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- April 8 2021
Rail losses give recent Japan EQ US$1bn potential
McLarens adjuster tells IAN railway damage is likely to be key factor affecting claims after February's magnitude 7.0 earthquake.
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- April 6 2021
Insurtech Profile: Coherent
The HK-based firm is looking to expand and is building a new team in Japan this year.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- March 31 2021
Philippines insurtech targets SE Asia after aggregator launch
Kwik.insure founder tells IAN it is eyeing Vietnam following local tie-up with 15 insurers.
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- March 30 2021
Malaysia P&C underwriting margins to come under pressure
AM Best sees an increased digitalisation of the market and 'good' profitability in the medium-term.
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- March 30 2021
Hong Kong’s GWS framework comes into effect
Regulator's chief executive hopes the move will attract more big players.
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- March 29 2021
Sedgwick appoints Asia forensic advisory head
Linda Sim, a senior manager at the loss adjuster since 2017, takes on the role.
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- March 26 2021
South Korea insurers’ profit spike to face 2021 headwinds
Regulator reveals 14% increase for 2020 but expert predicts claims jump as Covid-19 restrictions are relaxed.
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- March 26 2021
Iain Reynolds and Andrew Souter to co-lead Peak Re’s P&C operation
Head of analytics and director of markets step up as Chris Kershaw retires.
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- March 26 2021
Container ship stuck in Suez Canal to trigger ‘large losses’
Insurers could be on the hook for salvage bill and liability claims from the stricken Ever Given, experts tell IAN.
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- March 25 2021
Malaysia’s motor market needs ‘opening up’: PIAM
Industry body urges changes in how insurers can price risk to address consistent losses.
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- March 23 2021
CXA shutters Vietnam office as it ‘consolidates’ due to Covid-19
The insurtech sold its Singapore and Hong Kong brokerages in February.
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- March 22 2021
Fairfax Asia makes take private bid for Singapore Re
The reinsurer focuses on property, liability, accident and marine lines and is valued at US$155m.
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- March 19 2021
Chubb makes US$23bn bid for The Hartford
In January, the US insurer brought in Philip Chan, the former Greater China head at Axa XL, to lead its Asia operations.
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- March 19 2021
GBA insurance plans hindered by data law diversity
Market remains bullish but cross-border transfer rules need work, experts tell IAN.
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- March 18 2021
Hong Kong’s digital insurers need ‘time’ amid mixed results
Insurance Authority data for 2020 shows some large gaps between premiums and expenses.
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- March 17 2021
Bitcoin mining cover needs ‘realistic’ pricing
As policy requests grow, expert tells IAN the risk exceeds traditional data centres.
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- March 16 2021
Hong Kong’s general sales rebound amid ongoing life slump
Experts tell IAN the local market is far too dependent on mainland customers.
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- March 11 2021
Insurtech Profile: Igloo
Company founder and CEO Wei Zhu tells IAN the cloud-based micro-insurer is eyeing an acquisition in one of its existing markets.
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- March 9 2021
TAL Dai-ichi Life hires bankers for Westpac Life buy: report
The insurer has reportedly hired Bank of America Merrill Lynch to advise on a potential deal.
