Allianz withdraws US$1.6bn offer to acquire Singapore’s Income Insurance
December 16 2024 by InsuranceAsia News
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PetroVietnam to fully exit domestic insurance arm by end-2025
- December 16
Petroleum firm plans to exit HDI Global-backed PetroVietnam Insurance Corporation (PVI) as part of a restructuring of state-owned companies.
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Allianz to scrap US$1.6bn deal to acquire Income Insurance: report
- December 14
The companies had difficulty finding a way to assuage government concerns, so they are likely to make an announcement about calling the deal off later this week.
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KDIC picks Meritz Fire & Marine as preferred bidder for MG Non-Life sale
- December 9
The bidder gets an exclusive negotiation period to complete the acquisition of the state-owned insolvent carrier.
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RAC Insurance engages Barrenjoey for strategic review: report
- December 5
The review aims to identify growth opportunities and enhance competitiveness in a changing market. This includes potential expansions into areas such as driverless cars and smart home technologies.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
