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Property & Casualty tag returned 1640 results

  • Chubb appoints Asia Pacific Head of P&C

    Chubb announced the appointment of Grant Cairns as head of P&C for Asia Pacific. Mr Cairns will succeed Jason Keen, who will assume a new role as division president, Chubb Global Markets early next year.

    People | 22 Nov 2019
  • Listed insurers post robust premium growth in Jan-Oct period

    China's top five A-share listed insurance companies reported combined premium income of CNY2.09tn ($297bn) in the first 10 months of this year, according to statements filed by the insurers.

    China | 22 Nov 2019
  • Chubb further increases stake in Huatai Insurance

    The largest US commercial insurer Chubb has received approval from the CBIRC to increase its stake in Huatai Insurance Group, from 26.2% to 30.9%.

    China | 22 Nov 2019
  • China Satcom files insurance claim for lost satellite

    Listed China Satellite Communications (China Satcom), which provides satellite services, has made a stock exchange announcement that it is currently actively pursuing compensation for a satellite which was lost in August.

    China | 22 Nov 2019
  • UAE: 30 listed insurers post combined pre-tax gains of US$373m for first 9 months

    Thirty listed insurance companies in the UAE posted aggregate pre-tax profits of AED1.37bn for the first nine months of this year, representing a 3% decline over the corresponding period of 2018 when combined pre-tax profits stood at AED1.42bn, according to an analysis by the Middle Eastern actuarial consulting firm Badri Management Consultancy.

    Middle East | 21 Nov 2019
  • Asia: Insurance premium rates continue to rise

    Insurance pricing in the third quarter of 2019 in Asia increased by 5% year-over-year, the largest composite increase in the region in five years, says the 3Q2019 Marsh Global Insurance Market Index.

    Asia | 21 Nov 2019
  • 9 in 10 business leaders say equipment failure risk is a major concern

    A FM Global survey of CEOs of Fortune 500 size companies shows that majority of CEOs feel that equipment failure risk is rising, consequences could be serious, and internet connections raise spectre of cyberattacks on industrial equipment.

    Asia Risk | 20 Nov 2019
  • Egypt: Calls to make insurance mandatory for merchants

    Calls have been made for legislation that would make it mandatory for merchants across Egypt to have P&C insurance.

    Middle East | 20 Nov 2019
  • Egypt: Insurance cooperative plans branch expansion

    The insurance cooperative, the Egyptian Cooperative Insurance Society (CIS), aims to cover all the governorates of the country within the next three years by expanding its geographical network of branches.

    Middle East | 19 Nov 2019
  • Ivory Coast: Insurance sector sees flat growth in 1H

    The Ivory Coast insurance sector generated more than FCFA88bn ($148m) in revenue in the first half of the year, according to data from the General Directorate of the Treasury.

    Africa | 18 Nov 2019