Chinese regulator fines Ping An P&C for internal control failures, fund misuse
May 20 2024 by InsuranceAsia News
-
India’s WestBridge Capital joins forces with former Tata AIG CEO to launch general insurer: reports
- November 19
The private equity firm will hold a majority stake with Neelesh Garg taking a 10% ownership in the new joint venture that will be launched mid-2025 and will offer health, motor, fire, and property covers.
-
Generali GC&C hires Nicholas Selff from Chubb as head of underwriting for Asia
- November 19
Selff, who has relocated to Hong Kong, started with the insurer's leadership team on November 18.
-
Allianz Commercial appoints Ben Church as head of broker distribution for Australia
- November 18
The appointment comes after Sydney-based Church had assumed this role in an acting capacity six months ago.
-
South Korea’s non-life insurance outlook stable on new regulations, strong P&C, motor results: AM Best
- November 15
In terms of challenges faced by the segment, AM Best highlighted slower expansion of auto insurance owing to recent rate cuts and sluggish growth in motor vehicle registrations as a key factor.
-
BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
-
Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
-
HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
-
PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
