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MS&AD seeks acquisitions, growth outside Japan
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan.   12 October 2018
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Michael Scala as chief underwriting officer, Asia Pacific.   9 October 2018
Chaucer hires from Qatar Re to expand treaty business in growing markets
Insurance
Speciality insurer Chaucer has hired Rajeev Menon as regional treaty underwriter for Asia, MENA and the Indian-Sub-Continent from reinsurer Qatar Re.   9 October 2018
Insurance
Swiss Re’s commercial insurance unit Swiss Re Corporate Solutions has launched a standalone parametric-based haze insurance solution for businesses operating in Singapore.   8 October 2018
Insurance
Specialist re/insurer Markel International has commenced writing business from its Mumbai office under the leadership of Deepika Mathur who has joined from HDFC Ergo.   5 October 2018
Insurance
Fitch Ratings has upgraded Reasuransi Indonesia Utama (Persero)'s (Indonesia Re) international Insurer Financial Strength (IFS) Rating to 'BBB-' (Good) from 'BB+' (Moderately Weak). Fitch Ratings Indonesia has also affirmed the company's National IFS Rating of 'AA (idn)'.   3 October 2018
Insurance
The recent run of large natural disasters to hit Japan has put downward pressure on the creditworthiness of the nation's three largest non-life insurance groups, S&P Global Ratings suggested in a briefing.   3 October 2018
Insurance
Specialty re/insurer Canopius has hired Swiss Re's Nattakorn Wattanaumphaipong as head of reinsurance Asia Pacific.   2 October 2018
Insurance
Tokio Marine Holdings has made a strategic investment in German insurtech firm Simplesurance (SISU) through its wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance.   2 October 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed state-run General Insurance Corporation (GIC) to retain the first right to offer reinsurance in India, BloombergQuint reported citing two people present at the firm’s recent board meeting.   1 October 2018

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