Tony Dowding
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Global Risk Manager
Aon launches new pooled employer plan in US
Aon has responded to the US Setting Every Community Up for Retirement Enhancement (SECURE) Act provision by launching its new…
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Asia
Fitch Asia reports focus on regulatory oversight and market sophistication
Fitch Ratings has published a series of reports looking at the industry profile and operating environment of a number of…
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CRE Insurance
Gallagher warns that D&O market remains a challenge for businesses
Underwriters are concerned about the impact of Covid-19 on the directors and officers (D&O) insurance market, with the pandemic likely…
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Asia
AIA gains regulatory approval for Shanghai branch conversion to subsidiary
AIA Company has converted its Shanghai branch into a wholly-owned subsidiary, which will be the first wholly foreign-owned life insurance…
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Global Risk Manager
Fitch coronavirus review sees LatAm insurer rating downgrades
Fitch Ratings has downgraded or given a negative outlook to a third of its international ratings in Latin America, following…
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Markel International pulls out of personal accident and contingency insurance
Markel International is to stop writing personal accident and contingency insurance. The business was written as part of its personal…
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CRE Insurance
Changes to insurance-related charges in Saudi Arabia and Spain – TMF Group
There have been a couple of recent changes to insurance-related charges, including VAT, in Saudi Arabia and Spain, that may…
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Asia
India’s general insurance sector to see slower annual growth rate in 2020
Annual growth is set to slow in 2020 for India’s general insurance industry but will then pick up again for…
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Asia
Strong growth in Vietnam’s non-life sector, stable market outlook – AM Best
Vietnam’s non-life insurance sector grew by 12% in 2019 to VND52.3trn ($2.2bn) in terms of direct premiums written, according to…
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Captives
Artex launches rent-a-captive solution for transportation industry
A new alternative risk programme has been launched by Artex, designed specifically for the transportation industry. The programme is a…
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Captives
SRS looks for Latin American expansion with new appointment
Captive manager Strategic Risk Solutions (SRS) is to boost its presence in Latin America with the appointment of Luis Delgado…
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Cyber & Technology
Aon report highlights US cyber premium growth and increased loss ratio in 2019
US cyber premiums grew to $2.26bn in 2019, an 11% increase from the previous year, with similar rates of growth…
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Global Risk Manager
Slower premium growth and 2020 claims spike but recovery by 2023 for Brazil
Brazil’s insurance industry is expected to see an initial slowing of premium growth rates but will recover to previous levels…
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CRE Legal Regulation
Temporary exemption for certain insurance premium taxes in Russia
Specialist insurance premium tax (IPT) compliance firm Impendulo has highlighted some changes to the Russian tax code in relation to…
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Global Risk Manager
Moody’s: US P&C insurers affected by coronavirus but capital remains strong
The coronavirus-related economic downturn will hurt US property and casualty (P&C) insurers' premium volumes and have mixed effects on underwriting…
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Analysis & Opinion
BEAT update: Mitigation strategies
In 2017, the US Congress enacted Internal Revenue Code Section 59A – a new base erosion and anti-abuse tax, colloquially…
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Captives
New Vermont-based group captive for upper mid-market firms launched by WTW
Willis Towers Watson (WTW) has launched a group captive solution designed for upper middle-market companies. Homestead Insurance Company Incorporated Cell…
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Captives
Prime conditions for captives as market hardens, Guernsey webinar hears
Captives are becoming a necessity and returning to their core benefits as a result of the pandemic, and captive owners…
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Global Risk Manager
More confirmation of US commercial insurance hardening market
US commercial insurance prices increased significantly during the first quarter of 2020 compared with the first quarter of 2019, according…
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Asia
Ergo acquires 24.9% stake in Chinese insurer Taishan Property & Casualty
ERGO Group is to make a strategic investment in Taishan Property & Casualty Insurance, a Shandong-based nationwide property and casualty…