CRA Insurance
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Markel to buy marine MGA The MECO Group
Markel is buying The MECO Group, a specialist marine MGA based out of London, Dubai and Shanghai. MECO specialises in…
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AM Best urges caution as Central and Western Asian insurers expand
A reduction in the provision of globally sourced reinsurance capacity to markets in Central and West Asia following recent losses…
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Vietnam general insurance industry to reach $3.9bn by 2029
The Vietnamese general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 7% from VND…
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Strong growth in Pakistan non-life sector
The Pakistan non-life insurance sector is seeing strong growth from strong underwriting performance and robust investment returns, reports CRA’s sister…
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Indian pharmacists seek PI cover as claims rise
A union of more than 15,000 pharmacists across India has requested the Indian insurance regulator, Insurance Regulatory and Development Authority…
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Willis wildfire resilience cover on offer in APAC
Willis has confirmed that its innovative new wildfire resilience insurance coverage developed for Tahoe Donner Association, a private homeowners association…
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Aon advises Asian risk managers to take advantage of favourable conditions
Market conditions are becoming more favourable for Asian corporate risk managers as local and international insurers compete for the most…
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Parima focuses on Indian product and public liability
New public and product liability rules in environmental and wider areas and rising awareness of the risk persuaded Parima to…
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Aon appoints Urbieta as chief broking officer for EMEA
Aon has appointed Erlantz Urbieta as chief broking officer for EMEA to replace Terence Williams, who will assume the role…
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Fitch downgrades Chinese insurers on back of Sovereign downgrade
Fitch Ratings has downgraded the ratings on five Chinese insurers and affirmed the rating on one insurer following the downgrade…
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Asian energy risk managers to enjoy softening conditions: Willis
Global broker WTW advises Asian risk managers in the energy market to take advantage of softening market conditions globally and…
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Chan tells Asian insurers to up game on protection gap
Leading Hong Kong insurance executive and investor Bernard Chan has called upon the insurance sector in the Asia Pacific to…
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Philippines advises insurers to develop more gender-specific medical cover
The Philippines Insurance Commission (IC) has issued an advisory note (Advisory No. RS-2025-009) that encourages the public to explore gender-specific…
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Japanese insurers target growth through international reinsurance
Japan’s insurance market has shown limited growth potential due to a shrinking and aging population and so is turning to…
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Global insurers welcome removal of Indian foreign equity limit
The Global Federation of Insurance Associations (GFIA) has written to India’s finance minister Nirmala Sitharaman welcoming the government’s decision to make changes…
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Australian insurers estimate bill from latest cats at $1.2bn
New data released by the Insurance Council of Australia (ICA) shows that insurance losses from ex-Tropical Cyclone Alfred and February’s…
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Malaysia to hold more public hearings on soaring healthcare costs
The Public Accounts Committee (PAC) of the Malaysian parliament will conduct five more closed proceedings during April 2025 on the…
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Indian insurers enjoy improved 1 April reinsurance renewals
Reinsurance renewal conditions at 1 April in the Indian market improved for reinsurance buyers compared with last year, says Aon…
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Limited market impact from Malaysian Petronas blast expected
Fire insurers are not expected to be significantly impacted by the massive Petronas gas pipeline blast that occurred on the…
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Urgent political and regulatory support needed for medical reform in Malaysia
Regulatory measures to strengthen the takaful system, macroeconomic stability, digitalisation and increased awareness of takaful products will support sustained growth…