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- March 25 2022
2021 NSW and Queensland flood loss downgraded to US$515m: Perils
The data specialist had expected in September that the event would cost the market US$562m.
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- March 23 2022
Major Australia BI decisions appealed to High Court
The ICA says it understands the need for "definitive guidance".
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- March 22 2022
Thai regulator issues demands on two Covid-hit P&C players
Southeast Insurance and Thai Insurance are trying to wind down their troubled portfolios.
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- March 21 2022
Berkley Insurance Asia bolsters financial lines team
The former Dual Asia underwriter is based in Singapore and joins a team of six.
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- March 18 2022
Marsh Specialty appoints new Asia leader
The global broker has promoted from within to replace Simon Delchar, who moves to the UK.
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- March 18 2022
New Zealand introduces nat cat Bill for disaster response
The move helps clarify the current Earthquake Commission Act and takes lessons from 2010-11.
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- March 17 2022
Generali grows APAC P&C book by 16.3%
The Italian giant is expanding in India and Malaysia.
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- March 17 2022
Vietnam GI market to reach US$3.5bn in 2026: GlobalData
The South-East Asian economy is set to see increasing amounts of cumpulsory insurance.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 14 2022
Flood claims hit US$1.5bn: ICA
Over 135,000 claims have been received from south-east Queensland and New South Wales.
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- March 11 2022
Australian broker PSC raises US$59m for M&A
ASX-listed firm is targeting commercial broker deals in Australia and the UK.
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- March 11 2022
HKIA urges market to review plans ahead of Covid testing
The capacity and integrity of IT systems must be critically evaluated, says the regulator.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- March 9 2022
Flood claims estimate tops US$1bn: ICA
The ICA is working with authorities to expedite visas for recovery personnel deployed overseas.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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- March 8 2022
Ensurance Australia signs professional risks deal with Liberty Specialty
The three year agreement for delegated underwriting authority runs from March 16.
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- March 7 2022
Covid-19 provisioning helps Hollard’s results: AM Best
Hollard’s purchase of CommInsure is expected to complete in the second half of 2022.
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- March 3 2022
Philippine Covid claims reach US$324.5m: report
Covid payouts more than tripled in 2021 than in 2020.
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- March 3 2022
China will not impose sanctions on Russia: CBIRC
Head of the regulator Guo Shuqing believes such measures to be illegal and ineffective.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
