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Insurance
While there is continued strength in established markets such as Japan and Australia, the emerging markets of Asia will be the key drivers of insurance sector growth in the medium term, Dr Tobias Farny, Munich Re’s chief executive Asia-Pacific, responsible for reinsurance non-life in Greater China, Korea and South East Asia, told EAIC Today. 11 October 2016
Insurance
As re/insurers seek opportunities for growth, a new report by Aon Benfield identifies two possibilities that are pertinent to Asia-Pacific and the wider markets: agriculture and the protection gap. 11 October 2016
Insurance
While underlying economic conditions affect the marine market in certain Asian territories, players in the region are also seeing evidence of a decline in ship-building activity, Simon Saunders, division head, marine, aviation and transport for Barbican Insurance Group, told EAIC Today. 10 October 2016
Insurance
While reasons for it may differ, Brazil, Colombia and Argentina are among top growth locations for re/insurance in Latin America. Intelligent Insurer reports. 10 October 2016
Insurance
Neon has appointed Angus Wilson as head of marine, effective September 30. 10 October 2016
Insurance
Reinsurers’ underwriting performance declined in the first half of 2016 due to higher natural catastrophe losses – and the negative trend is set to continue into 2017, according to Fitch Ratings. 10 October 2016
Insurance
Blue Marble Microinsurance, a body of eight companies aimed at creating a market for microinsurance, has made its first venture in Zimbabwe, with the aim of providing drought protection to smallholder maize farmers. 7 October 2016
Insurance
Sompo Holdings has confirmed that it has entered into a definitive agreement for the acquisition of 100 percent of the outstanding ordinary shares of Endurance Specialty Holdings, in a deal that could be finalised by March 2017. 5 October 2016
Insurance
Sompo Japan Nipponkoa Insurance is to acquire Bermuda-based Endurance Specialty Holdings in a deal potentially worth $6.5 billion, it is being reported in Japan. 4 October 2016
Insurance
Qatar Re has been granted a license to operate a branch office in Singapore by the Monetary Authority of Singapore (MAS). 4 October 2016
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