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- June 19 2020
NZ’s EQC secures US$4bn reinsurance programme
The placement via Aon is considered a significant milestone given the country's earthquake risk.
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- June 18 2020
Swiss Re, Tata AIG partner in India for catastrophe scheme
The state-led parametric programme covers the current monsoon season.
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- June 18 2020
Singapore’s (re)insurers move into second phase of reopening
The move comes after a prolonged lockdown.
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- June 18 2020
Howden’s Goh “exploring investments” in Asia
The specialist broker wants to continue expansion as the region navigates uncertainty.
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- June 17 2020
South China flood losses reach almost US$3bn
Intense rain and floods come as Beijing deals with a new Covid-19 cluster outbreak.
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- June 15 2020
Cambodia’s burgeoning (re)insurance potential
The market is one of the most attractive growth propositions in Asia.
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- June 12 2020
Leaked documents show market cooperation with Adani mine
The invoices involve major (re)insurance players but several firms are downplaying involvement.
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- June 12 2020
Future Group seeks to divest from Generali JVs: report
The in-crisis Indian conglomerate is seeking funds for debt repayment.
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- June 10 2020
HKIA urges market co-operation to face challenges
IA's chairman voices support for Beijing's national security law and eyes opportunities.
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- June 10 2020
Gallagher snaps up Australian construction broker
The US-headquartered firm is back on the acquisition trail.
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- June 9 2020
Ergo diversifies in China with 25% stake in P&C player
Juergen Schmitz, China CEO at the Munich Re-owned insurer, hails deal as "strong entry point."
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- June 9 2020
Allianz doubles down on “growth engine” Asia
The coronavirus is creating opportunities in the region according to the global giant.
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- June 8 2020
IOC “in discussions” for Tokyo Olympics compensation
Munich Re and Swiss Re both have large exposures to the event.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 5 2020
FWD seals US$300m deal, CEO hails Indonesia as a “priority market”
The HK major announced the acquisition of Australia's Commonwealth Bank's division in 2018.
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- June 5 2020
India’s motor claims surge over 50% as traffic restarts
However the country is still in lockdown -- which has now surpassed 70 days.
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- June 4 2020
Munich Re’s Farny on preparing for future risks
The APAC exec reflects on growth opportunities, pandemic coverage, BI claims and typhoon season.
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- June 4 2020
Carlyle, T&D complete US$1.8bn Fortitude acquisition from AIG
The US major is set to receive US$2.2bn in sale proceeds.
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- June 4 2020
Tokio Marine upgrades renewables after GCube purchase
GCube is looking to expand into key Asia markets to underwrite renewable energy risk.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
