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Insurance
Reinsurance broker and consultant JLT Re has appointed Jong Kuk Moon as CEO of JLT Re Korea, based in its Seoul office. 19 October 2016
Insurance
JLT Independent Insurance Brokers, a joint venture between Jardine Lloyd Thompson Group and Sunidhi Group, an Indian financial services group, has acquired Vantage Insurance Brokers & Risk Advisor’s employee benefits insurance brokerage portfolio in India. 17 October 2016
Insurance
The transition to a new solvency regime in Mexico based on the principles of Europe’s Solvency II has resulted in lower levels of required technical reserves allowing the country’s insurers to enjoy an immediate benefit to earnings, according to an AM Best's briefing. 14 October 2016
Insurance
Stricter regulations rolled out by the Chinese Insurance Regulatory Commission (CIRC) in 2016 have created a more competitive environment in China’s life market, according to an AM Best briefing, Asia-Pacific Reinsurance Movement. 13 October 2016
Insurance
Companies with captives based in Europe are likely to consider redomiciling them to Asia, due to the higher capital charges they will incur under Solvency II, according to a report from Marsh, Asia Insurance Market Report 2016. 13 October 2016
Insurance
Economic growth and a low insurance penetration compared to advanced economies is set to drive re/insurance growth in developing countries in Asia such as China, India and Thailand, according to a JLT Re report titled Emerging Markets: Moving Ahead. 13 October 2016
Insurance
Strategic advisory services are coming into their own in Asia: ratings, Solvency II and regulatory issues are all big topics in the region, David Flandro, global head of analytics at JLT Re told EAIC Today. 13 October 2016
article
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end the traditionally cyclical nature of the industry was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo. 13 October 2016
Insurance
Emerging markets in Asia will develop differently from other markets, with new technologies sparking new types of coverage, David Flandro, global head of analytics at JLT Re told EAIC Today. 12 October 2016
Insurance
The unique set of forces driving Asian companies to acquire insurers and reinsurers with a global reach shows little sign of abating and will lead to more mergers & acquisitions (M&A) in the future, analysts have told EAIC Today. 12 October 2016
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