Insurance
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Insurers need to keep a close eye on fast evolving regulation situation in APAC: Aon
Insurers and reinsurers that are keen to expand into the huge Asia-Pacific market need to be aware of the rapid…
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Lloyd’s continues expansion in Asia as branch approved in India and MOU signed in China
The ongoing efforts by Lloyd’s to reach out to customers and brokers around the world, and not just wait for…
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Swiss Re reinsures Guangdong against nat cat risk
Swiss Re announced late last month that it had created a pilot insurance programme that covers Guangdong province, China’s leading…
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Validus expands in China
Validus Holdings, the Bermuda-based specialty insurance and reinsurance group with a strong presence at Lloyd’s, has announced that its Lloyd’s…
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One vision – AXA’s Asia strategy
Nicholas Pratt talks to AXA Corporate Solutions’ Etienne Champion about the insurer’s One AXA Asia initiative and its plans for…
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APRA offers to lighten capital charge for terror exposures
The Australian Prudential Regulation Authority (APRA) has written to general insurers, asking for feedback on the treatment of Australian Reinsurance…
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Cyber house rules
Commercial Risk Asia talks to David Piesse about the best way to manage cyber risk, the potential of insurtech and…
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Getting the benefits of international programmes – AXA Q&A
Guillaume Parard, P&C underwriting manager for AXA CS APAC and Asia practice leader for special risks, tells Commercial Risk Asia…
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The UK Insurance Act: Will it make insurance harder to place?
The Insurance Act 2015 shakes up insurance law in the UK. While the Marine Insurance Act 1906 (on which many…
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Employers’ liability claims continue downward trend
Employers’ liability (EL) claims continue to fall, although changes in the workplace and demographics raise questions for the future.
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Global solutions tricky for EL risk
Employers’ liability (EL) is not a cover that lends itself to international insurance programmes, however insurers are able to provide…
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Higher EL limits popular as rates fall
The positive trend in employers’ liability (EL) claims is unlikely to arrest falling insurance rates, as buyers turn to higher…
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Companies and governments must work together on cyber risk, say experts
Communication and sharing information across companies and geographies are key to better managing cyber risk, according to a panel of…
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Winds of change blow through corporate insurance sector
There are big changes underway within the corporate insurance sector and signs are it might not be good news for…
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The UK Insurance Act: Will it make insurance harder to place?
Some European risk managers are concerned that the UK’s Insurance Act, which came into force on 12 August 2016, might…
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Thinking risk to increase relevance–Anthony Baldwin, AIG
Anthony Baldwin has been given a difficult task. He took over AIG’s European and UK operations early this year amid…
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Softening market, M&A and Insurance Act on the agenda: Baldwin
According to AIG’s Anthony Bladwin, the current commercial insurance market is challenging and softer than it has been for several…
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Financial services urged to step up cyber security
The financial services industry has been warned to make cyber security a boardroom issue after new statistics revealed the industry…
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Corporate round-up
Chubb unveils German P&C team, SCOR to open in India for April renewals, Allied World appoints head of claims, Markel…
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Mining sector rate declines to slow
Insurance premiums for the mining industry will continue to soften in 2017, particularly for property risks, according to Marsh's latest…