Asian insurance M&A slumps by 40%
August 8 2017 by InsuranceAsia News-
Steamship elevates Eric Wu as greater China managing director
- April 2
Hong Kong-based Wu was most recently director and head of underwriting eastern syndicate for the P&I club.
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Asian renewals see broad softening, but outcomes diverge by territory and loss experience
- April 1
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
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China Re’s P&C net profit drops marginally to US$740m as revenue stays flat
- March 31
Domestic P&C COR deteriorated to 95.98% as reinsurance service performance fell by half to US$109m.
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CPIC’s P&C insurance division shows ‘marked improvement’
- March 27
Combined ratio fell by 1.1% to 97.5% in FY25, while the division’s primary premium income was almost flat at US$29.6bn.
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