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- January 25 2022
Sri Lanka Insurance sees GI book grow 5.4% in 2021
The insurer's overall premiums hit US$213.2m, an increase of 9.7% over 2020.
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- January 25 2022
Japan’s P&C players to focus on property, specialty: GlobalData
Growth areas include cyber, event cancellation and business interruption.
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- January 24 2022
CPIC records life and P&C premium growth for 2021
P&C premiums at the Shanghai-headquartered insurer grew by over 3% to US$24.2bn.
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 24 2022
World Bank hands US$8m cat payout to Tonga
A one-in-one-thousand year event has triggered an emergency resilience option.
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- January 24 2022
PVI Re sees record revenue and profits
The company is listed on the Hanoi Stock Exchange and celebrated its tenth anniversary last year.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 19 2022
Suncorp New Zealand appoints new head of claims
Jane Brewer has been at the insurer for over a decade and will take on her new role in July.
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- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
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- January 19 2022
China Taiping GI’s 2021 GWP decreases 2% from previous year
The Chinese P&C subsidiary recorded US$4.33bn of GWP in 2021.
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- January 18 2022
Integra signs partnership with major South Korean adjuster
Seoul-headquartered International Adjusters & Surveyors (Iasco) has over 600 staff.
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- January 18 2022
Ping An sees P&C GWP fall in 2021
The insurer generated US$42.5bn of non-life gross written premium last year.
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- January 18 2022
Powerful Queensland hailstorm triggers commercial claims
The storm damaged a council building, an aquatic center and an art gallery in Toowomba.
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- January 17 2022
India’s Digit Insurance narrows full year losses: report
The digital player recorded strong revenue growth for the FY 2021 financial year.
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- January 17 2022
Credit Suisse files claims with US$1.17bn exposure related to Greensill
The five claims are revealed as the bank tries to recoup more money after the supply chain financier's collapse.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- January 13 2022
China Life appoints temporary chairman amid investigation
Non-exec director Yuan Changqing steps up after Wang Bin suspected of discipline breaches.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- January 12 2022
The pandemic accelerated a digital ‘structural shift’: AFF
There is more work to do to utilise data for product design and claims, according to experts at the Asian Financial Forum.
