Property accounts for around 70% of its portfolio. Labuan-based reinsurer Mandarin Re has increased its paid-up capital to $26m, its second increase this year, …
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The wider enterprise market is forecast at 15.5%. Banking, financial services and insurance (BFSI) will be the largest vertical segment in India’s enterprise information …
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In Australia, Mitti is adding a new commercial general liability and property insurance cover. Insurtech SafetyCulture Care has rebranded to Mitti Insurance. The Australia-based …
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Only 37% of Malaysians can fund living expenses beyond three months after an income disruption. Allianz Life Insurance Malaysia Berhad (Allianz Life) has launched …
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Existing customers will keep their original policy terms whilst gaining access to expanded emergency assistance. The Singaporean business of travel insurance brand Travel Guard …
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AM Best expects favourable earnings unless the sector suffers an unusually large catastrophe event. Global reinsurers are facing growing pressure to cut prices as …
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The India arrangement will target sectors including high technology and manufacturing. Swiss Re Corporate Solutions is forming exclusive partnerships with Bajaj General Insurance in …
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The group also announced a share buyback programme of $577.55m (€500m). Generali reported a net result surge of 17.9% from $2.48b (€2.15b) to $2.92b …
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The survey gathered 107 responses from industry participants. Businesses are expected to increase demand for supply chain insurance as geopolitical tensions disrupt trade routes …
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Returns on Hong Kong products could lose some advantage over mainland options. A new 20% personal income tax on offshore insurance policies narrows the …