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- April 22 2020
Axa XL’s Gunter becomes interim Eurasia CEO
The (re)insurer has also set-up a global underwriting division in the US.
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- April 22 2020
AIA Singapore promotes Wong Sze Keed to CEO
Veteran Patrick Teow is taking a career break after seven years in the role.
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- April 22 2020
IAG employs 400 to alleviate call centre closures
Outsourcing is under threat from Covid-19.
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- April 22 2020
Reinsurers’ profits increased 87% in 2019: Aon
23 global players saw overall gross written premiums climb 6% to US$278bn.
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- April 21 2020
Beazley targets Malaysia with Labuan opening
Nicholas Tey, international financial lines manager for Asia Pacific, sees "strong opportunities."
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- April 21 2020
P&C players on the hook as China returns to work
Hastily devised policies and limited data pose risk to underwriting stability post Covid-19.
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- April 21 2020
China Life’s premium income jumps 13% in Q1
The Beijing giant hasn't seen on impact of sales from the Covid-19 crisis so far.
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- April 21 2020
Motor claims in New Zealand drop by 90%
National insurers will save around US$60m and hand back premiums.
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- April 20 2020
World Bank’s pandemic bond is finally triggered
After criticism for being too complex, the bond will payout for Covid-19.
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- April 20 2020
Australia’s PSC expands in Asia with two HK deals
The broking group sees Charter Gilman and Globe Insurance as a foundation in the region.
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- April 20 2020
Will digital be Hong Kong’s driving force post Covid-19?
The virus outbreak could be the catalyst to accelerate innovation.
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- April 20 2020
Youi joins Australia’s insurers in premium help amid Covid-19
The firm is offering 15% cashback on motor premiums for the next three months.
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- April 17 2020
Chubb’s Greenberg: “You can’t retroactively change a contract”
In contrast to Asia, seven US states are arguing for insurers to help cover the pandemic.
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- April 17 2020
Appetite for Asian M&A abounds despite Covid-19
However the total value of deals has more than halved compared to Q1 2019.
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- April 17 2020
India’s Paytm General Insurance recruits Aegon Life CEO
The appointment reaffirms the digital player's foray into insurance.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- April 16 2020
Zurich’s Jack Howell on M&A, Covid-19 and WFH
The Swiss powerhouse has been snapping up firms in the region and adapting to the pandemic.
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- April 16 2020
Damian Lynch swaps AGCS in Asia for Sydney’s Fusion Specialty MGA
Lynch will lead Fusion's financial lines segment as managing partner.
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- April 16 2020
Malaysia’s AmGeneral up for potential US$1bn sale
Owners IAG and AMMB have asked interested parties to submit a bid by the end of April.
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- April 16 2020
Korea Development Bank edges closer to life sale
Local private equity player PE firm JC Partners is thought to be in the running.
