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- September 7 2020
Chinese insurers are leveraging BRI reinsurance pool to “go global”
11 of China's major players are collaborating to spur market opportunities.
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- September 4 2020
Etiqa unveils takaful CEO as it hunts for Asean deals
The Malaysian firm recently expanded into Cambodia.
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- September 4 2020
CBIRC steps up motor market reforms, supervision
Regulatory oversight is being strengthened.
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- September 3 2020
China Post Life eyes US$2.2bn stake sale as state pushes for market reform
Beijing-headquartered China Post Life, the life unit of state firm China Post Group, is looking to raise Rmb15 billion (US$2.2 billion) in a stake sale, notes multiple reports. China Post Life is vyin... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company […]
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- September 3 2020
Fusion and AGCS ramp up Asian M&A capacity with HK MGA
The firm will focus on specialist W&I to help address a regional boom in deal activity.
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- September 3 2020
Indonesia’s PasarPolis unlocks record SEA insurtech funding
Firm to use the additional US$54m to facilitate expansion and AI/data initiatives.
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- September 2 2020
Zurich’s Naidu to lead APAC as Howell takes on digital unit
The UK chief executive will start in the region at the beginning of next year.
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- September 2 2020
China’s market recovers with 7% GWP growth to US$437bn
Domestic players now hold over US$3.2 trillion of assets.
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- September 2 2020
Korean internet giant sees digital P&C launch delayed: report
Kakao wants to secure an insurtech foothold amid a buzz of activity.
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- September 1 2020
QBE CEO Regan leaves after conduct investigation
Chairman Mike Wilkins to oversee day-to-day operations amid search for a successor.
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- September 1 2020
Australia Bushfire Commission: “Tough reality ahead” for market
More extreme summers and large losses are in store for (re)insurers.
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- September 1 2020
Hong Kong’s H1 premiums rise, but “Covid impact” coming
Firms look to the Greater Bay Area despite large drop in life policies taken by mainland Chinese.
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- August 31 2020
China green lights US$2.3bn agriculture reinsurer
The new firm is understood to be backed by China Re and Ping An.
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- August 31 2020
Markel’s strategic pivot to renewables and Asia
How the specialty player is leveraging the renewable energy drive and demand.
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- August 27 2020
Prudential Life Korea hires CEO from rival after US$1.9bn deal
The newly-acquired carrier, by KB Financial, appoints DGB Life's leader.
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- August 27 2020
Australia’s P&C profits tumble as nat cat bill hits US$2.8bn
Market deals with double whammy of extreme weather and large falls in investment income.
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- August 27 2020
MetLife’s Malaysia JV up for potential US$600m sale: report
A sales process for AmMetLife could take place later this year.
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- August 27 2020
Korea’s market bracing for damage from Typhoon Bavi
Some significant property claims are expected from the storm.
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- August 26 2020
Axis Bank to take reduced stake in India’s Max Life
Discussions with the Insurance Regulatory and Development Authority led to a revised deal.
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- August 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
