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Insurance
Arch Insurance Europe has acquired Melbourne-based managing general agency Resource Underwriting Pacific (RUP). 11 November 2014
Insurance
Lloyd’s insurer Novae Group has appointed Selina Lu as a marine liability class underwriter, responsible for increasing Novae’s presence across the Asian insurance markets. 10 November 2014
Insurance
Cyclone Hudhud has wreaked $11 billion of destruction across multiple Indian states, with insurance losses estimated at $650 million. 7 November 2014
Insurance
Cat exposure is a hot topic for the insurance and reinsurance industry in Taiwan, with clients increasingly calling on Guy Carpenter’s resources to help them deal with cat risk. 7 November 2014
Insurance
Around 90 percent of delegates at this year’s EAIC conference in Taiwan believe that reinsurers should offer advice on efficient risk transfer solutions in the evolving regulatory environment. 6 November 2014
Insurance
XL Group has appointed Derek Nazareth as country manager for India. In his new role, Nazareth will lead over 900 employees in XL Group’s office in Gurgaon. 6 November 2014
Insurance
Specialist insurer Beazley has appointed Damian Kerin to head its contingency business in Australia. 6 November 2014
Insurance
The rapid increase of insurable assets in areas prone to natural catastrophes creates accumulation risks that the ASEAN societies and economies must learn to manage better, Philippe Domart, chief underwriting officer of PartnerRe Asia, told EAIC Today. But this, in turn, he added, offers both challenges and opportunities for re/insurers in the region. 4 November 2014
Insurance
There is considerable scope for elevating the profession of risk management in Asia, both in terms of the way companies view the value and importance of the role and also in terms of the training opportunities available to risk managers. 4 November 2014
Insurance
With penetration in the Indian insurance market extremely low at just 0.8 percent, the area offers great potential for insurers and reinsurers and, as with China, the country is expected to bring significant growth rates over the coming years. 4 November 2014
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