Thursday, April 26, 2018

Australia

XL Catlin appoints regional financial lines head

XL Catlin appoints regional financial lines head

Jason Grant will focus on building the financial and professional risks portfolio and market presence in the region.

Read full article

CBA eyes sale of Indonesian life insurance business

CBA eyes sale of Indonesian life insurance business

Commonwealth Life could be valued at up to US$250 million as the Aussie bank bids to free up capital.

Read full article

QBE posts US$1.25bn net loss for 2017

QBE posts US$1.25bn net loss for 2017

The losses are attributed to claims from natural disasters and underperforming businesses in emerging markets.

Read full article

Risk culture still lacking in Asia – EY

Risk culture still lacking in Asia – EY

Less than half of insurers across the region have developed a risk culture or risk conduct framework.

Read full article

IAG sees ‘limited’ Asia opportunities

IAG sees ‘limited’ Asia opportunities

The Australian group is conducting a strategic review of its US$630m investment in the region.

Read full article

IAG reviews Asian operations

IAG reviews Asian operations

The review comes after a sharp surge in its first half 2017 profits, owing to higher premiums.

Read full article

China Life reportedly acquiring AMP’s life assets for US$3bn

China Life reportedly acquiring AMP’s life assets for US$3bn

A possible deal to buy the troubled life insurance assets could be announced in May, according to reports.

Read full article

QBE expects to book $1.2bn in losses

QBE expects to book $1.2bn in losses

Huge wildfires in California, storms in Australia and Hurricane Maria contributed to unprecedented costs.

Read full article

CBA eyes selling stake in Indonesian venture

CBA eyes selling stake in Indonesian venture

The sale of a majority stake in Commonwealth Life could value the insurer at up to US$250m.

Read full article

Chubb makes leadership changes in Asia Pacific

Chubb makes leadership changes in Asia Pacific

John French named head of broker distribution and Jarrod Hill as country president, Australia and New Zealand.

Read full article

Zurich agrees to buy ANZ life insurance arm for US$2.1bn

Zurich agrees to buy ANZ life insurance arm for US$2.1bn

The Swiss insurer will become the biggest insurance company in the country after the deal.

Read full article

Allied World appoints country manager for Australia

Allied World appoints country manager for Australia

Iain MacLeod will lead the company in the execution of its growth plan for the country.

Read full article

ANZ nears final stage of sale of life insurance unit

ANZ nears final stage of sale of life insurance unit

A deal will likely be completed in the latter half of 2018 if the transaction is signed next week.

Read full article

IAG shares 12.5% premiums, costs with reinsurers

IAG shares 12.5% premiums, costs with reinsurers

In an effort to curb volatility in its earnings Australia’s biggest general insurer is releasing capital.

Read full article

Steadfast to buy Whitbread Insurance for US$72m

Steadfast to buy Whitbread Insurance for US$72m

Australia’s biggest network of insurance brokers and advisers said it would finance the acquisition with a A$100m institutional placement.

Read full article

IAG stalls Asia expansion to focus on home markets

IAG stalls Asia expansion to focus on home markets

Declining commercial and regulatory conditions have restrained opportunities for its expansion in the region.

Read full article

Honan Insurance to acquire Singapore-based NGA Benefits

Honan Insurance to acquire Singapore-based NGA Benefits

The Australian-owned and operated buyer is looking to add to its growing employee benefits business in South-East Asia.

Read full article

QBE says 2017 could be costliest in history

QBE says 2017 could be costliest in history

The Australian insurer expects its earnings to be dented by rising claims from this year’s disasters.

Read full article
1 2 3 5 5

InsuranceAsia News video

Max Broodryk, XL Catlin

Follow InsuranceAsia News

Partner Content

White Papers

Print Edition

SPRING 2018

Cat pricing unmoved