Zurich Insurance Group reveals nine-month update

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GWP from Farmers Exchanges, meanwhile, rose from US$15.29 billion in 2020 to US$18.23 billion this time around. As for Zurich’s life annual premium equivalent (APE), the metric saw an increase from US$2.57 billion to US$2.75 billion in the period.

Under P&C, the group enjoyed improved numbers across all geographies – Europe, Middle East, and Africa; North America; Asia-Pacific; and Latin America. As for life APE, though, decreases were observed in North America and Asia-Pacific.

“The group has continued to make strong progress toward achieving its 2022 strategic and financial goals,” said Zurich chief financial officer George Quinn. “P&C gross written

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Willis Towers Watson appoints head of facultative for Asia

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Willis Towers Watson (WTW) has named Ben Crookenden (pictured above) as head of facultative for its risk and broking business in Asia. Based in Singapore, Crookenden will report to Alex Shepherd, head of global facultative, in London and Paul Ward, head of global markets P&C, in Asia. 

Crookenden has 17 years of experience in the insurance industry, and has worked in Southeast Asia for 12 years. His expertise includes business development and account and client management, having held various roles at international brokerages such as UIB Singapore, JLT and JLT Risk Solutions Asia. During his first stint with WTW, he

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Understanding Fiat to cryptocurrency payment gateways

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Cryptocurrency is becoming increasingly popular and is now a viable payment method for many businesses. This means that finding a solution to allow payment in fiat currencies that is accepted as cryptocurrency has become increasingly important.

Fiat to cryptocurrency payment gateways

Finding a fiat to cryptocurrency payment gateway that is reliable as well as cost-effective is an important step towards offering a business a good reason to accept and receive digital asset transactions from customers.

What is a fiat to crypto payment gateway?

A fiat to cryptocurrency payment gateway opens the doors for merchants to be paid in increasingly valuable

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The future of financial services in Asia

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Asia is the world’s consumption growth engine—miss Asia and you could miss half of the global picture, a $10 trillion consumption growth opportunity over the next decade.

But Asia’s consumer markets are changing dynamically with new growth angles that offer opportunities for financial services players and consumption curves that are shifting or mutating. Financial services players should consider how to redraw their Asian consumer maps.

New McKinsey Global Institute (MGI) research finds that three large shifts are playing out across the region.

First, as incomes rise across Asia, more consumers will reach the highest tiers of the income pyramid,

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