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- December 31 2021
Japan’s ‘Big Three’ primed for SE Asia growth
Sompo, Tokio Marine and MS&AD have all launched a number of initiatives in Thailand, Vietnam and Singapore this year.
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- December 30 2021
Asia M&A 2021 Review
While overall activity was down on pandemic concerns, insurers still closed several noteworthy deals last year.
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- December 24 2021
Korea’s FSC flags health, IFRS 17 as 2022 insurance priorities
The regulator has also introduced measures this year that allow insurers to expand their digital offerings.
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- December 22 2021
Munich Re, WTW’s sovereign debt ‘cat wrapper’ a model for SE Asia
The demand for similar style debt protection in the region is likely to grow.
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- December 10 2021
New Zealand’s July storm bill hits US$96m: ICNZ
The association said this figure is a 15% increase from its previous report in September.
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- December 9 2021
Labuan Re faces GWP decline amid Lloyd’s rollback: AM Best
The rating agency also upgraded its outlook for the Malaysian reinsurer from negative to stable.
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- December 8 2021
AIF 2021: Covid-19’s digital changes here to stay
Forum told that online channels can target new customer sets who traditionally haven't been offered cover.
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- December 7 2021
AIA calls time on coal seven years early
The Hong Kong-based life player has also committed to achieving net-zero greenhouse gas emissions by 2050.
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- December 6 2021
Malaysia’s takaful players on ‘value-based’ journey: regulator
Regulator notes how policyholders were offered deferments during the pandemic.
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- November 30 2021
PIC 2021: Digital insurance faces data privacy challenge
Panel told that travel and motor lines may be more open to the use of personal data than the L&H markets.
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- November 17 2021
SIRC 2021: Nature-based solutions offer long-term returns
Climate change mitigation could generate financial returns of up to US$25bn per year across Asia.
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- November 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
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- November 8 2021
MAS reviewing asset, liability exposure reporting
Insurers have until December 6, 2021 to submit their comments on the new proposals.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- October 14 2021
Australia’s P&C players told to up their risk game
APRA's deputy chair Helen Rowell describes BI issue as a “significant mis-step” by the country’s general insurers.
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- October 7 2021
Australia’s nat cat costs on upward trajectory
Natural disasters cost Australia around A$38bn per year but this figure is set to rise significantly.
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- September 30 2021
Asia’s insurers face fluid M&A landscape
A series of smaller deals may be more effective than pursuing a single transformative transaction.
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- September 28 2021
NZ regulator takes swipe at credit card insurance
Financial Markets Authority says loss ratios are as low as 10% for the business line compared to 80% for health insurers.
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- September 21 2021
GIC Re’s underwriting losses remain the elephant in the room
The reinsurer has been overly reliant on investment returns to turn a profit.
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- September 13 2021
HK’s temporary facilitative measures extended to March 2022
The HKIA's exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.