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Read the latest edition of AIR and MEIR as an Interactive e-book

Sep 2016

News


Asian

Asia:Employers to spend more on health insurance over next 3 years

Medical insurers have forecast that employers will spend more on health insurance in the next three years, as the cost of healthcare benefits in the Asia Pacific is projected to increase over the period.

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Japan's quakes in April are the costliest in 1H2016 - Aon Benfield

The two powerful earthquakes that struck Japan’s Kumamoto region on 14 and 16 April were the costliest natural disasters in the first half of 2016 in terms of economic loss as well as insured loss perspective, said Aon Benfield’s Impact Forecasting’s Global Catastrophe Recap: First Half of 2016 report. 

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Volatile and complicated marine risks on the rise

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Asia Pacific: Allianz launches its next-generation digital sales tool

Allianz has launched “Allianz Discover” - its next-generation digital sales tool - for Asia Pacific customers. Built on an interactive tablet platform, it will allow customers to understand their lifestyle needs at a glance, plan for comprehensive financial and life protection, and discuss customised solutions with their advisers.

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Australia: QBE reports 46% plunge in 1H net gains

QBE, Australia’s biggest insurer, saw its net profit reduced to US$265 million for the half year to 30 June, down by 46% compared to the corresponding period last year, and cited macro conditions affecting the insurance industry. The insurer had also let its Australia and New Zealand CEO of one year, Tim Plant, go. 
 

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Cambodia: Life sector boosts 1H insurance market growth

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China: Insurers ordered to audit risks in vast swathe of functions

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China: Regulator to tighten insurance intermediary licensing

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Hong Kong: QBE will be exclusive supplier of GI products for Manulife

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Hong Kong: More planning and resources needed for GN 16 implementation - EY

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India: Proposed GST to have negative impact on insurance

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India: Regulator sets out timeframe for mandatory listing of insurers

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Indonesia: Prudential ties up with pawnshop group for premium collection

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Japan: Foreign insurers call for improvement in risk management

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South Korea: Insurers to be given more leeway to invest overseas

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Malaysia: Insurance mart to undergo most significant change in decades

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Myanmar: 3rd-party auto insurance premiums increased

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Nepal: Regulator to make home insurance mandatory

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Pakistan: Regulator wants insurers to update websites

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Philippines: Insurance regulator to push mandatory disaster cover

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Singapore: China Re opens first overseas branch

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Sri Lanka: Impact of May floods on insurers exceeds that of 2004 tsunami

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Taiwan: Lower risk charges seen as increasing strain on insurers' risk capacity

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Thailand: Muang Thai Group clinches operating licence in Laos

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Vietnam: 1H insurance sales see six-year high growth

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Corporate Risk Management

Corporate Risk Management - Ransomware one of the most dangerous cyber threats today: Symantec

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Corporate Risk Management - Nagoya and Guangzhou ports most exposed to CAT losses: RMS

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Product Bytes

Product Bytes

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