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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 26 2020
‘Significantly lower’ profits at Australia’s P&C players: APRA
It has been a tough 12 months for the sector as market enters perilous summer season.
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- November 23 2020
New Zealand’s Ohau fire claims surpass US$24m
It was one of the largest wildfires in the country's history.
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- November 19 2020
Aon Re recruits Seewon Oh for APAC capital advisory arm
The division will service both P&C and L&H (re)insurers.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 13 2020
Chinese insurers eye US$1bn Tahoe Life deal: report
Ping An and Sunshine Insurance have been named as potential buyers.
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- November 12 2020
ESG to become more significant for Japanese insurers
ESG is growing in importance for the domestic market, but hurdles remain says Moody's.
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- November 11 2020
KPMG: Why 2021 is a pivotal year for IFRS 17 preparations the world over
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.
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- November 11 2020
Kyobo Life reviving long-delayed IPO: report
South Korea’s financial institutions are pivoting towards fundraising on the stock market.
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- November 10 2020
Asia’s property GWP to grow US$14bn by 2023: GlobalData
The sector is set to rebound from a tepid 2020.
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- November 6 2020
Chubb appoints ex-Axa exec as country president for Vietnam GI
Khue Dinh has taken on the role this month.
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- November 3 2020
Korean Re’s overseas expansion goes into high gear
Expanding into global markets is not a matter of choice, but a must, says CEO Jong-Gyu Won.
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- October 29 2020
Peak Re raises US$250m through public hybrid securities
The funds will help the reinsurer to diversify its capital structure and brings additional capacity.
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- October 29 2020
Singapore’s deputy PM to deliver SIRC keynote
Heng Swee Keat will speak at the launch of the Global-Asia Insurance Partnership.
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- October 26 2020
Vietnam’s market braces for claims after “devastating” floods
Thousands of hectares of crops have been submerged.
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- October 26 2020
Asta-backed Lloyd’s syndicate-in-a-box targets US$25m GWP
It will start placing business in January and is aimed at mutuals in Australia and New Zealand.
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- October 20 2020
Perils pegs Queensland April hailstorm losses at US$429m
Insurers experienced unusually late and significant claims development.
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- October 20 2020
Malaysia and Indonesia hold high potential: Aon
To achieve strong growth the broker says, it's best to look "beyond developed economies."
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- October 13 2020
Thai regulator’s five-year plan emphasises market infrastructure
It promotes insurtech, the Insurance Bureau System and the OIC Gateway.
