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- February 18 2021
Indonesia P&C GWP to hit US$5.2bn by 2025: GlobalData
While 2020 saw a 4.6% decline due to Covid-19 restrictions, a recovery is expected this year.
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- February 18 2021
Aon wins tender for Australia’s terrorism reinsurance scheme
Guy Carpenter had worked with the Australia Reinsurance Pool Corporation for 15 years.
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- February 18 2021
Munich Re confirms South-East Asia and digital L&H leaders
Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer.
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- February 18 2021
Private equity hunger for Asia insurers to grow
Global PE firm Carlyle has targeted South Korea's reinsurance space.
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- February 17 2021
AIG slumps to US$6bn 2020 net loss
International P&C GWP, which includes Asia, was one Q4 highlight growing 102%.
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- February 17 2021
Manulife’s Hong Kong & Macau earnings up 10%
Amid protests and a pandemic, new business in 2020 fell by 14% to US$460m.
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- February 17 2021
Australia broker group launches conduct review
The National Insurance Brokers Association is looking to promote commission transparency.
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- February 17 2021
Insurtech profile: Galileo Platforms
The Hong Kong-based blockchain specialist's partners include Singlife Philippines, Amodo and DXC.
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- February 17 2021
Asia SMEs resistant to cyber cover
Two-thirds of Singapore small businesses say they do not have any cyber protection in place.
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- February 16 2021
Australia liability GWP spikes in Q4: Marsh
The COR for the casualty market exceeded 100% for the first time since 2015.
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- February 16 2021
China sees 6.1% growth as premiums hit US$700bn
CBIRC full-year figures also show the reinsurance market grew 16.3% in 2020.
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- February 16 2021
Hong Kong captive market to step up in 2021
Market experts tell IAN that regulations are making it hard to attract businesses from beyond China.
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- February 15 2021
Profit at MS&AD falls steeply but Asia performs well
Japanese giant hit by a fall in premiums, Covid-19 and reorganisation costs.
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- February 15 2021
India to hand three P&C state owned majors capital boost
National Insurace, United India and Oriental Insurance to receive over US$400m.
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- February 15 2021
David Howden eyes Asia opportunity amid mega merger
As Aon WTW deal continues, Howden is looking to expand and be seen as the 'credible alternative'.
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- February 12 2021
Happy Chinese New Year from all at IAN
InsuranceAsia News wishes all of our readers a healthy and prosperous Year of the Ox.
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- February 12 2021
Allianz China Life deal to kick off APAC deal frenzy
As we enter the Year of the Ox, the M&A bulls are set to keep running.
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- February 11 2021
Tokio Marine in Japan P&C profit turnaround
There was a significant decrease in nat cat payouts compared to 2019.
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- February 11 2021
Philippines exploring additional regional catastrophe risk pools
The government has tried — and failed — to launch a reinsurance scheme to cover state assets.
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- February 11 2021
Thai regulator revises CAR for local insurers: report
The credit rating of foreign bonds has also been changed to facilitate more overseas investment.