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Specialty tag returned 140 results

  • Hong Kong: Govt moves to introduce much awaited marine insurance tax incentive

    An amendment Bill to implement the tax relief proposals for marine insurance and specialty insurance will be introduced in the lawmaking body, the Legislative Council, next week.

    Asia | 11 Dec 2019
  • Saudi Arabia: World's biggest oil company seeks war & terrorism cover-- Reuters

    Saudi Aramco, the world's largest oil company, is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters.

    Middle East | 08 Dec 2019
  • Global: SCOR launches new contingent capital facility

    SCOR has announced the launch of a new three-year contingent capital facility which takes the form of a contingent equity line, providing the Group with EUR300m ($332m) coverage in case of extreme natural catastrophe or life events impacting mortality. The facility enables the Group to protect its solvency in case of catastrophe events and is consistent with the "Quantum Leap" strategic plan.

    Asia | 05 Dec 2019
  • New CEO to lead Sompo International in 2020

    Sompo International Holdings (SIH), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Mr Mikio Okumura as CEO with effect from 1 January 2020. He is an industry veteran and a long-time employee having joined the company in Brazil in 1989. The appointment is subject to regulatory approvals.

    People | 22 Nov 2019
  • London: Lloyd's to form single governing body

    Lloyd's has announced its decision to merge the Council and the Franchise Board with effect from 1 June 2020, after receiving widespread support from across the market.

    Asia | 11 Nov 2019
  • Nuclear damage compensation emergency response platform launched

    The China Nuclear Insurance Pool (CNIP) yesterday launched a nuclear damage compensation emergency response platform" at a summit marking its 20th anniversary.

    China | 08 Nov 2019
  • Beazley appoints head of partnerships for Asia Pacific

    Mr Byran Lee has joined Lloyd's coverholder Beazley as head of partnerships for Asia Pacific whereby he will be responsible for leading the insurer's distribution strategy and major relationships across the region.

    People | 01 Nov 2019
  • Belt & Road: Insurance consortium adds political violence and political risk facilities

    Singapore-based Belt & Road Initiative (BRI) Insurance Consortium has added two new lines of business, namely, political violence and political risk, announced Ms Indranee Rajah, Minister in the Singaporean Prime Minister's Office and Second Minister for Finance and Education. She revealed this in her keynote address yesterday at the 16th Singapore International Reinsurance Conference (SIRC).

    Asia | 31 Oct 2019
  • Asia Pacific: Specialist insurer takes stake in Lloyd's coverholder as it expands in region

    Specialist insurer Beazley says that it is expanding its Asia Pacific footprint by increasing its local underwriting presence and applying its global expertise to building solutions tailored to the specific needs of clients in the region.

    Asia | 24 Oct 2019
  • More specialised insurers expected to appear in Chinese market

    Several investors have in recent months submitted applications for licences to establish specialised insurance companies.

    China | 18 Oct 2019


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