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- January 20 2021
India’s general insurers shrink in 2020
New India Assurance's 76% claims ratio for the six months from April was down from 93% in 2019.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 19 2021
MAS sets ‘higher expectations’ for cyber risk
The Singapore regulator told IAN that (re)insurers need to identify their key IT vulnerabilities.
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- January 19 2021
Data a key tool to mitigate climate risk: AFF 2021
Panellists highlight the difficulty in underwriting new green technologies such as solar panels and fuel cells.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 19 2021
Latest UK BI ruling overturns global precedent
2010 Generali/Orient-Express Hotels decision has been used to reduce insurer payouts.
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- January 18 2021
Allianz Australia restructures after David Hosking departs
The German insurer is currently searching for someone to lead its commercial division.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 18 2021
CBIRC chief pushes ‘prudential regulation’
Guo Shuqing also address Hong Kong’s GBA role during AFF keynote.
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- January 18 2021
Howden’s bold move down under
The broker has teamed up with Steadfast to gain access to carriers and businesses across Australia.
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- January 17 2021
Climate, pandemic and social inflation drove 1:1 increases: Fitch
The upward pressure on prices was tempered somewhat by an abundance of capital.
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- January 17 2021
Asia’s downstream market saw a ‘sea change’ in 2020
Marsh/JLT Specialty report notes that majority of energy and power operations remain (re)insured within the region.
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- January 15 2021
Grab’s fintech unit raises US$300m in Series A round
Chubb, ZA Tech already partner with the ride-hailing firm’s insurance arm.
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- January 15 2021
India FDI revamp needs to go further
Insurance Act clause on "control" makes sector less enticing to foreign investors.
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- January 14 2021
Howden launches Australia arm
JLT veteran Andre Louw leads the team as the broker eyes APAC expansion with help from Steadfast.
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- January 14 2021
Vietnam’s MoMo raises US$100m in Series D round
The insurtech’s partnership with state-owned Bao Viet offers motor, health and travel coverage.
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- January 14 2021
Marsh confirms Collin Yap as Singapore CEO
He succeeds Iris Teo who has taken on a regional leadership role at the broker's consulting arm.
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- January 14 2021
Aon/WTW: Spotlight falls on APAC antitrust regulators
IAN understands the deal has already been cleared in China.
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- January 13 2021
Ratings round-up: Fidelidade Macau gets first A3 IFSR
AM Best affirms A- rating of Hong Leong Insurance and lauds firm's "prudent" reinsurance plan.
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- January 13 2021
Former Tower CEO joins Australian state insurer icare
Richard Harding acknowledges need to restore public confidence at the embattled firm.
