-
- August 31 2021
Hong Kong’s H1 GWP falls 2.2% to US$39.5bn
HKIA says general insurance underwriting profits improved from US$80m to US$102m in the first half of the year.
-
- August 31 2021
Vietnam’s life market sees H1 new business rise 48.5%: report
Total premiums for country's life sector are estimated at around US$3.2bn.
-
- August 31 2021
Australia’s P&C market shows signs of recovery
General insurance market posts A$750m profit for June quarter as opposed to A$12m in the previous three months.
-
- August 31 2021
Philippines premiums up double-digits in Q1: report
Life market as well as engineering, casualty and health premiums showed significant growth.
-
- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
-
- August 30 2021
Asia’s life market sees new business fall 19.2% in 2020
Hong Kong saw the highest decline with a 56% drop while Indonesia was next on the list at 32%.
-
- August 27 2021
Aon appoints APAC reinsurance CEO and president
George Attard and Jeremy Goodman have been handed the roles amid a leadership reshuffle.
-
- August 27 2021
Toa Re overseas arms improve top-line but impact profitability
The Japanese reinsurer's overseas subsidiaries accounted for more than 25% of the firm's total premiums.
-
- August 26 2021
Asia healthcare cover should reflect industry innovation: Lloyd’s webinar
Life science firms are increasingly in need of public liability, PI, medical malpractice and product recall cover.
-
- August 26 2021
China Life’s H1 profits jump 34.2%
GWP growth at the life giant has been sluggish as the economy continues to recover from Covid-19.
-
- August 26 2021
Insurance M&A in APAC falls 51% in H1 2021: Clyde & Co
While deal activity is up recently, APAC regulators can demand substantial capital increments as part of any transaction.
-
- August 25 2021
HKIA report identifies US$880bn mortality protection gap
The findings translate to HK$1.9m per working adult -- around 5.7 times the average annual income.
-
- August 25 2021
Peak Re sees H1 2021 GWP dip as profits rise
The Hong Kong-based reinsurer’s underwriting improved due to “portfolio adjustments” and “continued rate hardening in major markets”.
-
- August 24 2021
Nexus appoints Asia head of treaty reinsurance
Tan Chai Foo has joined from Malaysia's Progressive Insurance.
-
- August 24 2021
Korea P&I Club’s balance sheet improves but risks remain
Rating agency report says the association bounced back to profitability in 2020 after some "unprecedented" claims in 2019.
-
- August 23 2021
China’s Ping An Health to see ‘robust’ growth: AM Best
The insurer's net profit increased by 47% to US$92m in 2020.
-
- August 23 2021
Indonesia’s Lifepal insurtech raises US$9m in Series A round
The digital player offers over 300 policy types across motor, health, life and travel through over 50 insurers.
-
- August 23 2021
Japan’s P&C market to hit US$133bn by 2025: GlobalData
Motor insurance is forecast to grow by 1.4% in 2021 against a decline of 3.6% in 2020.
-
- August 20 2021
AIG’s McMurdo to join Steadfast MGA as CUO personal lines
The move comes as the broking group's MGA division acquires AIG's HNW home and contents portfolio.
-
- August 19 2021
Pandemic cover needs creative solutions: Lloyd’s Asia webinar
Munich Re pandemic specialist Alexander Liu described Covid-19 as a "grey rhino" event.
