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- April 8 2021
APRA wants offshore reinsurance limits for life market
Deputy chair Helen Rowell says the lack of appropriate oversight is a prudential concern.
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- April 8 2021
Axa XL taps Asia marine head for global role
Singapore-based Sundeep Khera moves to London after being appointed global head of hull and head of marine UK & Lloyd’s market.
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- April 8 2021
Indian insurtech Policybazaar eyes May IPO
Bloomberg report suggests the Indian unicorn could have a post-IPO valuation of US$3.5 billion.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 7 2021
Mitsui Sumitomo eyes US$4.5bn M&A splurge: report
The Japanese giant is looking overseas amid a “difficult earnings environment” in its home market.
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- April 7 2021
Q&A: Taiping Re’s Polly Ho says market to ‘evolve faster than ever’
The Greater Bay Area and the Belt & Road Initiative are creating a wealth of opportunities.
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- April 6 2021
Dan Yeo appointed at Charles Taylor in Singapore
The former Chubb exec becomes managing director for Singapore P&C.
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- April 6 2021
HK premium levy rate adjusted in April
Levy on policyholders is capped at HK$100 for life policies and HK$5,000 for general insurance.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
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- April 5 2021
Guy Carpenter launches APAC capital advisory unit
The reinsurance specialist appoints Michael Owen and Hussain Ahmad to lead the new business unit.
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- April 1 2021
Environmental liability insurance creating opportunities: Fitch
ESG considerations for Asian (re)insurers are creating an underwriting priority reset.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- March 31 2021
Peak Re’s profit climbs to US$90.8m in 2020
GWP was up 18.2% with the reinsurer well immunised from Covid-19 shocks.
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
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- March 30 2021
Navigating marine risks as more containers lost at sea
Today, the largest containership in the world has a capacity of 24,000 TEU.
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- March 30 2021
The growth of W&I insurance in Asia
Despite Covid-19, the M&A market managed to rebound by the latter half of 2020.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 25 2021
ICA: ‘Substantial’ BI issues to be resolved in 2021
Oral arguments in appeal of first test case could be heard in May.
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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.