Nicholas Pratt
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Asia
Chinese company faces record fine from US for breaking Iran sanctions
A Chinese telco provider is facing a $1.9bn fine for violating US economic sanctions in a case that should act…
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Asia
Indian insurance buyers can expect tougher renewals
Indian non-life insurance rates will rise by up to 15% in some classes of business in the coming 1 April…
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Asia
Singapore government issues call for cyber security experts
A new scheme designed to attract more cyber security professionals to the public sector will be introduced later this year…
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Asia
Sompo develops online reputation insurance for corporates
Japanese insurer Sompo has launched a new insurance policy designed to protect a business from online attacks on its reputation,…
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Asia
Swiss Re opens KL office and appoints new Japan head
Swiss Re Corporate Solutions (SRCS) has commenced operations at its newly opened Malaysian office. Based in Kuala Lumpur, the office…
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Asia
Tesla trials new auto insurance model in Asia
Tesla, the company synonymous with the development of driverless cars, has been using Asia as a testing ground for a…
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Asia
APAC insurance pricing remains competitive: Marsh
Insurance rates in Asia-Pacific remained “generally competitive” across most major coverage lines during 2016, according to the Global Insurance Market…
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Asia
China denies claims of clampdown on cross-border cash flows
The foreign exchange authorities in China have countered claims that foreign companies are struggling to repatriate profits under China’s restrictive…
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Asia
Asia faces $26trn infrastructure hole: ADB
Risk managers’ interest in mitigating the exposures in large infrastructure projects could be set to rise after the Asia Development…
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Asia
Parima signs three more partners
The Pan-Asia Risk and Insurance Management Association (Parima) has recruited a further three additions to its roster of corporate partners. …
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Asia
Zurich restructures its APAC business
International insurer Zurich has announced a major overhaul of its Asia-Pacific business, merging its corporate and commercial units into a…
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Asia
Landmark case in HK could push up price of D&O insurance
Risk managers and insurers are eyeing the progress of a landmark Hong Kong tribunal that could have massive implications for…
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Asia
Vietnam hosts APEC forum on disaster insurance
Experts from the Asia-Pacific Economic Cooperation (APEC) forum and a number of international financial institutions met in Vietnam this week,…
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Asia
Australia passes new data privacy law
Companies in Australia will soon face mandatory notification obligations in the event of a data breach, after the federal parliament…
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Analysis & Opinion
Managing a product recall in Hong Kong
As the recent Samsung and VW product recall issues have shown, the consequences of a recall can be globally significant.…
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Asia
IAG plans insurtech hub in Singapore
Insurance Australia Group (IAG) is the latest insurer to launch an insurtech centre in Singapore, in a bid to spread…
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Asia
Navigators assembles new management team for Asian expansion plan
US-based specialty insurer Navigators has appointed a new management team for its Asia division. The team, which will be based…
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Asia
Scandals highlight rising D&O risk in corporate Asia
High level executives in Asia corporates face a much greater risk of litigation and liability due to more stringent regulation,…
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Asia
Parima passes 1,000 member milestone
The Pan-Asia Risk and Insurance Management Association (Parima) has announced that its membership has exceeded the 1,000 mark. The milestone…
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Asia
‘End of globalisation’ biggest threat to APAC corporates: report
The potential end of globalisation is the number one threat to Asian companies, according to report from risk consultancy Control…