Country: Asean Page 61 / 129
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- February 3 2021
WTW makes two senior Asia financial lines appointments
Sagar Mehta and Ernest Heng join Singapore team as broker's merger with Aon faces regulatory scrutiny.
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- January 29 2021
Crawford appoints new Singapore country manager
Arne Eisfeld joins from AGCS where he served as APAC head of marine hull.
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- January 27 2021
Asia political risk capacity to rise
Experts tell IAN that Hong Kong and Thailand are likely to see further rate increases.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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- January 22 2021
Indonesia quake to see minimal insured losses
In-country loss adjusters tell IAN only a small number of claims have been made so far.
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- January 21 2021
Thailand’s P&C market to hit US$9.4bn by 2024: report
The sector’s CAGR is expected to be 2.4% over the next three years.
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- January 21 2021
Asia piracy hits five-year high but war rates ‘stable’
Standard Club tells IAN that claims have been relatively low and the region's risk profile remains unchanged.
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- January 20 2021
Axa Singapore bidding war draws HSBC and Etiqa: report
A disposal could raise as much as US$700m for the French firm.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 19 2021
MAS sets ‘higher expectations’ for cyber risk
The Singapore regulator told IAN that (re)insurers need to identify their key IT vulnerabilities.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 15 2021
Grab’s fintech unit raises US$300m in Series A round
Chubb, ZA Tech already partner with the ride-hailing firm’s insurance arm.
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- January 14 2021
Vietnam’s MoMo raises US$100m in Series D round
The insurtech’s partnership with state-owned Bao Viet offers motor, health and travel coverage.
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- January 14 2021
Marsh confirms Collin Yap as Singapore CEO
He succeeds Iris Teo who has taken on a regional leadership role at the broker's consulting arm.
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- January 14 2021
Aon/WTW: Spotlight falls on APAC antitrust regulators
IAN understands the deal has already been cleared in China.
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- January 13 2021
Insurtech Concirrus hires marine duo for Asia push
The data and tech firm is looking to capitalise on a hardening market.
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- January 12 2021
Malaysia flood losses could rise to US$10m
In-country loss adjuster tells IAN few large commercial claims are expected.