Asia
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Generali Global Corporate & Commercial strengthens construction and engineering capabilities
Generali Global Corporate & Commercial (GGC&C) has enhanced its partnership with Protos Check, with a new agreement that the insurer…
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Global tensions can be eased through climate risk management, finds new report
Lloyd’s has published a new report that it says will help risk managers and insurers navigate the significant overlap between…
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Brokerslink shakes up board with four new directors
Global broking network Brokerslink has appointed four new board members, from Singapore, Turkey, Panama and Cameroon. The directors were confirmed…
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Cyber biggest risk in Allianz Barometer as pandemic fears recede
Cyber is the biggest business risk this year, knocking business interruption (BI) off the top spot into second place, with…
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Kroll names new MD to boost AML services
Governance, risk and transparency expert Kroll has appointed David Lewis, former executive secretary of the Financial Action Task Force (FATF),…
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Hong Kong’s chief executive highlights its role as international risk-management centre
Hong Kong is focused on consolidating and strengthening its role as an international financial centre, according to Hong Kong’s chief…
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Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
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Insurer challenges in 2022 include civil unrest and class actions, says RPC
The latest Annual Insurance Review from law firm RPC highlights a number of issues set to impact insurers in 2022,…
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Omicron could lead to ‘mother of all supply chain stumbles’: HSBC
Europe’s risk managers should expect factory closures in Asia to add to existing transportation and labour problems, and intensify the…
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Insurers suffer second costliest year on record at $120bn: Munich Re
Last year saw the second highest global insured losses from natural disasters ever at $120bn, with an “exceptionally high” proportion…
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New CEO of SLE Worldwide Australia
Raj Nanra has been appointed by specialty re/insurance group Chaucer as CEO of SLE Holdings, known in the market as…
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MS Amlin launches second ILS Asia vehicle
Lloyd’s specialty (re)insurer MS Amlin has launched a second ILS vehicle for its Singapore unit, MS Amlin Asia Pacific. Phoenix…
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Miller appoints Nick King to lead marine expansion in Singapore
Nick King has joined specialist (re)insurance broker Miller to lead the expansion of its marine offering in Singapore. King’s hiring…
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Allianz and AXA lead AM Best global insurer ranking
Allianz and AXA have come first and second in AM Best’s global ranking of insurers by non-banking assets, although they…
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Lloyd’s Asia launches new renewable energy consortium
Lloyd’s has launched a new renewable energy consortium to respond to the growing needs of companies operating in the Asia-Pacific…
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Marsh takes large majority stake in Marsh India Insurance Brokers
Marsh has increased its shareholding in Marsh India Insurance Brokers from 49% to 92%. Marsh said it has acquired the…
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New chairman of Insurance Authority of Hong Kong
Stephen Yiu Kin-wah has been appointed as chairman of the Insurance Authority of Hong Kong (IA). He succeeds Dr Moses…
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Hashtag campaigns drive political risk, warns WTW
New technology, and social media in particular, has grown to become a key political risk and driver of social unrest,…
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Sompo CEO takes wider role as chairman
Sompo Holdings CEO Kengo Sakurada has been named chairman of the group, in addition to his role as chief executive.…
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Nat cat losses to top $100bn in 2021 says Swiss Re
This year is estimated to see global insured losses of $105bn as a result of extreme weather events, according to…
