CRA Newsletter
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AsiaNovember 12, 2024
Regulatory changes will drive Asia insurance M&A
The Asia Insurance M&A Conference 2024, themed ‘Asia’s M&A advantage: Navigating the global landscape and harnessing regional growth potential’, is…
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AsiaNovember 12, 2024
European businesses discuss de-risking strategies as China struggles to re-bound
The European Chamber of Commerce in China (ECCC) is holding an event in Shanghai on 3 December entitled ‘2025 China…
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AsiaNovember 12, 2024
Climate change poses big protection gap risk in New Zealand
An estimated 10,000 coastal properties in Auckland, Wellington, Christchurch and Dunedin in New Zealand could become uninsurable by 2050 due…
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AsiaNovember 12, 2024
Aon advises Asian risk managers to raise limits, widen coverages and lock in LTAs
Murray Wood, specialty products leader commercial risk solutions Asia Pacific at Aon, says that fuelled by “abundant” capacity and insurer…
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AsiaNovember 12, 2024
India open to 100% FDI in insurance sector: IRDAI
IRDAI chairman Debasish Panda is pitching for 100% foreign direct investment (FDI) in the insurance sector, saying a huge amount…
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AsiaNovember 12, 2024
Charles Taylor beefs up Asia-Pacific expertise
International loss adjusting firm Charles Taylor has announced the expansion of its marine technical services (MTS) team with strategic new hires…
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AsiaNovember 11, 2024
Singapore insurance sector needs to work harder to attract talent
The insurance industry in Singapore is in a “prime position” to reshape how graduates perceive career opportunities within the sector,…
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AsiaNovember 11, 2024
CAREC leaders endorse new climate change action plan
Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new Climate Change Action Plan (CCAP)…
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AsiaNovember 8, 2024
EU and Asian business groups call on EU to refine and delay CSDDD
The Japan Business Council in Europe, which represents the interests of more than 100 multinational companies of Japanese parentage operating…
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AsiaNovember 8, 2024
Fitch revises QBE outlook to positive
Fitch Ratings has revised the outlook on all the ratings of Australia-based QBE Insurance Group Limited and its subsidiaries to…
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CRA InsuranceNovember 6, 2024
Funk appoints new management for China Division
German broker Funk has appointed Wanlu Wei as the new head of the Funk China Division. Hamburg-based Funk said that…
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AsiaNovember 5, 2024
M&A expected as Indian insurance market liberalises
M&As are expected to dominate the next phase of growth in the Indian insurance industry, according to a report by…
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AsiaNovember 5, 2024
Asian (re)insurers urged to back energy transition
The Singapore and wider Asian reinsurance sector has been encouraged to come up with innovative risk financing solutions including parametrics…
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AsiaNovember 5, 2024
Tysers beefs up Singapore leadership team
London and international broker Tysers has announced the appointment of Babita Rai as CEO, Tysers Singapore, and William Furness-Smith as…
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AsiaNovember 5, 2024
Governments and private sector urged to invest in cool cities
Development Asia, the Asian Development Bank’s knowledge collaboration platform for sharing development experience and expertise, best practices, and technologies relevant…
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AsiaOctober 31, 2024
Singapore publishes AML strategy
Singapore has published its National Anti-Money Laundering (AML) Strategy, as part its ongoing efforts to maintain the effectiveness of its…
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AsiaOctober 31, 2024
Fears rising among finance executives over sustainability reporting: EY
Consulting firm EY has found that CFOs and investors have serious doubts about non-financial reporting, and the ability of companies…
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AsiaOctober 30, 2024
WTW launches Japanese corporate broking arm
WTW has announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance…
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CRA InsuranceOctober 30, 2024
Ageing population to drive insurance demand in South Korea
South Korea’s insurance industry is forecast to expand at a compound annual growth rate (CAGR) of 3.4% from KRW218.3trn ($167.1bn)…
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AsiaOctober 29, 2024
Asian cat losses ‘significantly’ down in Q1-Q3 finds Aon
Aon’s Q3 Global Catastrophe Recap report has found that total insured losses from catastrophes have already reached at least $102bn, above the…