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- March 10 2021
Korea’s Shinhan raising funds for potential P&C buy: report
The country's general insurance market has also drawn interest from leading digital platforms like Kakao and Naver.
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- March 10 2021
Q&A: FWD’s Phong highlights ‘legacy light’ advantage
Group CEO tells IAN how the firm's 'digital-first' strategy helped the HK insurer respond to Covid-19.
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- March 9 2021
Nova Insurance to join HK-listed FSE Services Group
GM Patrick Chan told IAN the broker will have more resources to expand once the deal is completed.
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- March 8 2021
WeLab targets Asia insurance after US$75m fundraising
The Series C round was led by the digital investment unit of Allianz.
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- March 5 2021
Singapore’s Symbo targets India after US$9.4m fundraise
Insurtech to make senior hires after attracting new investors from China and the US.
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- March 4 2021
Munich Re appoints Scott Hawkins to lead Australasia
The Sydney-based executive is currently head of the global giant's non-life business in the region.
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- March 3 2021
Cramér Manhem to oversee SiriusPoint’s Asia operation
The executive will oversee the specialty (re)insurer's regional operations after the Third Point Re/Sirius deal closed recently.
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- February 26 2021
Malaysia’s general market fell by 3.6% in H1 2020
Malaysia Re report notes that motor insurance, which represents 47% of the market, saw the worst decline.
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- February 26 2021
Munich Re posts solid annual results despite Covid-19 hit
Gross written premiums (GWP) for the German major increased 6.7% to US$65bn in 2020.
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- February 26 2021
Australia’s second BI test case goes federal
Allianz, IAG, Chubb, Guild, and Swiss Re seek clarity on trigger clauses and the impact of government shutdowns.
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- February 24 2021
Asia 1:1 price hikes a global trend: Moody’s
Loss-affected property renewals in the region were up between 5-10%.
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- February 19 2021
Philippines sets Q1 target for nat cat facility
Domestics insurers are currently forced to look overseas for reinsurance.
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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 17 2021
Australia broker group launches conduct review
The National Insurance Brokers Association is looking to promote commission transparency.
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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 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 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.
