Tony Dowding
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Asia
Labuan sees captive growth in 2018
Labuan saw six new captives licensed in 2018, bringing the total number of captives in the domicile to 48. According…
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CRE Insurance
Average Atlantic hurricane season forecast with six hurricanes and 14 named storms
Colorado State University (CSU) hurricane researchers have increased their 2019 hurricane season forecast slightly from April, and now believe that…
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Asia
Insurance market in Hong Kong grows 12% in first quarter of 2019
The Hong Kong insurance industry saw a 12.5% increase in total gross premiums to $148.8bn for the first quarter of…
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Global Risk Manager
Lockton sees 10.3% increase in revenue for 2019 fiscal year
Insurance broker Lockton has reported a 10.3% increase in revenue for the 2019 fiscal year, ending on 30 April 2019.…
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Asia
Best maintains negative outlook on India’s non-life insurance market
India’s non-life insurance market is characterised by continued reliance on realised and unrealised investments gains to offset technical losses, potential…
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Asia
China pushes ahead with market reforms
China’s promise to further liberalise its domestic capital market and open up to foreign investors, in spite of the ongoing…
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Captives
Airmic launches captive guide for iNEDs
A guide to help independent non-executive directors (iNEDs) appointed to the boards of captive insurance companies is now available from…
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Asia
Payment delays cloud Asia-Pacific outlook
Slowing trade growth in many Asia-Pacific countries is prompting businesses in the region to increase their use of trade credit…
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BI
Swiss Re report highlights emerging risks for insurers
The latest Swiss Re Institute SONAR report has highlighted a number of key risks including digital technology's clash with legacy…
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CRE Insurance
Moody’s expects further insurance consolidation in Europe
Further consolidation is expected in the European insurance sector following a number of significant M&A deals in 2018, according to…
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CRE Insurance
Solvency II review is opportunity to improve design and calibration, says Insurance Europe
The first major review of Solvency II is an opportunity to make the improvements needed to the design and calibration…
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Global Risk Manager
Atradius report highlights South American trading risks
Chile is the lowest-risk country in South America in terms of trading risk, according to a report from trade credit…
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Asia
Korean premiums fell in 2018, but 3% growth in non-life business
The Korean insurance market saw premium income fall by 0.3% in 2018, from KRW202.31trn in 2017 to KRW201.78trn last year.…
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CRE People Moves
Liberty Specialty Markets appoints head of trade credit multi-buyer
Paul Kunzer has been appointed as head of trade credit multi-buyer and excess of loss at Liberty Specialty Markets, part…
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Asia
Asia-Pac captive domiciles to see growth, says Best
Captive domiciles in Asia-Pacific are set to benefit from growth in Asia’s economies, according to AM Best. The ratings agency…
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CRE Insurance
Moody’s says IFRS 17 unlikely to alter credit assessments
IFRS 17 will meaningfully affect some insurers' reported profit and equity, but their underlying financial position will not change, according…
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Asia
Marsh index reports continuing global commercial insurance price increases
Average global commercial insurance prices increased 3% in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.…
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Asia
Ping An is most valuable insurance brand, again
Ping An is the world’s strongest and most valuable insurance brand, according to the latest report by Brand Finance, the…
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CRE Insurance
New terrorism and sabotage offering from Ensurance UK
Specialist MGA and Lloyd’s coverholder Ensurance UK has launched a new terrorism and sabotage offering. The new product offers full…
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CRE People Moves
Donnie DiCarlo joins BPL Global from Marsh
BPL Global has appointed Donnie DiCarlo as executive vice-president. He joins BPL Global after ten years as senior vice-president of…