News Page 830 / 1197
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- August 28 2019
Peak Re’s H1 GWP up 21.5% while profits decline 55%
The first half of the year has seen a mixed performance at the Hong Kong-headquartered reinsurer.
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- August 28 2019
Allianz Australia to refund US$5.4m to customers
Australian Securities & Investments Commission has requested refunds for consumer credit insurance.
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- August 28 2019
South Korea’s majors under pressure
Fitch warns on credit stability in a slow growth and low interest environment.
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- August 28 2019
PICC’s profits climb 53% in H1
Another Chinese giant has benefited from a strong investment result.
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- August 27 2019
Tokio Marine’s RHB Malaysia deal moves closer
RHB Bank is on track to sell its P&C division by the end of Q1 2020.
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- August 27 2019
Australian firms see plunge in underwriting result
Nat cats in Sydney and Queensland saw overall annual underwriting profit drop 44.7%.
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- August 27 2019
ZhongAn makes H1 profit in turnaround
The Chinese online player has reduced its underwriting losses and produced a stellar investment performance.
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- August 27 2019
Euler Hermes hires former AIG director in China
Christopher Shortell is leading one of the trade credit insurer's fastest growing markets.
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- August 27 2019
China Pacific Insurance’s profits double in first half
Investment income and tax policies have both contributed to the Chinese giant.
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- August 26 2019
Cathay Life’s US$320m raising to improve RBC ratio: Moody’s
The equity injection will help the insurer with its IFRS 17 capital requirements.
