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- March 24 2021
AIA acquisition of BEA Life a sign of things to come
Hong Kong insurer pays US$650m and inks 15-year bancassurance partnership.
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- March 24 2021
Sun Life hands Clement Lam Hong Kong CEO role
The Canadian insurer also taps Asia CFO Karim Gilani to oversee Hong Kong, Singapore and Bermuda.
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- March 24 2021
China’s insurers see data protection as main digital barrier
Geneva Association survey ranks the PRC as the most "accommodating" market globally as pandemic drives digitalisation.
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- March 24 2021
HK-based Lloyd’s coverholder eyes Asia cyber market
Industry sources say the Pandamatics Underwriting start-up will hopefully spur competition.
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- March 24 2021
Digital-first reinsurers emerge from pandemic
Replicating traditional reinsurance markets online is key to solving the post-Covid challenge.
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- March 23 2021
NSW floods: 11,700 claims filed and many more on way
Insurance Council of Australia notes that February 2020 rainstorms saw nearly US$800m pay-out.
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- March 23 2021
CXA shutters Vietnam office as it ‘consolidates’ due to Covid-19
The insurtech sold its Singapore and Hong Kong brokerages in February.
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- March 23 2021
Credit Suisse flags Marsh role in Greensill collapse: report
FT highlights phone calls between bank and broker where no "red flags" were raised.
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- March 23 2021
China FDI changes won’t spur insurance gold rush
Replacing ownership caps with a national security review is unlikely to open the investment floodgates, experts tell IAN.
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- March 22 2021
NSW floods to bring ‘significant’ commercial claims
Market sources tell IAN the loss situation is "dynamic" as Sydney dam overflows.
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- March 22 2021
Philippines’ capital requirements to push P&C deals
AM Best says minimum net worth regulations to drive mid-tier M&A in the coming years.
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- March 22 2021
Fairfax Asia makes take private bid for Singapore Re
The reinsurer focuses on property, liability, accident and marine lines and is valued at US$155m.
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- March 22 2021
Asia ILS growth needs better data
New nat cat modelling tools aim to attract risk capital to the region.
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- March 19 2021
HK start-up Azure targets freight amid trade recovery
Anmol Sawlani leads the new broker as Hong Kong introduces tax breaks for the marine sector.
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- March 19 2021
Sedgwick Brand Protection: Resolving Crises in the Evolving Risk Landscape
Recall and remediation programs are complex and can have serious consequences if mismanaged.
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- March 19 2021
APRA wants more cyber data from insurers
The regulator agreed an extended timeframe with the ICA to facilitate a "more effective process".
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- March 19 2021
Chubb makes US$23bn bid for The Hartford
In January, the US insurer brought in Philip Chan, the former Greater China head at Axa XL, to lead its Asia operations.
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- March 19 2021
New KPMG Big Data – RegTech Solution transforms the Australian Insurance Industry
KPMG’s risk analytics solution allows insurers – as well as companies in other sectors – to draw timely insight from collaborative data-sets.
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- March 19 2021
GBA insurance plans hindered by data law diversity
Market remains bullish but cross-border transfer rules need work, experts tell IAN.
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- March 19 2021
Swiss Re’s coal pledge sets a marker
Cutting thermal coal exposure from treaties puts pressure on competitors to follow suit.