Will Asia’s run-off market catch up with the US?
December 11 2019 by Yvonne Lau
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IAG secures US$2.8bn 5-year nat cat cover and US$450m long-tail reserve protection
- June 28
The Australian insurer has bought the additional reinsurance protection from Berkshire Hathaway and Canada Life Re, while the long-tail adverse development cover is provided by Enstar.
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KB Insurance completes US$100m loss portfolio transfer deal with Swiss Re
- November 15
With the Howden Tiger arranged deal, the Korean carrier will transfer its US commercial multiperil and workers’ compensation lines' net loss and unearned premium reserves to the reinsurer as part of the insurer's US branch wind down plan.
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Enstar Group in LPT deal with RACQ for 80% of motor liabilities up to accident year 2021
- February 22
Under the reinsurance deal RACQ will cede net reserves of approximately US$264m.
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Enstar signs US$1.9bn LPT deal with QBE
- February 17
The loss portfolio transfer includes international and North America financial lines.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
