Nicholas Pratt
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Asia
HK investor sues robo-adviser in potential landmark case about AI liability
A proposed legal case in Hong Kong could give a significant insight into one of the most debated issues around…
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Asia
Munich Re appoints new head for southeast Asia
Former Canopius executive Linus Phoon has been appointed as the new head for Singapore and southeast Asia by Munich Re.…
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Record insurtech investment levels belie lack of obvious value: WTW
Investment in the insurtech sector reached record highs in Q1 2019 yet there is a lack of obvious value in…
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Asia
April renewals create mixed picture for insurance buyers
Despite the apparent hardening of the insurance market following the April renewals in Japan, it is still possible for commercial…
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Asia
Allianz buys stake in Thai insurer for $95m
German insurer Allianz has splashed out $95m to acquire a 19% stake in Thai insurer Sri Ayudhya Capital. The deal…
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Asia
Philippines to join ASEAN disaster risk facility
The Philippines Government has announced its intention to join with Japan and five other Association of Southeast Asian Nations (ASEAN)…
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Asia
Marine piracy drops by 25% in Asia
Latest figures produced by the Regional Cooperation Agreement on Combating Piracy and Armed Robbery Information Sharing Centre (ReCAAP ISC), an…
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Asia
RIMS strikes educational partnership in India
US risk management association RIMS has signed a memorandum of understanding (MoU) with the National Insurance Academy (NIA) in India,…
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Asia
Delta Insurance launches cyber cover for Asia-Pacific
New Zealand-based specialist insurer Delta Insurance has unveiled a cyber protection and insurance product for businesses in Asia-Pacific. The cyber…
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Asia
Swift report shows concentration of bank cyberattacks in southeast Asia
Banking cooperative Swift, which runs the global network for interbank payments, has issued a new report on bank-focused cyberattacks, which…
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Climate Change
ADB chief calls for more action on disaster risk reduction
The chief economist at the Asian Development Bank (ADB) has called on governments and the insurance industry to increase their…
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Asia
Australian mining firm wins $55m insurance payout
Kingsgate Consolidated, an Australian mining firm, has been awarded a $55m payout from a political risk policy it has with…
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Asia
Cost of typhoon Jebi to hit $12bn
The latest estimates from reinsurers suggest that the cost to the insurance industry of Typhoon Jebi could rise to as…
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Asia
HDI Global Specialty sets up aviation team in Australia
HDI Global Specialty Australia has appointed Jamie Bowes to head up its new general aviation team in Asia-Pacific. Mr Bowes…
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Asia
Ed bolsters credit and political risks team in Singapore
Specialty broker Ed has appointed Abhishek Chhajer as its new head of credit, political risks and surety solutions. He will…
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Asia
Markel appoints strategy head for Asia
Specialty insurer Markel International has hired Christian Stobbs as strategy director for Asia. Based in Singapore, Mr Stobbs will be…
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Asia
Asian P&C rates to rise by 10% says WTW
Global broker Willis Towers Watson (WTW) has forecast that catastrophe loss-affected property and casualty (P&C) rates will rise by at…
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Asia
AIG hires new head for Singapore office
Global insurer AIG has appointed Christian Sandric to act as president and chief executive of its Singapore office. Mr Sandric,…
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Asia
Zurich Australia launches M&A underwriting agency
Zurich Australia has teamed up with Fusion Specialty Insurance to launch a mergers and acquisitions (M&A) underwriting agency partnership. Under…
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Asia
China Re brings Chinese renewable energy risks to London
China Re, now the biggest reinsurance group in Asia and eighth globally by premium income, has announced the launch of…