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Europe
Demand for global programmes on the rise in Asia-Pacific
The expansion of Asian companies abroad is feeding the growth of global programmes.
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Europe
Parima weighs in over global programme clarity
The Asia risk manager association has joined the movement calling for more consistent regulation of global programmes.
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Europe
S&P sees continuing global insurance M&A
It's not clear that M&A deals always add value, but they will keep happening anyway S&P concludes.
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Ample reinsurance capacity at renewals
Ample reinsurance capacity was available to ceding companies at the April 2016 renewals, as with the January renewals, according to Aon Benfield's Reinsurance Market Outlook, "Reinsurance Capital Continues to Support…
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Europe
Tax and regulatory news
Problems of market access for EU insurers, ESAs identify vulnerabilities affecting the EU financial system, Aspiro decision could mean increased VAT costs for UK insurers, Insurance supervisory levies scaled down…
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Europe
News in brief
Total cost of risk falls by 2% says RIMS, Nat cat global insured losses low in 2015, Captive cyber survey reveals risk concerns, Insurers may pull out of energy insurance…
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Europe
Captive news
Artex Risk Solutions acquires Hexagon and Kane, White paper on medical stop loss captives, North Carolina reveals captive success, Record year for Delaware and series captives, New leadership team for…
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Europe
Not all offshore financial centres are the same
A captive domicile is right at the heart of the biggest tax avoidance scandal in recent years. Whilst not exactly a major player in the captive sector, Panama nevertheless has…
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Asia
Singapore insurers continue expansion drive but returns are not guaranteed
Singapore-based international insurers and reinsurers such as Beazley and XL Catlin continue to announce ambitious expansion plans for the Asia-Pacific region, which is obviously good news for the local insurance…
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Asia
Parima targets software market
The pan-asian risk and Insurance Management Association (Parima) has extended its partnership programme to include service and technology providers.
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Asian centres under spotlight as World Bank calls for abolition of tax havens
Asia has by no means escaped the seemingly endless tentacles of the Panama Papers scandal, with Hong Kong, Singapore, Macau and even Sri Lanka said to be heavily involved in…
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Asia
Lloyd’s applies for license and appoints country head in India as part of big expansion plan
Indian corporations and insurers can expect Lloyd’s to make a more aggressive pitch for their insurance business in future as the London-based market earlier this month announced its intention to…
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Asia
Asian shipping companies face concern from insurers over safety
Out dated standards, economic pressures and the emergence of new cyber exposures are threatening to scupper any advancement in shipping safety in Asian waters.
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Asia
Trade credit cover ready for takeoff in Asia: Scor
Asia-Pacific has become a major contributor to global merchandise trade (GMT), having achieved a compound annual growth rate of 12.2% in nominal merchandise trade. Yet, trade credit insurance is still…
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Plentiful reinsurance capacity holds down rates, sparks innovation
Reinsurance buyers in the Asia-Pacific region can look forward to a good year and primary buyers will benefit too. Adrian Ladbury reports on Aon Benfield’s latest reinsurance market analysis.
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Competition drives capacity to Asia in search of growth
Leading global reinsurance broker Aon Benfield sees great opportunities for growth in the Asia-Pacific region, as outlined in its latest reinsurance market report. Adrian Ladbury asked Malcolm Steingold, chief executive…
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Philippines must use strong economy as base for reforms to create more and better jobs says World Bank
The latest analysis of the philippine economy from the World Bank shows that it remained a strong performer in the region, despite slow global growth.
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Asia
Modest growth easing forecast for east Asia and Pacific: World Bank
The World Bank’s latest report on the east Asia and Pacific region concludes that countries need to adopt monetary and fiscal policies that reduce their exposure to global and regional…
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Asia
Unmitigated natural disasters
A high rate of natural and man-made catastrophes has not been matched by a take-up of insurance, creating concern about a widening gap in protection for Asian businesses.
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Asia
Keep calm and carry on abroad
Concern about terrorism and natural catastrophes has highlighted the need for corporates to have robust travel policies in place to manage what is a complex and multi-faceted risk.