CRA Newsletter
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SRR Analysis
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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Asia
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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Asia
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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Asia
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 Chain
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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Asia
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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Asia
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…
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Asia
UN and China launch flood early warning system initiative in Pakistan
An initiative to strengthen Pakistan’s capacity to anticipate and respond to climate change impacts has been launched by the United…
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GRM Comment & Opinion
Global insurance programmes – more critical than ever
In the latest interview of multinational insurers and brokers on the global insurance programme market, Tony Dowding talks to Shiwei…
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Asia
Japan issues sustainability disclosure standards aligned with ISSB standards
The Sustainability Standards Board of Japan (SSBJ) has issued its inaugural sustainability disclosure standards, aligned with the International Sustainability Standards…
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Asia
Aon acquires in-house insurance agency business of Mitsubishi Chemical Group
Aon has successfully completed the transaction to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG). The broker…
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CRE Insurance
Réunion Island cyclone to cost insurers up to €200m: CCR
France’s Caisse Centrale de Réassurance (CCR) said it estimates losses from last month’s cyclone in Réunion Island, a French department…
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Asia
Inconsistent climate adaptation planning and implementation across Asia, research finds
There are varying levels of climate adaptation planning and implementation across Asia, while implementation of mandatory climate risk disclosure aligned…
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Asia
Pakistan’s regulator recommends major changes to insurance regulatory framework
The insurance regulator has recommended major amendments to strengthen the insurance industry’s risk absorption capacity, bolster financial stability, and provide…
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CRA People Moves
New head of ART in Asia Pacific for Allianz Commercial
Rosa Ficarra has been appointed as head of alternative risk transfer (ART), Asia Pacific for Allianz Commercial. Based in Singapore,…
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Asia
Rising temperatures increasing flood events in Asia
New research that analyses flood records over the last 73 years reveals that climate change is the major driver of…
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Asia
Active assailant, civil unrest and crime incidents will continue in APAC, warns Willis
Willis’ latest Crisis Management Annual Review says risks such as active assailant, civil unrest and crime will continue to manifest…
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Asia
New regional chief executive officer Asia at AXA XL
Sylvie Gleises has been appointed regional chief executive officer Asia at AXA XL Insurance, effective 24 March 2025. Based in…
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GRM Captives
Aon launches employee benefits cell captive facility
With rising healthcare costs and growing demand for customised benefits, Aon has launched an employee benefits cell captive facility. The…
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CRA Insurance
Watch this space!
CRAsia talks to Rinnah Roque from HDI Global SE, Australia about the insurer’s plans for its international programmes offering for…