Insurance
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Airmic and ABI warn against IPT rises
Ahead of the UK government's budget announcement later this month, the country's risk management association Airmic and insurer trade body,…
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UK sets out cat bond and ILS plans
The UK government has launched a consultation into new laws aimed at promoting a market for insurance-linked securities (ILS) in…
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Coface reports brighter picture on European liquidations
Europe experienced an overall reduction in liquidations during 2014 and 2015, according to credit insurance group Coface.
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EC announces plan to meet Paris climate agreement
The European Commission (EC) this week presented an assessment of the implications for the European Union (EU) of the new…
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Parima board member urges corporate insurers to uplift technology investment
Corporate insurance buyers fear they are being left out of the technology innovations being introduced by the insurance industry for…
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Foreign insurers nervously await OJK ownership cap decision
The ability of international insurance and reinsurance companies to further expand their activities in the potentially massive Indonesian insurance market…
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Sky high capacity will fuel another comfy year for Asian insurance managers: Aon
Corporate insurance managers across the Asia-Pacific region can look forward to another year of soft and competitive insurance rates, terms…
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HK regulator calls for greater technology spending
Hong Kong’s insurance regulator has called on the industry to increase its investment in technology. Data analytics, psychometric testing and…
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Insurance chiefs promote the case for technology in insurance
Technology and the growth of ‘big data’ will have a profound effect on the insurance industry and the products it…
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Australian insurers focus on discipline and costs in tough market conditions
Leading Australian and Asia-Pacific corporate insurers QBE and Insurance Australia Group (IAG) both announced solid-at-best results this month and told…
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Australian terror pool renews retrocession and cuts retention
The Australian terrorism reinsurer, the Australian Reinsurance Pool Corporation (ARPC), has renewed its retrocession programme for the 2016 calendar year.
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Philippines outlook favourable but downside risks remain: IMF
The International Monetary Fund (IMF) has just completed a staff visit to the Philippines and concluded that the economic outlook…
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Asian cyber market ready for lift-off as risk managers wake up to risk
The asian cyber risk insurance market will take off in 2016 as companies and risk managers in the region wake…
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Time for an industry response to technology challenge—but make sure it’s driven by risk managers
Parima secretary general Steve Tunstall made a valid point about the need for corporate insurers and brokers to invest in…
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Ignore supply chain risk management at your peril
Parima recently held a seminar in Hong Kong, entitled ‘Managing Supply Chain Risk & The Tender Process’. One of the…
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Asia embraces corporate governance
Nicholas Pratt interviews the OECD’s Fianna Jurdant and charts the development of corporate governance across Asia amid a growing recognition…
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Indonesia viewpoint: Bernado Mochtar, Parima
Bernado Mochtar is Parima’s representative in Indonesia and a big fan of enterprise risk management. He explains to Adrian Ladbury…
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Indonesia country focus: Macro outlook
The Indonesian economy has faltered in recent times, particularly as it remains heavily dependent on extractive industries. In a recent…
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Indonesia country focus: Ratings
Outlook stable for Indonesian insurers as GDP picks up: Fitch.
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Indonesia country focus: Insurance market
OJK forges ahead with reinsurance cession rules despite international opposition.