Country: Asia Pacific Page 189 / 492
-
- September 1 2022
Former China Life chairman Wang Bin found guilty of graft charges
Wang has been expelled from the party and public office and will face prosecution.
-
- September 1 2022
Australian east coast flood losses hit US$3.61bn: ICA
The government launches new body to improve nat cat responses as annual disaster costs expected at US$50bn by 2060.
-
- September 1 2022
Exclusive: AMTD Digital’s claims of Singapore insurer license bid unfounded
IAN understands that contrary to AMTD's US regulatory filing the Singapore regulator hasn't received any formal application from the proposed composite Applaud.
-
- September 1 2022
Opinion: Lloyd’s Asia to keep growing despite leavers
Opportunity knocks for the remaining syndicates who have been offsetting the departing capacity.
-
- September 1 2022
Hong Kong’s H1 GI underwriting profits rocket 134%
Reinsurance underwriting profit climbed from US$4.7m in H1 2021 to US$98.6m.
-
- August 31 2022
Generali unveils Malaysia CEOs after JV deals complete
Fabrice Benard will head Axa Affin General Insurance while Rebecca Tan will lead the life JV.
-
- August 31 2022
China Re’s Chaucer ‘actively’ explores non-Lloyd’s market as H1 GWP up 20%
Net profit at the group's P&C reinsurance business dived 56.1%.
-
- August 31 2022
Everest Re recruits Chubb veteran to boost ‘critical’ APAC region
Kevin Bogardus, former president of Chubb Singapore, tasked with building client and broker relationships.
-
- August 31 2022
Sompo International sells Endurance at Lloyd’s to RiverStone
The deal marks Sompo International's withdrawal from Lloyd's and consolidates its UK presence into a single platform.
-
- August 31 2022
Insurers still see Hong Kong as China gateway
The city remains an attractive base for insurers from the mainland and those looking to access it.
-
- August 31 2022
Beazley rolls out product recall offering in Asia
The business line will be led by Jae Pak, who has relocated to Singapore from the carrier's US office.
-
- August 30 2022
Moody’s downgrades Peak Re; changes outlook to negative
The rating action is a result of contagion risks to the carrier from parent Fosun's weakened credit profile.
-
- August 30 2022
Generali consolidates Malaysian presence after Axa JV buyout
The group now owns 53% of Axa Affin GI and 100% of MPI Generali Insurans and plans to merge them.
-
- August 30 2022
AIA’s Bonnie Tse takes charge as Blue Cross CEO
The appointment follows the completion of the carrier's acquisition of Blue Cross and Blue Care.
-
- August 30 2022
China Taiping’s domestic P&C arm sees H1 COR improve to 98.8%
Taiping Re's P&C division fell to an underwriting loss of US$21m.
-
- August 30 2022
Lockton rejects Adani’s Carmichael mine deal: report
The broker is the latest (re)insurance firm to distance itself from the controversial project.
-
- August 30 2022
Market face-off over risk pricing in Asia
Reinsurers blame ambitious broker expansion for driving down prices.
-
- August 29 2022
‘Unprecedented’ Pakistan flooding triggers US$10bn damage
Large P&C carriers such as Adamjee Insurance and United Insurance could see significant claims.
-
- August 29 2022
CPIC P&C combined ratio improves to 97.2% in H1 2022
P&C GWP saw a 12.3% increase driven by agriculture and health businesses.
-
- August 29 2022
APAC reinsurers may see rate hikes for 2023 renewals: AM Best
Regional carriers posted annual average net premium growth of 8.7% between 2017 and 2021.
