News Page 773 / 1223
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- July 24 2020
IAG scraps dividend after FY earnings hit
CEO Peter Harmer cites a triple whammy of nat cats, Covid-19 and lacklustre investment returns.
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- July 24 2020
Asia racks up H1 US$31bn nat cat bill: Aon
Cyclone Amphan and China's ongoing floods top loss list but much of the damage isn't insured.
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- July 24 2020
People Round-up: BMS, Markel, SBI General
Markel's Wanshi Lin to become a hull and war underwriter in its marine division.
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- July 24 2020
US tech giants enter India’s digital insurance market
Amazon and WhatsApp move into an increasingly competitive digital insurance sector.
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- July 23 2020
Aon’s Shepherdson on Asia’s energy market
Broker's Asia head of energy and mining gives her verdict on rates and cover after sector losses.
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- July 23 2020
Swiss Re reveals H1 Covid-19 hit, completes ReAssure sale
Pandemic has cost around US$2.5bn in claims and reserves across P&C, L&H and Swiss Re CorSo.
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- July 23 2020
CBIRC delegates authority for majority of P&C insurers
Local authorities to become responsible for 64 P&C players.
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- July 23 2020
QBE expects US$750m first half loss
The global player has been hit hard by Covid-19 and nat cats but CEO Pat Regan remains positive.
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- July 22 2020
Indian insurtech shoots for US$3.5bn IPO valuation
More activity in the emerging market's digital scene, as CEO Dahiya taps "global interest."
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
