News Page 812 / 1086
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- July 9 2018
XL Catlin hires Australian portfolio solutions manager from Zurich
Jonathan Moss will be responsible for portfolio solutions, ensuring business alignment with brokers and managing relationships.
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- July 9 2018
Record rainfall slams southern Japan
The rain is forecast to continue for the next couple of days and many landslide warnings have been issued.
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- July 9 2018
Takaful insurers still struggle to gain foothold in local markets
Firms have not been able to differentiate themselves adequately from conventional insurance companies.
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- July 6 2018
Asia Reinsurance: Diversification and Growth
In 2017, Asia Pacific experienced a relatively benign loss year as total insured losses amounted to less than 5 percent of global insured losses.
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- July 6 2018
China remains the major source of emerging market growth
China now accounts for more than half of emerging market life insurance premiums written, or 11% worldwide.
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- July 6 2018
Singapore life market posts double-digit growth
Job growth in the city is largely being fuelled by the insurance and fund management sectors, says MAS.
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- July 6 2018
IDBI Bank no longer pursuing sale of stake in insurance JV
The proposed sale of its stake in IDBI-Federal Life has been torpedoed by LIC's investment in the bank.
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- July 5 2018
Hong Kong’s Arbor Ventures backs US$12m fundraising for Planck Re
The Israeli commercial insurance data platform is a pioneer in the use of AI in the commercial insurance industry.
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- July 5 2018
Zurich extends flood resilience alliance until 2023
The multi-sector alliance aims to generate US$1bn in additional funding for flood resilience.
