Asia
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May 13, 2024
Cyber espionage is key threat to APAC
Latest data gathered by US-based telecommunications firm Verizon Business on the Asia-Pacific regional economy has found that 25% of cyberattacks…
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May 13, 2024
Lockton targets strong growth in Korean market
Ben Son, CEO of Lockton Korea, recently told online Korean newspaper FNTimes that he sees huge growth potential for the…
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May 13, 2024
RGA targets further growth in Asia life market
US-based life and health reinsurer Reinsurance Group of America is targeting further strong growth in Asia on the back of…
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May 13, 2024
Singapore Parliament agrees to upgrade Cyber Security Agency’s powers
A bill that seriously upgrades and extends the powers of the Cyber Security Agency (CSA) of Singapore and introduces new…
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May 9, 2024
Positive news for Asian risk managers as softening continues: Aon
Aon has reported that the moderating insurance market conditions that emerged for most lines of property and casualty insurance across…
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May 9, 2024
Supply chains warned of further disruption and costs as Red Sea risk zone widened
Danish shipping firm Maersk has warned that supply chains face further disruption amid longer journey times and extra costs for…
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May 9, 2024
Asian investors urge action on nature-related risk
Asia Pacific’s (APAC) economies are particularly vulnerable to nature-related risks, including biodiversity loss, pollution and fresh water availability, according to…
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May 9, 2024
Asian risk managers must turn focus to due diligence
Asian risk and insurance managers will increasingly find themselves subject to similar corporate sustainability reporting and due diligence standards as…
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May 9, 2024
Many of the biggest-emitting countries most exposed to climate risk: Verisk Maplecroft
Thirteen of the world’s largest carbon emitters are at risk from the severest impacts of climate change if no action…
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May 9, 2024
WTW increases global cyber facility capacity and widens coverage
WTW has increased the capacity of its global cyber facility by 50% and broadened coverage following feedback from clients. Capacity…
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May 8, 2024
Ardonagh to acquire PSC Insurance in Australia
The Ardonagh Group is to acquire Australian-headquartered PSC Insurance Group in a A$2.3bn deal. The move will see PSC’s Australia…
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May 8, 2024
Intangible asset value higher than tangible but protection gap persists
A new report from Aon finds that only 19% of intangible asset value is insured among nearly 2,500 organisations worldwide,…
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May 8, 2024
Thai Covid policyholders offered deal by regulator
The General Insurance Fund (GIF) of Thailand is reportedly presenting policyholders who have Covid-19-related loss claims with a choice of…
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May 8, 2024
Macau urged to upgrade flood defences
Heavy rains caused flooding in parts of Macau over the weekend and some residents are calling on officials to evaluate…
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May 7, 2024
Hong Kong IA welcomes World Bank Jamaica ILS deal
The Hong Kong Insurance Authority (IA) has welcomed the World Bank’s second issuance and listing of catastrophe bond in Hong…
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May 7, 2024
Global market flattens out in Q1 as property sees first decreases: Aon
Pricing in the global insurance market finally flattened out in Q1 after a prolonged hardening period, with property buyers beginning…
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May 3, 2024
Hong Kong and Shanghai to cooperate on captives and ILS
The Chinese government has reportedly said that an agreement has been signed that includes plans for greater co-operation between Hong…
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May 3, 2024
Consultancy S-RM expands cybersecurity practice to APAC
Global corporate intelligence and cybersecurity consultancy S-RM has expanded its cyber security practice to APAC. With offices in Hong Kong,…
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May 2, 2024
Fenchurch Law names new managing partner as it restructures for global expansion
UK-based Fenchurch Law, which works solely for corporates and brokers, has appointed Joanna Grant as managing partner, with predecessor and…
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May 2, 2024
Aon introduces suite of risk analytic and financing tools
Aon has unveiled a suite of tools intended to help organisations analyse risks and decide how to structure their insurance…