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- September 17 2020
Fitch says HK’s capital rules to boost capital management
The new framework will also give the Insurance Authority greater regulatory oversight.
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- September 17 2020
Australia’s terrorism pool focuses on retrocession, modelling
The Australian Reinsurance Pool Corporation has released a new four year strategy for the US$10bn scheme.
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- September 7 2020
Peak Re: A paradigm shift for ILS
There's a significant opportunity to support the development of insurance-linked securities in the region.
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- September 7 2020
Market readies for P&I loss as oil tanker in Sri Lanka catches fire
The MT New Diamond is a large crude ship which flies the Panama flag.
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- September 7 2020
2,000 unresolved claims 10 years after Canterbury earthquakes
Overall payouts have climbed over US$20bn.
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- September 3 2020
Korean Re forms strategic co-insurance partnership with The Carlyle Group
The partnership is timely given the increase in regulations which will raise capital requirements in South Korea.
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- September 3 2020
AIG appoints senior trio in Australia
Dan Collinson, Gabrielle Nisbet and Ameilia Douglas all handed new roles.
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- August 31 2020
Billionaire Flipkart founder eyes India M&A deal
Sachin Bansal wants to buy Liberty General Insurance to help expand Navi Technologies.
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- August 26 2020
Motor claims drop in Japan and Korea amid lacklustre growth
There are mixed fortunes for P&C players operating in the two countries.
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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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.
