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Edward Cheak joins Miller as Head of Credit and Political Risk for Asia

August 5 2024

Cheak joins the (re)insurance broker from Credit and Political Risk insurance specialist Texel.

carrot-acquires-exclusive-right-to-use-behaviour-based-insurance-in-south-korea

Carrot secures six-month exclusive rights for behaviour-based motor insurance in South Korea

August 5 2024

Carrot has gathered extensive driving data to support BBI model for motor insurance.

India's Square Insurance raises US$3m in pre-Series A round funding

August 5 2024

Indian insurtech will use funds to develop tech and expand presence, as it bids to advance cattle and rural insurance solutions.

Angel Ng joins Prudential as Regional CEO for Greater China, Customer and Wealth

August 5 2024

Angel Ng joins insurer from Citi, as Lilian Ng—Managing Director of the Strategic Business Group—announces retirement.

am-best-revises-hyundai-insurance-chinas-outlook-to-negative-amid-underwriting-risks-and-capital-erosion

AM Best downgrades Hyundai Insurance China's outlook due to underwriting risks and capital erosion

August 5 2024

Ratings affirmed, but negative outlook assigned with short to medium-term losses projected to erode capital.

markel-announces-key-hires-in-singapore-and-hong-kong

Markel announces key operations and underwriting hires in Asia

August 5 2024

Global (re)insurer bolsters Asia team with key appointments in operations, casualty, fine art & specie, professional financial risk, and cargo underwriting.

Guy Carpenter estimates up to US$1bn in economic losses from CrowdStrike event

August 5 2024

Event demonstrates importance of addressing both frequent mid-size and systemic risks in cyber insurance, says Guy Carp.

Nat Cat risks main concern for Australian renewables insurers

August 5 2024

The rise of secondary perils globally is also impacting coverage provision for Australian renewables projects.

tesla-registers-insurance-brokerage-firm-in-china

Tesla registers insurance brokerage in China

August 5 2024

Move signals Tesla's renewed efforts to sell insurance products directly to consumers in China.

china-p-andi-loss-ratio-improves-in-2023-as-am-best-affirms-ratings

China P&I’s loss ratio improves in 2023

August 4 2024

AM Best affirms ratings as improved operating results and favourable investment income drives club's financial stability.

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