group captive boost: AM Best
The reinsurer is mainly focused on South-East Asia and India as GWP neared US$80m in 2020.
