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- October 15 2020
Insurtech Cover Genius raises fresh capital for SEA push
The US$15m raise comes after an ex-Manulife exec was hired as SEA and India MD in August.
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- October 15 2020
Australia’s market calls for more nat cat mitigation funding
The market is worried about extreme weather making coverage inaccessible and unaffordable.
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- October 14 2020
Lloyd’s forms powerhouse committee as ambitions for change increase
Advisory board includes CEOs from AIG, Allianz, Beazley and Marsh as market looks to simplify and clarify products.
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- October 14 2020
APRA focuses on capital adequacy and corporate governance
Systemic resilience, cyber and corporate governance are moving up the agenda.
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- October 14 2020
China’s state insurers shuffle leaders, including scandal-hit PICC
PICC has been dealing with the fall out from fake gold bars being used as collateral in a transaction.
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- October 14 2020
Etiqa Insurance Singapore names new CEO
The exec is switching from Great Eastern Life and will start later this week.
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- October 13 2020
Manulife’s Sachin Shah says Asia has passed digital “tipping point”
The life giant is targeting strong regional growth, while Covid-19 is changing market dynamics.
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- October 13 2020
Thai regulator’s five-year plan emphasises market infrastructure
It promotes insurtech, the Insurance Bureau System and the OIC Gateway.
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- October 13 2020
Expect “above average” and early Australia cyclone season: BOM
A La Nina weather system means the market needs to prepare for a wet six months.
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- October 13 2020
Sedgwick hires construction and engineering expert in HK
He joins from a rival loss adjuster in the SAR.
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- October 12 2020
Tropical Cyclone Nangka approaches Hainan Island and HK
Typhoon warnings have been raised in Hong Kong and Macau.
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- October 12 2020
Charles Taylor bolsters Asia financial lines team
The new Singapore-based hire will also oversee business interruption across the continent.
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- October 12 2020
Cooperation between cities and insurers to increase: Lloyd’s
Data, analytics and insights to gain in traction as urbanisation surges.
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- October 12 2020
Singapore’s cyber focus creates path for (re)insurers
The Monetary Authority of Singapore is clamping down on financial institutions through new rules.
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- October 9 2020
Senior Asia exec at Crawford joins McLarens
The Singapore-based director had been at the adjuster for a decade.
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- October 9 2020
Hong Kong’s insurers grapple with stress tests
Risk-based reporting is putting pressure on unprepared companies.
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- October 9 2020
Axa XL confirms senior Asia appointments
They are part of a division overseen by Xavier Veyry.
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- October 9 2020
Ping An’s Lufax files for US IPO
The firm was valued at US$39.4bn at the end of 2018.
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- October 8 2020
Typhoon Chan-hom approaches Japan
The weather system is expected to become a category 2 storm.
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- October 8 2020
Lloyd’s Neal bullish on 2021, says pandemic was “wake-up call”
He expects business to grow by around 13% next year.
