CRA Newsletter
-
Asia
Chinese D&O demand set to spike
The Nanjing chapter of the European Union Chamber of Commerce in China will host an event on 1 August focused…
-
Asia
WTW bolsters APAC M&A business
WTW is strengthening its M&A practice in Asia Pacific within its financial, executive & professional risks business with the appointment…
-
Asia
Asian market softening in all lines
The market softening appears to be well underway in Asia as rates are falling in property, casualty, financial lines led…
-
Asia
Fitch backs Allianz Singapore deal
Fitch Ratings says that Allianz’s proposed €1.5bn acquisition of Singapore’s Income Insurance should not materially change the competitive landscape in…
-
Asia
Southwest China hit by floods
Chinese Vice-Premier Zhang Guoqing has urged all-out rescue efforts after rain-triggered flash floods in southwest China’s Sichuan Province left more…
-
Asia
Piracy falling in Malacca Straits
The Singapore and Malacca Straits (SOMS) has seen a significant reduction in piracy and armed robbery at sea incidents in…
-
Asia
India to gain from supply chain shift
As multinationals seek to diversify their supply chain risk away from China, experts say that India has an edge over…
-
Asia
Singapore reports solid insurance growth
The Singapore insurance sector continued to grow in 2023, with net premiums and total assets for the overall insurance sector…
-
Asia
Parametric and partnership focus for cat risks
Speakers at the recent 20th Asia Nat CAT and Climate Change Summit 2024 held in Manila, Philippines discussed the crucial role…
-
Asia
China steps up cybersecurity efforts
The Chinese government has been ramping up its cyber and data security efforts in recent times and risk managers with…
-
Asia
ADB slightly raises APAC growth forecast
The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year…
-
Asia
Consistency and people key for further APAC growth at Markel
US-based specialty insurer and reinsurer Markel Group has tripled its Lloyd’s-based business in the Asia-Pacific region since 2019 and now…
-
Asia
Chang named MD of Texel Asia
Angela Chang has been named new managing director of Texel Asia, the Singapore-based Asian arm of London-based credit and political…
-
M&A
Allianz makes €1.5bn bid for Singapore insurer
Allianz will seriously bolster its growing presence in Asia through the announcement of a pre-conditional voluntary cash general offer to…
-
Cyber & Technology
QBE introduces cyber insurance product
QBE Insurance Group has launched a new cyber offering QCyberProtect to provide global coverage for losses arising from current and…
-
Asia
Korean insurers suffer capital adequacy hit
The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, according to data…
-
Asia
Robinson to lead IRM’s Asia expansion
The UK-based Institute of Risk Management (IRM) has announced its growth strategy across Asia, which it says will be focused…
-
Asia
Menezes appointed CRO at Peak Re
Peak Re, the Hong Kong-based global reinsurer, has announced the appointment of David Menezes as chief risk officer, effective immediately.…
-
Asia
Labuan captive event fixed for September
The Labuan International Insurance Association (LIIA) and Labuan IBFC will hold its seventh Asian Captive Conference as an in-person event…
-
Asia
Korea urged to tackle ageing crisis
The OECD has said that the South Korean economy is recovering from the global inflation shock, with gross domestic product…