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- March 4 2022
Rivals circle Axa’s S$150m motor business
After HSBC purchase, without a new bancassurance partner, competitors sense opportunity in the Lion City.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 25 2022
Austbrokers’ parent targets 19% growth
AUB has increased its profit goal and looks set to join the race for global scale.
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- February 23 2022
Takaful resilience on display in 2021
Islamic insurance products in Indonesia and Malaysia grew much faster than conventional insurance.
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- February 21 2022
The Hartford targets ‘strategic growth’ in Asia
Head of international Carl Bach sees good opportunities in the region after portfolio rebuilding.
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- February 18 2022
Private equity helps fuel growth in Asia M&A cover
Record deal growth is promoting the use of risk transfer solutions.
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- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
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- February 14 2022
Zurich’s Asia P&C profits surge as conditions improve
Small commercial uptick and travel recovery in Australia and Japan helped 2021 profits hit US$235m.
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- February 11 2022
Chaucer launches new ESG scorecard
The China Re-owned specialty player is teaming up with Moody’s to track ESG metrics.
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- February 9 2022
Indonesia struggles to shake pandemic effect
Non-life premiums registered zero growth in 2021 after a weak end to the year.
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- February 7 2022
Korean insurers too slow to quit coal
Samsung F&M and other Korean insurers lag global peers in adopting coal policies.
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- February 4 2022
LIC IPO could fetch US$8.84bn
The government has revised its divestment target for this fiscal year, hinting at LIC's expected IPO size.
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- February 3 2022
Taiwan non-life profits up 33%
Demand for health insurance drove strongest premium growth in more than a decade.
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- January 31 2022
io.insure start-up launches online M&A insurance marketplace
The Australian insurtech is promising 24-hour turnaround for deals valued less than US$100m.
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- January 28 2022
Malaysia targets insurtech in new plan
The central bank’s Financial Sector Blueprint envisages new digital licences by 2023.
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- January 26 2022
Indian non-life insurers grew 12.2% in 2021
Health insurance made up 33% of the non-life market last year, surpassing motor for the first time.
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- January 24 2022
Tokio Marine accused of failing climate promises
The Japanese insurer, as well as Chubb and Mapfre, criticised over Brazilian drilling.
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- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
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- January 19 2022
Xi Jinping comments are welcome news for foreign (re)insurers
Chinese leader hints at more deregulation as Gallagher becomes the latest overseas entrant.
