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Asia offers great growth opportunities for insurers but Hong Kong as a re/insurance hub has been losing market share lately to other jurisdictions, particularly to Singapore. The former British colony will no longer be complacent and is implementing an action plan. 17 August 2017
Insurance
Pricing discipline by Munich Re, Swiss Re, Hannover Re and SCOR is proving an important competitive advantage in the face of declining market pricing and investment yields, Fitch Ratings said on Aug. 16. 16 August 2017
Insurance
Global reinsurers' earning volatility will intensify if annual natural catastrophe claims keep moving toward levels that are closer to the long-term average, S&P Global Ratings said on Aug. 14. 15 August 2017
News
The market for managing general agents (MGAs) is sprawling with new concepts, ideas, and projects. 14 August 2017
Insurance
A time of reckoning will come very soon for many reinsurers backed by hedge funds as many remain unprofitable and with many promises unfulfilled, according to a new report by S&P Global Ratings. 8 August 2017
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period. 4 August 2017
Insurance
UK’s Aviva on Aug. 3 reported higher first half operating profit driven by both life insurance and general insurance operations. 3 August 2017
Insurance
Hong Kong is on the path to becoming a dedicated hub for mainland China’s reinsurance needs, Peak Re said in its July Peak Times issue. 31 July 2017
Insurance
Specialist re/insurance broker THB has appointed Rodrigo Botelho as director of its European division, effective October 1, to expand in Africa. 31 July 2017
Insurance
Sompo Canopius has appointed Bruce Shepherd as a credit and political risk analyst to lead the credit analysis function in the group's credit, political and crisis division. 31 July 2017
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