News Page 964 / 1106
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- October 17 2016
Global catastrophe market to grow 5.49%
Climate change and natural and man-made disasters will be a key driver for the market's continued growth.
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- October 14 2016
China flood losses huge but uninsured
Only 1.5% of US$38bn economic losses were covered by insurance, according to Aon Benfield.
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- October 14 2016
Global health insurance market to grow 11%
But Donald Trump's plan to repeal Obamacare could decrease coverage by 15.6m people.
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- October 13 2016
Thailand tightens rules on bank insurance sales
Brokers will clearly have to state if a transaction is an insurance product or a deposit.
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- October 13 2016
Korean firms to face sluggish growth in 2017
Persistent low interest rates, weak economic growth and an ageing population are to blame.
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- October 12 2016
China fast-tracks health insurance reforms
Chinese authorities called on all provinces to start and release their respective plans by the end of the year.
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- October 12 2016
Aon acquires cyber security specialist Stroz Friedberg
The combination gives Aon access to cyber security governance and advisory services.
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- October 12 2016
Koreans spend W100tn on social insurance
Costs last year increased 6.3% from the preceding year, according to the Korea Employers Federation.
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- October 11 2016
Peak Re and NexAssure enter into MGA partnership
The two companies have entered into a managing general agency agreement in the area of extended warranty insurance.
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- October 11 2016
Cyclones in September cost global economy over US$4bn
In Asia, Super Typhoon Meranti was estimated to have cost US$2.4bn, mostly in China.
