HK insurers wince as China adds more FX restrictions
January 6 2017 by Nick Ferguson
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Hong Kong’s Nova Insurance in ‘unique’ position with acquisition of Chinese broker
- January 16
Beijing Nova Insurance Services has become an indirect wholly-owned subsidiary of FSE Lifestyle Services, and will operate as part of Nova Insurance Group.
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WTW expands APAC cyber coverage with facility in Hong Kong, Singapore
- January 13
Underwritten by QBE and Axa XL, solution will have a primary insurance capacity of up to US$15m.
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Coface continues APAC management rejig with 3 appointments
- January 9
Chris Murphy becomes general manager of Hong Kong branch, with Ronald Chai succeeding him as regional head of mid-market, while Sarah Chu will assume the role of Taiwan general manager.
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WTW appoints Marsh’s Ostwald Lam as associate director in Hong Kong
- January 8
Lam, who has around 25 years of industry experience with expertise in claims, will focus on the broker's claims services.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
