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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.
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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
Thai regulator revises CAR for local insurers: report
The credit rating of foreign bonds has also been changed to facilitate more overseas investment.
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- February 10 2021
FSC to smooth Korea’s digital giants insurance ambitions: report
Internet players including Kakao and Naver primed to take advantage of regulatory changes.
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- February 9 2021
Sedgwick adds to growing Singapore team
The loss adjuster has appointed Eugene Goh and Darren Ting to senior roles in the Lion City.
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- January 27 2021
United India, National and Oriental to get capital boost: report
The state-run P&C players need help meeting solvency requirements.
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- January 26 2021
CBIRC updates solvency regulations
The revised rules come into force on March 1.
