Nicholas Pratt
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Asia
Labuan stakes claim for title of top Asian captive centre
Labuan has claimed top status as the captive of choice for Asian corporates following the results of a survey commissioned…
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Asia
Cat bonds issuance reaches record levels in Q2
The rise of insurance-linked securities continues to reach new levels after the issuance of catastrophe bonds exceeded previous records in…
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Asia
Hong Kong startup aims to bring commercial insurance into the digital age
An attempt to develop a digital insurance risk exchange is set to be launched later this month, which aims to…
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Asia
China’s multinationals prepare for internet crackdown
The many multinational companies operating in China are bracing themselves for an uncertain future in terms of access to the…
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Asia
Philippines pilots parametrics scheme for disaster-prone provinces
The Philippines government has announced the next step in its parametric insurance scheme designed to combat the losses from natural…
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Asia
Singapore regulator calls for more use of parametric insurance
The managing director of Singapore’s financial regulator has called for greater use of parametric and index-based insurance to close the…
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Asia
Asia floods cause $10bn in uninsured losses in July
Severe seasonal floods have left a costly bill of more than $10bn of economic or insured losses across Asia in…
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Cyber & Technology
Cyber insurance set to soar in Asia thanks to WannaCry
The adoption of cyber insurance is set to rise dramatically in Asia in the wake of the WannaCry virus that swept…
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Asia
QBE hires new CEO in Malaysia
Chris Kurinsky has been appointed as the chief executive of QBE Insurance (Malaysia) Berhad, making him responsible for the Australia-based…
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CRE Legal Regulation
Hong Kong Exchange rejects insurance broker’s IPO
A Chinese state-owned insurance broker that describes itself as “the largest local corporate insurance brokerage and risk solutions firm in…
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Insurtech funding rises by 248% in Q2
Investment in insurtech rose to almost $1bn in the second quarter of 2017, an increase of 248% on the previous…
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Asia
AIR unveils Thunderstorm model for Australia
Catastrophe modelling firm AIR Worldwide has released what it claims is the first severe thunderstorm model for Australia to capture…
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Asia
Half of Asian businesses have no liability insurance: QBE
Asia’s corporate market is significantly underprotected against liability risks, according to a recent study by QBE Insurance that revealed roughly…
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Asia
XL Catlin launches cyber insurance in Asia-Pacific
Bermuda-based insurer XL Catlin has unveiled a cyber and data protection insurance policy for Asia-Pacific. The policy covers business interruption…
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Asia
Munich Re puts cost of Cyclone Debbie claims at $1.4bn
Global reinsurer Munich Re has released the highest-yet estimate of the losses from Cyclone Debbie, putting the insured loss at…
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Asia
Korean insurer introduces robo-tellers to its sales staff
South Korean insurer AIA Korea has teamed up with technology firm SK C&C to introduce what it claims is the…
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Asia
Calling all risk managers: share your insight in our Risk Frontiers Asia survey
Commercial Risk Asia is calling on all risk managers in the region to help us compile the industry’s most authoritative…
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Asia
Leading politician named in Indonesia corruption case
Indonesia House of Representatives Speaker Setya Novanto has been named as a key suspect in one of the biggest anti-graft…
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Asia
Cyber attacks could cost as much as a natural disaster: Lloyd’s
Asia continues to be underinsured against cyber attacks despite recent research that puts the cost of such an attack as…
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Asia
China promises more regulatory oversight following party conference
China is promising an era of greater regulatory supervision and macroprudential risk management following the National Financial Work Conference, a…