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- March 9 2021
Chubb names Peter Kelaher as head of Australia and New Zealand
The former P&C head replaces Jarrod Hill and will oversee 800 employees across seven branches.
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- March 8 2021
Indonesia’s takaful market hit 7% market share in 2020
A Fitch report says that life sales still dominate the sector while noting that prospects remain healthy for 2021.
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- March 5 2021
Taiwan regulatory supervision steps up as profits rise 33%
The FSC is changing capital and investment requirements to support insurers' resilience.
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- March 5 2021
Asia’s aviation market set to harden further
Aon's Gary Moran says premiums are dependent on a broader airline industry recovery.
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- March 4 2021
Asia sees ‘biggest shift’ in cyber premiums
Expert tells IAN premiums are increasing even for those with "clean accounts".
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- March 2 2021
CBIRC chair wants ‘more effective ways’ to attract foreign capital
Guo Shuqing says the regulator has scored “victories against financial risks" over the last year.
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- March 2 2021
Japan P&C rates harden as quake, fire premiums rise
MS&AD, Sompo Japan and Tokio Marine make changes after a string of severe typhoons in recent years.
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- March 1 2021
Scor P&C’s Spichtig sees ‘momentum’ in reinsurance demand
The Singapore-based executive discussed the firm's Asia strategy and highlighted agriculture and renewable energy as key areas.
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- March 1 2021
Asia insurers’ ESG efforts won’t impact profitability, ratings: Fitch
Regulators have only just started to see sustainability as a priority, a senior analyst at the agency tells IAN.
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- February 24 2021
HSBC to double down on China as global premiums dip
Protests and Covid-19 hit Hong Kong's life sales hard as mainland visitors dried up in 2020.
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- February 24 2021
Aegon exploring Asia life operations sale: report
Transamerica Life Bermuda targets high net worth individuals in Singapore and Hong Kong.
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- February 23 2021
New Zealand MGA Delta appoints Kent Chaplin as COO
The former DXC Technology and Lloyd’s executive joins to support the agency's Asia expansion plans.
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- February 23 2021
Tahoe Life sale runs aground as Ping An jumps ship
The HKIA has reportedly also ordered the insurer to temporarily stop underwriting new business.
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- February 22 2021
Increased regulation to drive Asia Pacific run-off activity: PwC
Region holds US$123bn in non-life run-off reserves – compared with US$385bn in the US.
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- February 19 2021
Recent Japan earthquake losses likely to exceed US$100m
Aon report says 7.1-magnitude tremor unlikely to be 'significant' industry event.
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- February 19 2021
Hong Kong’s virtual banks primed to disrupt insurance
HKIA expects ZA Bank's interplay with digital insurance arm to spur similar ventures.
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- February 17 2021
Manulife’s Hong Kong & Macau earnings up 10%
Amid protests and a pandemic, new business in 2020 fell by 14% to US$460m.
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- February 16 2021
China sees 6.1% growth as premiums hit US$700bn
CBIRC full-year figures also show the reinsurance market grew 16.3% in 2020.
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- February 16 2021
Hong Kong captive market to step up in 2021
Market experts tell IAN that regulations are making it hard to attract businesses from beyond China.
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- February 11 2021
Philippines exploring additional regional catastrophe risk pools
The government has tried — and failed — to launch a reinsurance scheme to cover state assets.
