Nicholas Pratt
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CRE Insurance
IUA issues guide to delegated authorities
The International Underwriting Association (IUA) has updated a good practice guide for the appointment of delegated authorities (DAs) in light…
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Asia
Parima holds Manila conference
Asia’s risk managers gathered in the Philippines to discuss technology disruption, changes in consumer behaviour and the threat of fake…
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Asia
Allianz forecasts rebound for Asia’s insurance markets
Following a disappointing 2018, Allianz is predicting that Asia’s insurance market will rebound in 2019 and be a primary driver…
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Asia
Modi’s Indian election win welcomed by economists and investors
Financial markets and international investors have hailed a potentially positive economic impact from the re-election of Narendra Modi as prime…
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Asia
FM Global survey shows mixed corporate governance picture for Asia
Singapore has emerged as the leading country for corporate governance according to the 2019 edition of the FM Global Resilience…
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Asia
Markel appoints new personal accident head in Asia
US-based specialty insurer Markel International has hired former AIG executive Rajesh Sinha as its new head of personal accident, contingency…
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Asia
Argo Global bolsters APAC underwriting team
Lloyds insurer ArgoGlobal has expanded its Asia-Pacific team by appointing Zachary Tan as accident and health (A&H) underwriter. Mr Tan…
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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…