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Insurtech Heluss strikes $2m gold agreement with fintech HelloGold
Insurance
Canadian blockchain-based insurtech firm Heluss has entered into an agreement with Southeast Asian fintech investment platform HelloGold over supply of gold and custody services.   30 August 2018
Peak Re expands Asian business in H1
News
Hong Kong-based Peak Reinsurance Company has significantly expanded gross written premium in the first half of 2018 as it expands in Asia.   29 August 2018
Insurance
Allied World Assurance Company Holdings has appointed Yeo Meng Wong as senior vice president & general manager, Asia Pacific treaty reinsurance division.   28 August 2018
Insurance
Specialist insurer Markel International has appointed Gordon Lam as a senior professional and financial risks underwriter.   23 August 2018
Insurance
Insurer MetLife has announced new leadership appointments to further grow its business in the Asia region.   23 August 2018
Insurance
Property/casualty insurer Chubb has established a major accounts division in the Asia Pacific region to be headed by Doug White, who is currently the country president of Hong Kong, Taiwan & Macau.   22 August 2018
Insurance
ZhongAn International, a subsidiary of China's first internet-based insurer ZhongAn Online P&C Insurance, has received a strategic investment from the Japanese investor SoftBank Vision Fund.   21 August 2018
Insurance
Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between ¥284 billion ($2.6 billion) and ¥423 billion ($4.0 billion), according to catastrophe modelling firm AIR Worldwide.   21 August 2018
Insurance
A Chinese court has rejected an appeal by Anbang Insurance Group’s former chairman Wu Xiaohui against a conviction for fundraising fraud and embezzlement that led to an 18-year jail sentence and confiscation of ¥10.5 billion ($1.52 billion), according to an Aug. 16 Reuters report.   17 August 2018
Insurance
Heavy rainfall triggered flooding and landslides in the state of Kerala between August 8-16, causing an estimated preliminary economic loss of INR83 billion ($1.2 billion), but the figure is likely to rise, according to Aon’s Weekly Cat Report.   17 August 2018

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