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- June 11 2020
Cyclone Amphan losses shoot up to US$15bn: report
Most of the damage is expected to be uninsured.
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- June 11 2020
Sompo has smaller Covid-19 exposure than major peers: Fitch
Rival Tokio Marine is expecting over US$280m of losses alone.
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- June 8 2020
South Korea eyes stricter supervision for financial conglomerates
There has been a regulatory loophole for years.
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- June 1 2020
AIG on hook for Pakistan plane crash: report
A Pakistan International Airlines plane crashed on May 22 killing 97 people.
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- June 1 2020
Kakao and Samsung Fire & Marine end digital venture
A disagreement about selling motor insurance is understood to be the key reason.
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- May 27 2020
Asia’s change potential for A&H portfolios
As economies re-open in Asia optimism is growing among accident and health (A&H) underwriters.
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- May 21 2020
CBIRC issues new credit insurance requirements
China's insurers are beginning to face greater scrutiny at home and abroad.
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- May 21 2020
Singapore’s (re)insurers and brokers set for phased June reopening
Customer facing staff are being prioritised by the Monetary Authority of Singapore.
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- May 20 2020
India and Bangladesh brace for super cyclone while in lockdown
The human cost may loom larger than insured losses from this storm.
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- May 19 2020
Insurance Council of Australia appoints ex-CBA exec as CEO
Outgoing CEO Rob Whelan to step down after ten years.
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- May 18 2020
Hundreds of buildings destroyed as Typhoon Vongfong lashes Philippines
The first storm of the season has come as the country tackles the Covid-19 crisis.
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- May 14 2020
BNP Paribas Cardif in talks to buy stake in Indonesia life firm: report
It's Bank Rakyat's third attempt to sell a minority stake in Asuransi BRI Life.
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- May 14 2020
China D&O inquiries surge as execs face tightened scrutiny
Luckin Coffee is the latest firm to be embroiled in an accounting fraud.
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- May 4 2020
IAG forecasts lower GWP growth and margins for 2020
Investment income has been squeezed by the Covid-19 crisis and the dividend is under threat.
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- April 29 2020
Anbang sues Mirae over US$5.8bn luxury property book
The deal has been hit by a lack of debt financing as a result of market uncertainty.
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- April 28 2020
Steadfast’s revenue surges 26% but outlook less certain
Chief executive Robert Kelly has withdrawn full year guidance amid the Covid-19 crisis.
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- April 28 2020
Majority of Japan’s SMEs to survive Covid-19 threat: survey
The research from NN Life is welcome news for the market.
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- April 17 2020
Australia’s summer losses won’t be unique: enquiry
The Royal Commission investigation into the summer's costly bushfires has begun.
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- April 14 2020
Prudential Life Korea sold to KB Financial for US$1.9bn
The domestic financial group has won out after a bidding war.
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- April 9 2020
Climate change to spur rising losses in Asia: Swiss Re
The firm says risks remain insurable but mitigation measures need to be stepped up.