Nicholas Pratt
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Asia
Takata fights liability claims in US bankruptcy court
Beleaguered airbag manufacturer Takata is facing more legal troubles just weeks after filing for bankruptcy in a US court, and…
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Asia
Chinese city pilots first ‘unhackable’ communication network
The city of Jinan in eastern China has successfully piloted an “unhackable” communications network using quantum communications technology, marking a…
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Asia
Singapore opens consultation on cybersecurity bill
The Cyber Security Agency of Singapore (CSA) and the Ministry of Communications and Information have released the much-anticipated Cybersecurity Bill…
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Asia
Vietnam sees 21% growth in premiums in first half of 2017
Insurance companies in Vietnam have collected a total premium in the first half of 2017 of VND47.17trn ($1.8bn), a 21%…
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Asia
Cambodia and Thailand sign MoU over insurance regulation
A new era of cooperation between the insurance markets in Cambodia and Thailand could be heralded by the signing of…
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Asia
RMS adds cyclones and earthquakes to its Asia-Pacific risk models
Risk modelling and analytics firm RMS has expanded its portfolio of risk models with the addition of tropical cyclone and…
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Asia
AXA Affin issues telematics-based auto insurance in Malaysia
AXA Affin General Insurance has launched what it claims is the first auto insurance policy in Malaysia to use telematics,…
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Asia
China expected to appoint hardliner to lead insurance watchdog
A senior Communist Party official with a reputation as a ‘graft-buster’ is slated to take over the supervision of China’s…
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Asia
Asia operating three-speed insurance market: Allianz
Asia’s insurance market may have been growing at an average annual rate of 7.5% for the past nine years and…
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Asia
Swiss Re launches parametric typhoon policies for Hong Kong and China
Swiss Re Corporate Solutions (SRCS) has launched what it claims is the first ever typhoon warning insurance product for Hong…
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Asia
Japanese insurer warns of unknown cyber liabilities in P&C policies
Insurers could be liable for massive cyber losses they are unable to cover due to the loose wording of their…
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Asia
Fukushima executives go on trial in Japan
Three former executives at the Fukushima Daiichi nuclear power plant have pleaded not guilty to charges of professional negligence, in…
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CRE Legal Regulation
Fitch paints positive picture for Indonesia’s insurers
Ratings agency Fitch is forecasting a rise in premium growth for Indonesia’s insurance industry, on the back of a predicted…
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Asia
More changes at the top for AXA’s Asian arm
AXA has announced further changes to its executive team in Asia-Pacific. Jean-Louis Laurent Josi, chief executive officer of AXA Asia…
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Asia
Specialist cyber insurer opens in Singapore
A new insurer has launched in Singapore, hoping to capitalise on the growing insurtech market in the country. Delta Insurance…
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Asia
Guy Carpenter launches Asian retrocession service
Global reinsurer Guy Carpenter has launched a new unit dedicated to providing retrocession services to clients in Asia-Pacific. GC Asia-Pacific…
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Asia
AGCS opens S Korea office as Asia expansion continues
Allianz Global Corporate & Specialty (AGCS), the corporate and specialty arm of the German insurer, has opened a new office…
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Asia
South Korea government warns firms not to pay ransomware demands
The South Korean government has urged companies not to cave in to ransomware demands from cyber criminals after a South…
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Asia
Japan sees surge in cyber insurance
Insurers have reported a sharp increase in the adoption of cyber insurance policies among Japanese businesses. Mitsui Sumitomo Insurance said…
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Asia
Five insurers quit Philippines market over capital requirements
Five insurers will exit the Philippines’ non-life insurance market by the end of the year because they see new capital…