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Munich Reinsurance Company

 
1 through 20 of 35 matching documents, best matches first.   Sort by date

Munich Re Names Execs to Strengthen Local P/C Underwriting in Asia-Pacific & Africa
Korea and South-East Asia. Kotak has been responsible for Munich Re's property/casualty operations in India, Middle East and Africa since Jan. 1, 2023. In addition, he is chief ...
Source: BestWire   Date: April 18, 2024
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Munich Re: Life Sector Strives for Profitability in South Korea
International Capital Standard. Also, the regulator plans to launch IFRS 17, International Financial Reporting Standards 17. These regulatory changes would be resource intensive ...
Source: BestWire   Date: July 30, 2019
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Scor Receives Approval to Open Composite Branch in India
India (Best's News Service, Nov. 23, 2016). A foreign reinsurer needs three levels of licenses, R1, R2 and R3, from the regulator to operate a local branch. Munich Re said it ...
Source: BestWire   Date: December 28, 2016
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India’s Regulator Forms Committee on Reinsurance Cessions
Marsh India, Munich Re and GIC Re. There will also be representatives from direct domestic players including New India Assurance, ICIC Lombard, Aegon and Max Bupa Health. The ...
Source: BestWire   Date: November 28, 2016
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Reinsurers: Life Reinsurance Set to Grow in Asia
Pacific Insurance Conference in Manila. "On the other hand, we would also probably have more of the culture of saving in Asia. That would usually come with not enough protection. ...
Source: BestWire   Date: December 18, 2015
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Natural Catastrophe Risk Major Driver for Reinsurance Demand in China
Natural catastrophe threats, along with increased risk values due to a growing economy, have highlighted the need to be adequately insured against weather risk in China, according ...
Source: BestWire   Date: April 16, 2014
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IIS Speakers: Asia Attracting More Capital and Resources as Region Drives Global Growth
Asia as a growth engine, but some markets are already mature. Saunders said the region's expected growth "can vary dramatically by market from about level or decreasing in Japan ...
Source: BestWire   Date: June 19, 2013
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ASEAN Free Trade Alignment Expected to Open Insurance Markets
Munich Re, is an example. "We will further proceed in strengthening our existing international presence and screen our priority markets for opportunities to expand business. ...
Source: BestWire   Date: November 21, 2012
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New Capital Rules Expected to Shake Up Philippines Insurance Market
Secretary of the DoF, in a statement. According to the Insurance Commission of the Philippines, there are 29 life, 74 nonlife and four composite insurers that had been granted a ...
Source: BestWire   Date: September 5, 2012
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South Korea Direct Motor Writers Grapple With Competitive Market
South Korea as they compete with major nonlife companies. These less-competitive insurers are facing high motor insurance losses due to a rising number of traffic accidents, ...
Source: BestWire   Date: May 15, 2012
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Top Regulator Says Vietnam Is Restructuring Insurance Market to Spur Growth
Hoan in an interview in Hanoi. There were only two types of insurers, 100% state-owned and 100% foreign-owned companies, before 2000, and there are now "all types" of companies ...
Source: BestWire   Date: May 1, 2012
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Regulator: China Moving Toward International Solvency Standard
China Insurance Regulatory Commission, at a conference in Beijing. Since the global financial crisis, international financial markets have been progressively reforming and the ...
Source: BestWire   Date: November 8, 2011
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Foreign Insurers Wary of Market Differentiation, Profitability Concerns in China's Auto Market
China is no exception. The challenge is to differentiate our services among local companies in various provincial markets," said Jackson Tang, China managing director of Liberty ...
Source: BestWire   Date: September 20, 2011
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Germany's Ergo Targets China Life Market Through Joint Venture
Ergo sees market opportunities to foreign players. Kleiner explained that the third pillar of pension provision -- private pensions -- will be significantly more relevant than in ...
Source: BestWire   Date: March 22, 2011
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Reinsurance Business Prospects Abound in Asia
South Korea and Southeast Asia at Munich Re. Greater China is one of the main growth markets for Munich Re. In the region, many insurers look for not only capacity but also ...
Source: BestWire   Date: January 18, 2011
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Asia's 2011 Reinsurance Market Promises Intensifying Competition
Aon Benfield Asia Pacific. Reinsurance prospects are optimistic in emerging markets like China and India. China's reinsurance business is projected to post an annual growth rate of ...
Source: BestWire   Date: January 11, 2011
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Swiss Re Predicts India's Reinsurance Market Will Remain Robust, With or Without Deregulation
Swiss Re Asia's chief economist. Under Indian insurance regulations, GIC has been designated as the "Indian reinsurer," which entitles it to receive obligatory cessions of 10% from ...
Source: BestWire   Date: November 9, 2010
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Insurers' Discipline a Key Concern in Fast-Growing China Market
China Rendezvous in Shenzhen. One of the challenges in the Chinese insurance industry is "how to effectively localize the market with specific situations in China," said Steven ...
Source: BestWire   Date: October 4, 2010
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New Hong Kong-Based Reinsurer Seeks Capital for Launch
American International Group Inc., and two other industry veterans are seeking capital to fund the launch of a Hong Kong-based reinsurance company. The new reinsurer is seeking to ...
Source: BestWire   Date: September 21, 2010
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'Balance Of Interests' Key to Establishing Natural Catastrophe Pool in China
China Insurance Regulatory Commission. But insurance density and penetration are "still relatively low," especially as coverage against natural catastrophes is "not widespread" for ...
Source: BestWire   Date: August 10, 2010
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