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- March 24 2020
World Bank’s pandemic bond under scrutiny
Despite thousands of deaths and financial turmoil, it still isn’t clear if the facility will trigger.
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- March 24 2020
India’s Acko secures more PE funding
Investment in the insurtech has surpassed US$100m despite an overall slowdown in deals.
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- March 24 2020
Lloyd’s Australia closes Sydney office amid Covid-19 outbreak
The move follows similar action in London as a result of the pandemic.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 23 2020
Sompo International promotes Christopher Donelan to Re CEO
Donelan replaces Stephen Young who has resigned after 17 years.
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- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
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- March 20 2020
A virus-side chat about Covid-19
Greg Solomon, Peak Re
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
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- March 20 2020
Thai Life seeks US$700m IPO: report
The Covid-19 outbreak and gloomy market sentiment could hinder the plans.
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- March 20 2020
Australia’s summer loss bill surpasses US$2bn
Recent flooding has compounded bushfires and hailstorms with Covid-19 to add more claims.
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- March 19 2020
Prudential seals US$753m TMB bancassurance deal
FWD will leave its agreement on April 1 after a period of heavy expansion in Thailand.
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- March 19 2020
Lloyd’s shutters underwriting room in London
The move follows UK government advice.
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- March 19 2020
Firms urged to “move on” with IFRS 17 despite delay
KPMG's Erik Bleekrode predicts the next few years will "get even harder" after IASB acts.
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- March 19 2020
New Zealand’s SkyCity secures US$50m fire payout
Money expected to arrive over April with Chubb understood to be the lead insurer.
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- March 18 2020
Swiss Re hires Jolene Loh in South-East Asia L&H push
Loh joined from Pacific Life Re earlier this month.
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- March 18 2020
Leonardi says Generali “well positioned” for Covid-19 in Asia
The Italian firm is bracing for market volatility after a good performance last year.
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- March 18 2020
AMTD’s insurtech plans ramp up with PolicyPal deal in Singapore
Majority stake in the digital broker will help create a South-East Asia platform.
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- March 18 2020
Aon-WTW merger faces regulatory and timing hurdles
Mega broker tie-up will squeeze client choice in Asia - especially in re broking.
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- March 17 2020
Staying competitive through digital transformation
Erik Bleekrode, KPMG
