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- October 14 2020
APRA focuses on capital adequacy and corporate governance
Systemic resilience, cyber and corporate governance are moving up the agenda.
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- October 14 2020
China’s state insurers shuffle leaders, including scandal-hit PICC
PICC has been dealing with the fall out from fake gold bars being used as collateral in a transaction.
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- October 13 2020
Expect “above average” and early Australia cyclone season: BOM
A La Nina weather system means the market needs to prepare for a wet six months.
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- October 12 2020
Singapore’s cyber focus creates path for (re)insurers
The Monetary Authority of Singapore is clamping down on financial institutions through new rules.
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- October 9 2020
Axa XL confirms senior Asia appointments
They are part of a division overseen by Xavier Veyry.
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- October 9 2020
Ping An’s Lufax files for US IPO
The firm was valued at US$39.4bn at the end of 2018.
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- October 8 2020
Aussie insurtech backed by Japan’s Daido Life raises US$43m
Such partnerships are likely to become mainstream in the next three years.
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- October 7 2020
As IAG confirms US$99m settlement, Allianz also faces penalties
Aussie insurers have come under increasing regulatory and public scrutiny in recent years.
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- October 6 2020
Jason Harris joins QBE as Richard Pryce hands-over
Former Axa XL exec will oversee the international division, including Asia's operations.
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- October 5 2020
IAG’s incoming CEO to simplify and refocus as challenges mount
Nick Hawkins has his work cut out, but the new leader has a battle plan.
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- October 2 2020
Manulife moves HK-based exec to Malaysia CEO role
The leader has significant bancassurance and digital experience.
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- October 1 2020
MS&AD, Tokio Marine reaffirm climate commitments
They follow in the footsteps of Sompo, who released a climate and coal policy last week.
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- September 30 2020
CBIRC heightens digital supervision
By 2022 80% of China's insurers should be online.
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- September 30 2020
First Korean life player given Myanmar green light
The firm is now in search of a local partner to set up a JV.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 28 2020
Ping An ups stake in HSBC
The Chinese giant reaffirms its commitment to the bank, as its largest shareholder.
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- September 28 2020
Tesla’s big data disruption to spark insurers into action
The electric car giant is well-placed to make a market splash but challenges remain.
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- September 25 2020
People Round-up: IAG, Manulife, PartnerRe, Peak Re and more
As John Mok swaps Swiss Re for PartnerRe, it has been another busy week of movement.
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- September 24 2020
Sompo becomes first Japanese insurer to outline coal policy
But green groups say Japanese carriers are still lagging behind, with strong words for Tokio Marine.
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- September 23 2020
Peak Re boosts P&C team with director of markets hire
The Japanese-speaking exec is joining from Pioneer Underwriters in London.