News Page 686 / 1059
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- September 19 2019
Embedded value of Asia’s majors grows 5.3%
EV at 52 majors increased to US$756 billion last year in Asia according to Milliman.
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- September 19 2019
Jebi loss creep hits Lloyd’s COR
The market made an overall underwriting loss as claims climbed to US$14.5bn in first six months.
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- September 19 2019
Lloyd’s rings up US$3bn profit for H1 2019
CEO John Neal welcomes improved market discipline amid stellar investment returns.
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- September 18 2019
Chinese insurtech Duobaoyu raises US$282m
Jack Ma's Yunfeng Capital is leading the latest round of funding.
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- September 18 2019
Commoditisation of cargo adding to losses: IUMI
Some players are now exiting after entry barriers lowered, says the International Union of Marine Insurance.
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- September 18 2019
ICA warns on reinsurance pool for northern Australia
Disaster risk mitigation should be prioritised says the Insurance Council of Australia.
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- September 18 2019
Marsh’s Glaser to continue M&A: report
The US giant could spend as much as US$800m over the next few years on targets.
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- September 17 2019
IAG defending potential US$690m class action suit
The first court hearings of an add on lawsuit against the Australian giant have begun.
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- September 17 2019
State Bank of India drops SBI General IPO plans
SBI has said it doesn't need the capital from a flotation at this stage.
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- September 17 2019
Typhoon Faxai losses between US$3bn to US$7bn: AIR
At times last week's Japanese storm compared in strength with Typhoon Jebi.
