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- February 12 2020
World Bank’s influence over Asia’s nat cat cover grows
Reinsurers are allying with the Washington institution to create some sizeable programmes.
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- February 12 2020
China’s Huize completes US$55m Nasdaq IPO
The online broker was originally looking to raise as much as US$150m.
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- February 12 2020
MS&AD to promote Noriyuki Hara to top role: report
The chief executive of Mitsui Sumitomo is in line to lead the international major.
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- February 11 2020
Australia’s Townsville floods were US$832m property loss: Perils
The 2019 disaster brought record-shattering rainfall and the highest payout since the Brisbane Floods.
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- February 11 2020
Chubb’s Longmore switches digital role for Indonesia GI president
He replaces Tai Kuan Ly who is staying at the US giant.
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- February 10 2020
Prudential seeks full control in China: report
British insurer is in a joint venture with Citic and any move would follow regulatory changes.
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- February 7 2020
Japan and Singapore team up for Asia nat cat risk scheme
The protection programme will support lower income countries.
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- February 7 2020
Prudential appoints emerging markets, Singapore CEOs
Wilfred Blackburn moves back to Hong Kong and Dennis Tan joins from OCBC Bank.
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- February 6 2020
8 insurers charged with violating Philippine Competition Act
Entities found to have entered into anti-competitive agreements to face fines.
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- February 5 2020
Cyclone threatens Australia as summer claims hit US$1.46bn
Cyclone Damien would be the third tropical storm of a wild weather season for the market.
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- February 5 2020
Miramar Underwriting Agency opens Perth office
The agency is targeting brokers in Western Australia with Grant Bowen as manager.
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- February 4 2020
BMS Australia boosts financial lines with Gallagher hire
Kirsty Kennell-Webb joins from rival in Sydney.
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- February 4 2020
Tokio Marine Thailand completes merger with Safety
The newly formed player is aiming for a GWP target of US$676m in three years.
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- January 29 2020
How is China embracing environmental standards?
Regulatory and corporate action illustrates desire to reduce risk but much more action is needed.
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- January 27 2020
Generali and BlackRock moves signal green market shift
The financial sector is taking note of its role in driving sustainability and resilience.
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- January 27 2020
IAG’s profit margin falls as nat cats take toll
Australia's dramatic natural disasters continue to impact P&C players.
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- January 24 2020
Indonesia to address crisis with enhanced surveillance
A government bill will help regulators while the FSA itself is being investigated.
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- January 23 2020
Charles Taylor delists as US$372m PE takeover finalised
Private equity buyer Lovell Minnick Partners was forced to increase the purchase price.
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- January 23 2020
China’s PICC estimates 60% to 80% profit jump for 2019
Chinese giant had a very good year.
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- January 22 2020
India’s Digit valued at US$800m after latest PE round
Insurtech market gains traction as Fairfax-backed firm raises another US$84m.