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- March 17 2020
Sedgwick’s James Ong on claims handling in Asia
The global loss adjuster is seeing a spike in regional demand.
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- March 17 2020
QBE confirms 200 job cuts in Australia Pacific arm
The Australian insurer is undergoing an operational streamlining under Pat Regan.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- March 16 2020
BEA’s assets attractive after investor feud enters truce
Strategic review, supported by Elliott Management, could see insurance arms sold.
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- March 16 2020
Japan Post finds more improper conduct, halves new hires
The group is undergoing an internal investigation of sales misconduct.
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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- March 16 2020
Lloyd’s completes Covid-19 24 hour stress test
As the virus spreads in the UK, the market could be forced to work remotely.
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- March 13 2020
Olympics 2020 stands out in event cancellation market
Most disrupted events won't be covered but the Olympics will be.
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- March 13 2020
Prudential’s Wells is “focused on growth opportunities”
The insurer had a solid 2019 as it looks to pivot more to Asia.
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- March 13 2020
Covid-19 declared catastrophe in Australia
The Insurance Council of Australia has launched a special taskforce to deal with virus-related claims.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
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- March 13 2020
Swiss Re and Microsoft in global data tie-up
The partnership will harness greater data risk management and product insights, including in Asia.
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- March 12 2020
AIA posts solid 2019 result, but warns of disruption ahead
Outgoing CEO Ng Keng Hooi said the group was bolstered by sales in Mainland China.
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- March 12 2020
Hannover Re’s Henchoz hails record year despite nat cats
Typhoons Haxai and Hagibis cost the German player over US$300m.
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- March 12 2020
Swiss Re India appoints Hadi Riachi as CEO
Riachi will succeed G. Satish Raju on April 1.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 11 2020
Strong weather pattern contributed to Australia’s bushfires
Indian Ocean Dipole partly to blame for extent of the disaster which has caused huge losses.
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- March 11 2020
Hong Kong’s BEA may sell insurance arms: report
The move could generate over US$1bn and the firms could be snapped up by global players.
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- March 11 2020
Ratings agencies revise outlooks for Aon and WTW
Overall there is an upbeat sentiment to the proposed deal.
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- March 10 2020
Vinod Krishnan to exit Guy Carpenter
Krishnan will leave the broking giant at the end of the month.