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- July 26 2021
New Zealand seeks feedback on interim insurer solvency standards
Stakeholders will have until October 1, 2021 to share their views with the central bank.
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- July 26 2021
Generali’s Leonardi on Malaysia M&A and the evolution of distribution
The Hong Kong-based Asia head says there is a greater demand for digitalisation and innovation.
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- July 26 2021
China Re expects large profit increase in first half
The Chinese reinsurance player noted that it has seen improved underwriting earnings overseas.
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- July 26 2021
Korea’s FSC gives three insurers more room to play in regulatory sandbox
Toss, DB and NongHyup Life Insurance to enjoy greater flexibility for online sales and marketing.
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- July 23 2021
IAG expects FY 2021 net loss of A$427m
The Sydney-based giant indicates it made A$33m profit in H2 of the fiscal year ending June 30.
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- July 22 2021
Asia’s ‘hard’ financial lines market to continue
Markel's Simon Moi said there has been a "flight to quality" in a Lloyd's webinar.
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- July 22 2021
Aviso Group’s GWP tops A$400m after 13th broker deal
Perth-based Grange Insurance Solutions serves specialist areas including mining and education.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 20 2021
Axa XL’s Veyry predicts Asia off-shore wind to see ‘exponential growth’
The specialty insurer's APAC & Europe CEO tells IAN standard nat cat models do not replicate offshore risk.
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- July 19 2021
APRA asks general insurers to self-assess amid BI concerns
The regulator wants insurers to review the soundness of their risk management frameworks.
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- July 19 2021
India seeks advisors for LIC’s blockbuster IPO
The country's largest life insurer posted record new business premiums of US$24.4bn for FY 2020/21.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 16 2021
Fairfax ownership to bolster Singapore Re: Fitch
The reinsurer is being taken private by the Canadian giant in a US$155m deal.
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
