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- August 24 2020
SIRC to host “virtual event” as conference postponed until 2021
Marc Haushofer, chairman of the Singapore Reinsurers’ Association, said the decision came after much thought.
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- August 24 2020
Aon Reinsurance’s Capital Partners to have “strong” Asia focus
The new division will work closely with Aon Securities.
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- August 21 2020
Axa XL “remains committed” to Australian financial lines
The pullback from D&O will only apply to the London market.
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- August 20 2020
HK’s regulator launches consultation on capital requirements
The new rules will likely be implemented in early 2021.
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- August 18 2020
Review of Australia’s cyclone reinsurance pool nears completion
The scheme could help reduce premium prices and increase coverage.
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- August 13 2020
Tesla registers Shanghai broker: report
The US electric vehicle specialist could use data capture to develop driver profiles.
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- August 13 2020
AIA Thailand launches asset management arm
Life giant to become the country's third-largest player with managed assets of US$27.2bn.
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- August 12 2020
Global cat insured losses at US$31bn in H1: Swiss Re
The figure is up from last year but below the recent average of US$36bn.
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- August 12 2020
Korean majors in property sell-off ahead of new regulations
Insurers are shoring up capital to prepare for K-ICS and economic uncertainties from the pandemic.
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- August 12 2020
Japan P&I “investigating” Mauritius oil spill: report
There has been damage to the ship and environmental contamination.
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- August 11 2020
Axa considering Singapore sale: report
The French giant is understood to be looking to raise funds.
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- August 11 2020
SE Asia to confront increase in wildfires
A report from data analytics firm Twenty Four Seven examines the decade 2030 to 2040.
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- August 6 2020
New Zealand February flood payouts rise: ICNZ
The claims total is at least US$20m - not including public infrastructure.
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- August 5 2020
IAG has settled 12,400 summer bushfire claims
The Aussie major has been hit hard by nat cat costs and Covid-19.
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- August 5 2020
Allied World: The importance of sprinklers in Asia
There’s no point in spending money on a sprinkler system if it will be hampered and will not adequately protect the building.
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- August 5 2020
Japan’s P&C majors seek up to 10% premium hike: report
After several years of severe flooding, premiums will rise for high risk flood areas.
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- August 5 2020
Korean Re and Carlyle to provide co-reinsurance: report
It's estimated such contracts in South Korea could be worth tens of billions of dollars in value.
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- July 28 2020
Gallagher snaps up another Brisbane broker
It is the broking giant's second deal in Queensland in under two months.
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- July 27 2020
MAS ramps up (re)insurers’ cyber risk regulation
The regulator looks to enhance its oversight and impose larger fines.
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- July 17 2020
China to remove restrictions on insurers’ equity investments
Chinese insurers hold over US$3 trillion in assets.
