Country: Asean Page 86 / 155
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- March 18 2021
Singapore’s 2020 P&C underwriting profit hits US$177m
GIA data shows specialty lines fell to a US$20m loss although GWP was up 10% to US$590m.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 11 2021
Insurtech Profile: Igloo
Company founder and CEO Wei Zhu tells IAN the cloud-based micro-insurer is eyeing an acquisition in one of its existing markets.
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- March 8 2021
Indonesia’s takaful market hit 7% market share in 2020
A Fitch report says that life sales still dominate the sector while noting that prospects remain healthy for 2021.
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- March 8 2021
Indonesia in recovery mode after 4% premium fall
Data for December shows strong rebound for the country's P&C sector.
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- March 5 2021
Singapore’s Symbo targets India after US$9.4m fundraise
Insurtech to make senior hires after attracting new investors from China and the US.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- March 3 2021
Cramér Manhem to oversee SiriusPoint’s Asia operation
The executive will oversee the specialty (re)insurer's regional operations after the Third Point Re/Sirius deal closed recently.
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- March 2 2021
Myanmar cargo rates unchanged despite protests: source
An Asia-based marine broker told IAN that Lloyd's is unlikely to designate the country as a listed area.
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- March 1 2021
Scor P&C’s Spichtig sees ‘momentum’ in reinsurance demand
The Singapore-based executive discussed the firm's Asia strategy and highlighted agriculture and renewable energy as key areas.
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- February 26 2021
Malaysia’s general market fell by 3.6% in H1 2020
Malaysia Re report notes that motor insurance, which represents 47% of the market, saw the worst decline.
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- February 25 2021
Axa posts robust 2020 Asia results
CEO Thomas Buberl plans Axa XL turnaround after US$1.7bn global loss.
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- February 24 2021
Aegon exploring Asia life operations sale: report
Transamerica Life Bermuda targets high net worth individuals in Singapore and Hong Kong.
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- February 23 2021
MAS investment revisions to exclude SPRVs
The regulator is also seeking feedback on a wide range of risk management questions.
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- February 22 2021
Allianz Asia 2020 GWP hits US$9bn
China and Malaysia were standouts as regional profits climbed to US$668m.
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- February 19 2021
Philippines sets Q1 target for nat cat facility
Domestics insurers are currently forced to look overseas for reinsurance.
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- February 18 2021
Indonesia P&C GWP to hit US$5.2bn by 2025: GlobalData
While 2020 saw a 4.6% decline due to Covid-19 restrictions, a recovery is expected this year.
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- February 18 2021
Munich Re confirms South-East Asia and digital L&H leaders
Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer.
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- February 11 2021
Philippines exploring additional regional catastrophe risk pools
The government has tried — and failed — to launch a reinsurance scheme to cover state assets.
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- February 11 2021
Thai regulator revises CAR for local insurers: report
The credit rating of foreign bonds has also been changed to facilitate more overseas investment.
