Country: Asean Page 62 / 135
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- July 21 2021
Malaysia’s P&C market heats up as Liberty bags AmGeneral
The US$540m deal comes on the heels of Generali buying Axa Affin General Insurance.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 19 2021
SE Asia supply chains face delta variant disruption
Standalone pandemic coverage and parametric triggers seen as possible de-risk solutions.
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- July 16 2021
Fairfax ownership to bolster Singapore Re: Fitch
The reinsurer is being taken private by the Canadian giant in a US$155m deal.
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- July 16 2021
Labuan pushes digitalisation and inclusion
(Re)insurers in the Malaysian financial hub saw GWP rise 6.7% to US$1.6bn in 2020.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- July 15 2021
Axa XL appoints Singapore country manager
Internal appointee Sylvie Gleises starts September 1 to replace the departing Kevin Leong.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
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- July 14 2021
X-Press Pearl’s owners pay initial US$3.6m claim
Sri Lanka's government is looking for US$40m to compensate for environmental damage.
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- July 12 2021
Beazley appoints APAC healthcare underwriter
Appointment of Prashansa Daga supports the expansion of the specialty player's medical & life sciences offering.
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- July 9 2021
Sompo International creates APAC global risk team
Trey Martino to lead Singapore-based team targeting China, HK, India, Japan and Macau.
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- July 8 2021
PVI Re ‘on track’ despite HDI ownership change
Vietnam reinsurer tells IAN its COR is around 90% after AM Best rating review.
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- July 7 2021
Global ‘digital pandemic’ driving cyber rate increases
Ransomware attacks in Singapore cost almost double the worldwide average.
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- July 6 2021
Insurtech Profile: gettgo
The Thai firm has millions of users and wants to introduce a smart search engine for health insurance.
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- July 5 2021
Malaysia plans RBC changes for (re)insurers and takaful firms
The central bank wants to update frameworks to make capital adequacy measures more consistent.
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- July 5 2021
Why Hong Kong will beat Singapore in ILS race
Chinese risks have an obvious home in the Special Administrative Region.
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- July 1 2021
LiquidX gets Singapore brokerage licence
The trade credit fintech has been given the greenlight from the MAS to set up shop.
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- July 1 2021
Indonesia’s Covid resurgence threatens recovery
P&C premiums were up by 4.2% in the first four months of the year.
