Asia
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Parima hosts 2025 Masterclass Series in Bangkok
The role of risk management in the age of artificial intelligence, alternative risk transfer for complex and emerging risks, the…
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New Zealand general insurance industry to grow 10% in 2025
The New Zealand general insurance industry is expected to grow by 10.3% in 2025, and to reach $9.6bn by 2029,…
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Spike in cloud service outages driven by Google Cloud downtimes
Outages among the three biggest critical cloud service providers increased by 18% in 2024, while the amount of downtime from…
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Asia to see continued increase in business insolvencies in 2025 and 2026
Asia is expected to see business insolvencies rise in 2025 by 5%, and then 6% in 2026, according to Allianz…
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India approves new reinsurer Valueattics Reinsurance
The first reinsurer has been granted registration to carry out exclusively reinsurance business in India under the country’s revamped regulatory…
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Parima launches ‘Next-Gen Risk Takers’ challenge
The Pan-Asia Risk and Insurance Management Association (Parima) has launched its first-ever ‘Next-Gen Risk Takers’ challenge. Parima said the challenge…
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New managing director for transactional lines at Lockton India
Lockton has appointed Anand Kaul as managing director for transactional lines at Lockton India. He brings 17 years of experience…
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Allianz to sell Indian joint venture stake
Allianz is to sell its 26% stake in its Indian non-life and life insurance joint ventures to Bajaj Group for…
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India’s Reserve Bank to address climate risks
India’s central bank Reserve Bank of India (RBI) will contribute to the global efforts to mitigate the risks associated with…
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MSIG expands political risk and trade credit capabilities in Asia
A strategic collaboration between MSIG USA, MSIG Singapore and MSIG Hong Kong has been formed in order to expand the…
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India’s Insurance Act reform can boost foreign investment, says GFIA
The Global Federation of Insurance Associations (GFIA) has written to India’s finance minister welcoming the government’s move to make changes…
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Study reveals dramatic shifts in flooding and drought risk for cities
A WaterAid study of the 100 most populated cities has revealed dramatic shifts in flooding and droughts, posing a risk…
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AI-powered solution to automate regulatory alert creation
The first agentic (capable of achieving outcomes independently) AI-powered solution to automate regulatory alert creation and workflow orchestration has been…
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Willis forecasts 34% rise in clean energy technology investments in 2025
Investment in clean energy technologies is expected to increase by over a third in 2025, according to the latest global…
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Arthur J. Gallagher acquires Philippines insurance broker
Arthur J. Gallagher & Co has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers (Philinsure), following a…
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Increased demand for nat cat cover will drive APAC reinsurance market growth
The Asia-Pacific (APAC) reinsurance market is projected to grow at a compound annual growth rate of 4.8% from an estimated…
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JBA Risk Management launches Australian inland flood model
A new comprehensive Australian inland flood model has been launched by flood science specialist JBA Risk Management. It said the…
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Supply chains threatened by heightened geopolitical risks, says Marsh
Heightened global geopolitical tensions and protectionist trade strategies threaten to destabilise supply chains in 2025 and certain geopolitical assumptions may…
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Tropical Cyclone Alfred declared insurance catastrophe in Queensland and NSW
Tropical Cyclone Alfred has been declared an insurance catastrophe for the southeast Queensland and northern New South Wales regions by…
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Non-life premiums in Philippines may rise 10-15% in 2025
Philippines non-life insurers could increase their premium rates by 10% to 15% during 2025 as natural catastrophes have affected the…