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- August 26 2020
Axis Bank to take reduced stake in India’s Max Life
Discussions with the Insurance Regulatory and Development Authority led to a revised deal.
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- August 26 2020
Motor claims drop in Japan and Korea amid lacklustre growth
There are mixed fortunes for P&C players operating in the two countries.
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- August 25 2020
BMS appoints Lloyd’s Amy Fu for Asia management role
The Singapore hire is the broker's second in quick succession for the region.
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- August 25 2020
Digital sales buoy China’s P&C market
As the regulator makes more reforms, GWP rose more than 7% in the first half despite lockdown.
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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- August 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
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- August 25 2020
PSC brushes off Covid-19 with strong FY result
Acquisitions and a hardening market have boosted the expansive Melbourne broker.
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- August 24 2020
SIRC to host “virtual event” as conference postponed until 2021
Marc Haushofer, chairman of the Singapore Reinsurers’ Association, said the decision came after much thought.
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- August 24 2020
Navigating marine risks after Mauritius’ oil spill
The market has faced sustained challenges for years with rising losses and busier seas.
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- August 24 2020
India’s Bharti Axa GI acquired by ICICI Lombard
The new entity will become India's third-largest P&C player.
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- August 24 2020
Aon Reinsurance’s Capital Partners to have “strong” Asia focus
The new division will work closely with Aon Securities.
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- August 21 2020
Suncorp focuses on transformation as FY cash profit drops 33%
Group CEO Steve Johnston recognises the need to speed up change.
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- August 21 2020
Swiss Re: Female breadwinners most in need of mortality protection
Households with sole female breadwinners aren’t financially prepared for mortality shock. How can insurers help?
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- August 21 2020
Axa XL “remains committed” to Australian financial lines
The pullback from D&O will only apply to the London market.
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- August 21 2020
Swiss Re invests in Chinese insurtech’s US$230m fundraise
Ambitious healthcare platform Waterdrop is valued at US$2bn.
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- August 21 2020
Axa eyes South Korea P&C sell off: report
Any potential sale could raise between US$135m and US$203m.
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- August 21 2020
Pandemic weighs on Asia M&A but deals still attractive
Uncertainty caused by Covid-19 adds to closing risks but the fundamentals are strong.
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- August 20 2020
AIA’s CEO optimistic despite H1 37% new business drop
Lee Yuan Siong sees strong growth in markets where Covid-19 restrictions are being relaxed.
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- August 20 2020
DXC’s Chaplin: “Tomorrow’s (re)insurer” to be data-driven
Analytics, artificial intelligence, automation and the cloud are rising up the tech agenda in Asia.
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- August 20 2020
HK’s regulator launches consultation on capital requirements
The new rules will likely be implemented in early 2021.
