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Property & Casualty tag returned 6490 results

  • Global: SCOR appoints new head of casualty and environmental impairment liability

    SCOR has appointed Mr Holger Schaefer as global head of casualty and environmental impairment liability within SCOR Business Solutions, effective 1 March 2025. He takes over from Mr Daniel Carerras, who moved on to the role of CUO, casualty.

    Asia | 06 Feb 2025
  • ANZ: Aon appoints new head of property

    Aon has appointed Mr Wesley Roy head of property for Australia and New Zealand. He joins Aon's Reinsurance Solutions team.

    Asia | 06 Feb 2025
  • Tibet earthquake: $4.9m in insurance payouts

    On 10 January, the China Financial Regulatory Administration (CFRA) reported that after a 6.8-magnitude earthquake struck Dingri County in Shigatse, Tibet, the CFRA quickly activated an emergency response.

    China | 17 Jan 2025
  • ASR launches 1st Africa focused Lloyd's Consortium

    Africa Specialty Risks (ASR), the Africa and Middle East focused (re)insurance group, announces the launch of the first Africa Focused Lloyd's Consortium.

    Middle East | 13 Jan 2025
  • Industry highlights this week

    These are the highlights for all events and updates across the industry this week.

    China | 10 Jan 2025
  • Morocco: Regulator studies launching compulsory home insurance

    The Insurance and Social Security Supervisory Authority (ACAPS) in Morocco is currently conducting a feasibility study on the introduction of mandatory home insurance. This approach is part of a comprehensive vision of protection against home-related risks and modernisation of the insurance framework in Morocco, reported Hespress.

    Middle East | 08 Jan 2025
  • Taiwan: Insurance sector profits touch $11b in November 2024

    Taiwan's insurance sector recorded a total pre-tax profit of $10.89b (TWD351.3b) in November 2024. Life insurance companies' contribution was $10.71b (TWD326.3b) in November 2024 according to the data from the Insurance Bureau.

    Asia | 08 Jan 2025
  • PICC: Declining key metrics in P&C insurance amid frequent leadership changes

    In 2024, PICC experienced significant changes in both product offerings and leadership. Frequent personnel adjustments continued, including multiple changes at the group level, while challenges in key metrics for its core P&C insurance business came to the forefront.

    China | 03 Jan 2025
  • New Zealand: Levy to fund Fire and Emergency New Zealand finalised

    New Zealand has confirmed the final regulations for the levy on insurance contracts that will fund Fire and Emergency New Zealand (FENZ) from July 2026. New Zealand's minister of internal affairs Ms Brooke van Velden in a press statement said the Government has agreed to the final regulations for the levy.

    Asia | 03 Jan 2025
  • Nepal: Regulator proposes stricter regulations for real estate purchases and constructions by insurers

    Nepal Insurance Authority (NIA) plans to tighten the procedure for purchase and construction of real estate for office purposes by insurance companies. The Authority recently released the draft regulation 'Insurance Company's Fixed Asset Purchase Directive, 2081 BS for public feedback and suggestions.

    Asia | 02 Jan 2025


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