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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
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 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
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 18 2021
Tower turns corner on Canterbury quake
New Zealand’s Reserve Bank halves the insurer's minimum solvency level to US$18m.
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- March 17 2021
China’s January GWP exceeds US$150bn
CBIRC data shows a strong start to the year with health insurance premiums up 28%.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 16 2021
AIG Korea appoints Ramzi Toubassy as new CEO
The Malaysia-based AmMetLife head is set to replace the retiring Douglas Min on April 1.
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- March 15 2021
CBA general insurance sale heats up with Tokio Marine entry: report
A CommInsure sale could generate US$730m as April bid deadline looms.
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- March 15 2021
Q&A: Swiss Re Corp. Solutions’ Alex Pui talks sustainability
The Tokyo-based climate expert tells IAN that Asia is disproportionality vulnerable to secondary perils.
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- March 12 2021
Japan earthquake protection gap remains high: Swiss Re
A decade on from the Great East Japan Earthquake, many businesses still lack coverage.
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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.