Industry Segments: Property & Casualty Page 12 / 12
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- July 27 2016
Fosun to spin off insurance arm in IPO
Ironshore will be sold in an initial public offering on either the New York Stock Exchange or the Nasdaq market, the company says.
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- July 4 2016
Chubb names regional president
Paul McNamee will be primarily responsible for the general management and business results of the insurer's business in the region.
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- May 11 2016
Asia to generate 25% of premiums by 2025
Munich Re projects that China will become the second-largest insurance market in the world behind the US.
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- March 14 2016
Gen Re exits Hong Kong, Melbourne
The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.
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- January 25 2016
Inefficiencies threaten disruption to insurance industry
Expensive cost structures and the high cost of capital are weaknesses that disruptors will exploit.
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- December 24 2015
Ace Group announces new APAC leadership team for Chubb
Paul McNamee also named as deputy regional president and regional head of P&C, Asia Pacific
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- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
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- December 1 2015
Global insurance rates drop in third quarter, says Marsh
Property insurance posted the biggest decline, with the biggest drops seen in the Asia-Pacific region.
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- November 9 2015
AXA Philippines enters P&C market
The French insurer is expanding its relationship with Metrobank after buying 100% of Charter Ping An.
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- October 30 2015
The challenges of Japan’s wind revolution
Today, in the wake of a public backlash against atomic energy, Japan is increasingly turning to domestic renewable sources such as wind.
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- October 16 2015
P&C insurance outlook for Asia largely flat, Moody’s
For Asia, some bright spots are likely to be found in Japanese markets, says the rating agency.
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- October 14 2015
Philippines property insurance market booming
The country had one of the fastest-growing property insurance markets between 2010 and 2014.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 21 2015
China Re wins approval for US$2bn Hong Kong IPO
The company is offering up to 15% and expects to pitch the deal to investors in early October.
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- September 3 2015
Vietnam’s insurance market up 23% in five months
Insurance firms in Vietnam enjoyed a robust first five months of the year in total premium revenue.
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- September 2 2015
Tianjin blasts will not affect profit, say Chinese insurers
PICC and CPIC say the effect of the accident will be minimal due to reinsurance.
