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Specialty tag returned 146 results

  • Study finds driverless cars reduce drunk driving, but increase binge drinking

    A news report published on https://medicalxpress.com/news/2020-03-driverless-cars-drunk-binge.html says the introduction of driverless cars is likely to bring down drink-driving rates but it could lead to greater levels of binge drinking.

    Asia Risk | 01 Apr 2020
  • Japan: Pilot P2P insurance schemes to be carried out in sandbox

    Frich, a P2P insurance platform service company, plans to conduct a pilot experiment with two small and short-term insurers in a regulated sandbox system for one year from April 2020.

    Asia | 18 Mar 2020
  • Lloyd's collates coronavirus loss data

    Lloyd's of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus. This would help the insurance market understand its possible overall losses from the impact of the pandemic.

    Asia Risk | 18 Mar 2020
  • Senegal: Local insurers eager for share of the oil & gas business

    Insurers in Senegal have formed the Oil & Gas Risk Insurance Pool to win huge insurance contracts in the hydrocarbon industry.

    Africa | 09 Mar 2020
  • AGCS to shut Dubai operation due to high cost base and stagnant premium growth

    Allianz Global Corporate & Specialty (AGCS) has confirmed that it plans to close its office in Dubai, subject to regulatory approvals. There will be no new business after 30 April 2020. However the office will remain open until the end of the year. This decision comes after a strategic review of the office and its future potential, said the company in a statement.

    Middle East | 27 Feb 2020
  • Singapore: Liberty Mutual forays into local reinsurance scene

    Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, is the latest reinsurer to enter Singapore by setting up a new office and appointing Ms Annie Leong as the regional underwriting manager for Asia Pacific with immediate effect.

    Asia | 14 Jan 2020
  • 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


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