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- December 28 2020
Cyber insurance market to reach US$9.5bn in 2021
The Asia Pacific region recorded the highest number of malicious data breaches in 2019.
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- December 23 2020
ZA Tech partners with Indonesian payment giant OVO
ZhongAn is the latest Chinese giant to move in to the fast-growing market.
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- December 22 2020
Diverse legal systems to constrain GBA for decades: Fitch
Motor insurance is one example where Hong Kong, Macau and the mainland have divergent regimes.
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- December 21 2020
Suncorp confident on reserving after ‘favourable’ BI ruling
Complex ruling comes as Australia's High Court considers another wide-ranging Covid-19 case.
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- December 21 2020
Singapore GI GWP to drop 1.9% in 2020: GlobalData
Slowdown comes after the Lion City had registered 6.7% growth the previous year.
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- December 21 2020
Kyushu floods, Typhoon Haishen losses hit US$1.7bn
GIAJ report shows nearly 190,000 claims filed as of December 3.
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- December 17 2020
Japan Post’s shares soar on reports of US$2.9bn buyback
The scandal-hit insurer could pursue more deals if its state-owned parent's stake drops below 50%.
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- December 16 2020
Australia’s Adani coal mine sees 28th (re)insurer back out
Fidelis has said it won't provide cover for the controversial coal project.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- December 15 2020
Asean non-life market fell 6.6% in 2020: Malaysian Re
Cambodia and Vietnam will likely be outliers with growth of 7%-10%.
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- December 10 2020
Axis Bank seeks CCI approval for stake hike in Max Life
Move comes after insurer's parent share swap deal with Mitsui Sumitomo given green light.
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- December 10 2020
MAS issues environmental risk framework for insurers
Guidelines issued as Singapore seeks to be a global center for green finance.
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- December 8 2020
Australian insurers to appeal adverse BI decision
Insurance Council of Australia to challenge NSW ruling on Covid-19 claims in the High Court.
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- December 7 2020
Guy Carpenter appoints new Japan head
Pietro Toffanello to relocate from London to Tokyo, and joins from Gen Re.
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- December 4 2020
Vietnam claims to soar as nat cat toll hits US$1.3bn
Nine typhoons in the last two months have caused significant flooding to homes and businesses.
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- December 3 2020
UnderwriteMe appoints first head of APAC
Industry veteran Paul Hughes had previous stints at AIA, Aviva, MetLife and Swiss Re.
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- December 3 2020
Anbang loses US court case over failed US$5.8bn hotel deal
South Korea’s Mirae Asset Daewoo walked away saying key conditions not met.
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- December 1 2020
AIA HK & Macau CEO Peter Crewe to leave
Insurer's Thailand chief executive Alger Fung to take over in January.
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- December 1 2020
Axis Re appoints Willis Re exec David Bangs as Japan head
The broker will continue to be based in Singapore after assuming the new role.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
