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- September 15 2021
Hero Insurance Broking gains reinsurance licence — report
Hero Enterprise chairman Sunil Munjal says the broker wants to offer lines such as manufacturing and employee benefits.
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- September 15 2021
Cathay Century records 11% premium growth in 2021
Taiwan's second-largest P&C player recorded GWP of around NT$23.5bn in 2020.
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- September 15 2021
Renewable energy risks climb in Asia: Lloyd’s webinar
Solar and wind farms are more susceptible to nat cats than traditional forms of energy.
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- September 14 2021
Markel adds senior fine art and specie underwriter in Singapore
Janita Leu will report to the specialty player's Asia director Colin Fordham.
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- September 14 2021
BMS appoints senior financial lines duo in Australia
Guy Van Dugteren and Andrew McKenzie have joined from Gallagher and Aon and are both based in Brisbane.
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- September 13 2021
MSIG Singapore taps Mack Eng as new CEO
The current chief executive Craig Ellis is retiring and returning to Australia.
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- September 13 2021
Malaysian regulator seeks feedback on bancassurance
The central bank has given stakeholders until September 30 to submit feedback.
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- September 10 2021
Indian authority issues guidance on cyber insurance
The IRDAI wants insurers to review their existing cyber products as attacks accelerate during the pandemic.
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- September 9 2021
Global non-life premiums to top US$7trn in 2022: Swiss Re
General insurance premiums to rise 10% above pre-Covid levels by the end of this year.
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- September 9 2021
CBIRC says motor insurance reforms meeting objectives
Regulator says auto insurance's share of the P&C market is nearing that of US and Japan after last year's regulatory changes.
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- September 9 2021
HSBC Life appoints new Singapore head
Ho Lee Yen joins as chief executive officer from AIA Singapore, where she held the role of chief distribution officer.
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- September 9 2021
ICNZ says July storms cost US$87m
The extreme weather event has created over 5,000 claims so far as Covid-related restrictions slow repair work.
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- September 9 2021
Lloyd’s Asia players highlight property, manufacturing risks: webinar
The ability to add extra protection through ownership seen as a key factor affecting an insured's risk profile.
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- September 9 2021
Australia’s insurers call for national approach on disaster recovery
ICA report says the removal of state taxes on insurance should boost coverage across the country.
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- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.
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- September 8 2021
IGI appoints APAC financial lines underwriter in Labuan
Manpreet Kaur Gill has previously worked at QBE, AIG and Zurich and will be based in Kuala Lumpur.
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- September 7 2021
Swiss Re Corporate Solutions appoints new Malaysia head
Jack See will relocate to Kuala Lumpur from Singapore and succeeds Juerg Stoll.
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- September 7 2021
China and climate risks to drive P&C growth until 2040: Swiss Re
Reinsurer expects US$2.5tn in new global P&C premiums of which 43% will originate from emerging markets.
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- September 7 2021
Korea’s P&C space to see accelerated digital transformation: Fitch
Carrot General Insurance recently rolled out a pay-per-mile plan for electric vehicles.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
