Asia
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March 19, 2024
Indonesian general insurance industry to see strong growth in 2024
The general insurance industry in Indonesia is expected to grow by 14.8% in 2024, driven by favourable regulatory reforms, rising…
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March 19, 2024
Europe and Central Asia hotspots as forced labour profits reach $236bn
Annual private sector profits from forced labour have reached $236bn, up 37%, or $64bn, since 2014 with Europe and the…
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March 19, 2024
Hong Kong general insurance sector sees premiums rise but profit fall
The Hong Kong general insurance industry saw total gross premiums increase by 4.1% to $67.3bn in 2023, according to provisional…
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March 19, 2024
Chubb launches global transactional risk platform
Chubb has launched a global transactional risk platform that will offer its products across international markets while boosting its existing…
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17.10.2024
CONFERENCE: Construction Risk Management Asia 2024
The recently published Global Construction Futures Report, produced by Oxford Economics, predicts that completed global construction work will grow over…
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March 18, 2024
Ferma’s survey deadline approaches
The deadline to take part in this year’s Ferma survey, which is open to risk managers around the world for…
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
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March 8, 2024
Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…
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March 7, 2024
Workplace stress a key driver of ‘alarming’ rise in mental health problems: AXA
The mental health of workers is deteriorating and the workplace is one of the main reasons behind this trend, according…
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March 7, 2024
Dynamic shift in appetite from Singapore and Malaysia insurance markets
Both the Singapore and Malaysia markets show a dynamic shift in insurers’ focus, with a heightened appetite for cyber, marine,…
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March 5, 2024
Latin America and Asia see big growth in ‘true risk managers’ as insurance becomes business enabler
Risk and insurance managers in key growth markets Latin America and Asia are becoming more sophisticated as their businesses expand…
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March 5, 2024
Extreme weather in Australia’s summer costs insurers A$1.2bn
Insured losses from extreme weather during the Australian summer could reach A$1.2bn, according to an estimate from the Insurance Council…
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March 4, 2024
Aon announces new head of India
Rishi Mehra has been appointed as head of India, Aon. He will be based in Mumbai and report to Anne…
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March 4, 2024
Strong growth forecast for New Zealand general insurance sector
The general insurance industry in New Zealand is expected to grow by 8.3% in 2024, supported by property and motor…
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March 4, 2024
European companies lead on board-level gender diversity
Europe is leading gender diversity league tables, according to Fitch Ratings, with nine European countries achieving the highest proportion of…
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March 1, 2024
Coface pricing down 1.9% but claims costs now above pre-pandemic levels
Trade credit insurer Coface said rates were down 1.9% last year but has so far avoided a spike in claims…
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March 1, 2024
Asian countries face ‘moderate’ rise in insolvency risk
Allianz Trade expects most Asian countries to face a “moderate” increase in insolvencies this year, including China. As it released…
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February 28, 2024
Greater optimism on global property renewals
Companies with excellent loss experience should feel a lot more optimistic going into their 2024 property insurance renewals, according to…
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February 27, 2024
Beazley highlights global cyber regulatory changes
The Portuguese Insurance and Pension Funds Supervisory Authority has recently declared that insurance contracts indemnifying the ransom payment associated with…