Asia
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MGA Volante to launch Lloyd’s syndicate in next stage of growth
MGA Volante Capital Holdings has received in-principle approval for a new Lloyd’s syndicate to open for the 2022 year of…
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Record number of containerships queue at California ports as supply chain disruption deepens
A record number of containerships are waiting to enter California’s Los Angeles and Long Beach ports, which have implemented new…
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Global carbon emitting firms failing to disclose climate risks
More than 70% of over 100 of the world’s biggest carbon intensive firms failed to fully disclose climate risk in…
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Buyers urge insurers to up game as trust erodes in hard market
Although the commercial insurance market needed a correction, little recognition of risk management efforts or differentiation between long-term buying partners…
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Clyde & Co hires David Kerwin as partner in Australia
Clyde & Co has hired partner David Kerwin, who joins the firm’s national insurance group, based in Brisbane. Clyde &…
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BMS appoints financial lines executives in Australia
Guy Van Dugteren has been appointed as national claims and technical manager, financial lines at BMS in Australia. Additionally, BMS…
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Typhoon closures of Chinese ports risk $14bn in trade, warns Russell Group
Port closures in Shanghai and Ningbo due to Typhoon Chanthu could disrupt trade worth about $14bn, according to analysis from…
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German firms face criminal action for alleged human rights abuse in China
The Berlin-based European Center for Constitutional and Human Rights (ECCHR) has filed a criminal complaint in Germany against several high-profile…
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AXA XL appoints new client management head for Europe and APAC
AXA XL has appointed Vanessa Karvela as head of client management and business development in Europe and Asia-Pacific (APAC), to…
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Singapore top spot for multinational subsidiary from regulatory standpoint, says report
Singapore has been ranked as the top jurisdiction for multinational companies to base subsidiaries or ‘entities’ from a governance and…
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IGI Labuan appoints Asia-Pacific financial and professional lines underwriter
Manpreet Kaur Gill has been appointed to the role of Asia-Pacific financial and professional lines underwriter at IGI Labuan. She…
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P&C insurance riskier and more complex in next 20 years, says Swiss Re
Property and casualty (P&C) business is set to become riskier and more complex in the next 20 years, according to…
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Global marine premiums up 6% but IUMI cautious over longer-term recovery
Global marine premiums rose 6.1% last year to $30bn with underwriting results improving across all regions on the back of…
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Aon takes full ownership of Aon India Insurance Brokers
Aon has increased its stake in Aon India Insurance Brokers from 49% to 100%, acquiring the remaining share from Catamaran…
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Hong Kong insurance industry reports first-half premium decline
The Hong Kong Insurance Authority has released provisional statistics of the territory’s insurance industry in the first half of 2021,…
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Germany ranks highly in Marsh’s newly launched Flood Risk Index
Germany ranks highly among G20 countries on two key metrics in Marsh McLennan’s newly launched Flood Risk Index that aims…
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Lloyd’s report aims to help corporates tackle shifting geopolitical risks
A new report from Lloyd’s has laid out key steps companies can take to help manage emerging geopolitical risks and…
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Global insurance M&A deals dropped slightly in first half, says Clyde & Co
The first half of 2021 saw a slight decline in the number of mergers and acquisitions (M&A) in the global…
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More positive outlook for Australian insurance buyers, says Marsh
The general outlook for insurance buyers in the Australian insurance market is more positive as we move into the second…
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Miller appointment to lead expansion in Asia-Pacific
Miller has appointed Ron Whyte as head of strategic development to lead the broker’s expansion in Asia-Pacific. Mr Whyte will…