Asia
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April 26, 2024
Warmer climate spreading risk of malaria and dengue to new regions
New research from health resilience experts warns that mosquito-borne diseases, including malaria and dengue, are spreading to new regions as…
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April 26, 2024
UN launches new net-zero insurance forum to replace NZIA
The United Nations Environment Programme (UNEP) has disbanded the Net-Zero Insurance Alliance (NZIA) and replaced it with the Forum for…
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April 26, 2024
Marsh launches global alternative risk solutions practice
A new global alternative risk solutions practice has been launched by Marsh, bringing together its expertise in parametric solutions, alternative…
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April 25, 2024
Climate change could spread malaria risk to new countries, warns International SOS
Climate change could see malaria cases in countries previously free of the disease, bringing new health risks for workers travelling…
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April 25, 2024
London market to remain closed for construction SPPI cover
The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime…
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April 24, 2024
Rates fall in most regions during Q1 but rise in Europe and US: Marsh
Average commercial insurance rates fell in the UK, Asia, Canada and the Pacific during the first quarter of this year…
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April 24, 2024
Chubb says Q1 saw ‘best rates’ as it books $2bn profit
Chubb chairman and CEO Evan Greenberg said the group saw “the best rates and pricing” for more than a year…
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April 23, 2024
Action needed to bridge $800bn Asian climate finance gap
Asian governments, regulators and businesses need to sustain collective commitment and action, strengthen climate disclosures and support the de-risking and…
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April 23, 2024
Parima heads to Manila for first of three conferences this year
The Pan-Asia Risk and Insurance Management Association (Parima) will hold the first of a series of conferences this year in…
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April 23, 2024
Transactional risk market set to rebalance on back of M&A activity, says Chubb
Chubb’s new international transactional risk platform will initially focus on EMEA risks but will look to expand further in a…
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April 22, 2024
New chief underwriting officer for Markel’s Indian operations
Priyanka Gautama has been appointed as chief underwriting officer for Markel’s Indian operations, subject to regulatory approval. Operating from Markel’s…
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April 19, 2024
Markel launches professional indemnity solution in Australia
Markel has launched professional indemnity solutions in Australia with localised wordings. The new products are designed primarily for Australian-domiciled businesses,…
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April 18, 2024
Munich Re reorganises P&C underwriting in Asia Pacific, Middle East & Africa
Munich Re has reorganised its local P&C underwriting in Asia Pacific, Middle East and Africa (APAC MEA) with stronger local…
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April 18, 2024
Climate change to cause ‘massive economic damage’
Climate change will cost the global economy $38trn every year by 2049 and cause “massive economic damage” some six times…
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April 18, 2024
Asia-Pacific focus in Liberty Mutual’s strategic shift
Liberty Mutual Insurance has announced strategic changes in its Global Risk Solutions (GRS) business, the company’s global commercial and specialty…
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April 18, 2024
India insurers free to change wording in corporate policies
The Insurance Regulatory and Development Authority of India (IRDAI) is to allow general insurers to change the wordings in all…
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April 17, 2024
Taiwan earthquake claims unlikely to cause capital event
Insured losses to commercial insurers from the 3 April earthquake in Taiwan are unlikely to exceed 2016 Meinong earthquake levels,…
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April 16, 2024
Fitch shifts state-linked Chinese insurers to negative outlook
Fitch Ratings has affirmed the ratings of seven Chinese insurers but revised the outlooks for six of these seven to…
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April 16, 2024
Singapore regulator acts to bolster cyber resilience
The Monetary Authority of Singapore (MAS) and Mastercard have signed a Memorandum of Understanding (MoU) to enhance cooperation over cybersecurity,…
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April 16, 2024
Aon names Sapra head of reinsurance solutions India
Aon has announced the appointment of Shailendra Sapra as CEO of the firm’s reinsurance solutions in India and a member…