Country: Asia Pacific Page 220 / 509
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- June 6 2022
Asian insurers unworried by inflation, survey finds
Goldman Sachs says that rising prices are not seen as a serious risk in the region.
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- June 3 2022
Peak Re issues Hong Kong’s second cat bond, valued at US$150m
The bond is linked to typhoon risk in Japan and will help further develop Hong Kong's ILS market.
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- June 3 2022
Chubb partners with JA Assure to launch online SME cyber platform
Haxsafe is available in Hong Kong, Singapore and Malaysia.
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- June 3 2022
Axa XL’s Brooklyn Underwriting appoints new acting head
Scott Jerome replaces Tim Fairbrother, who has resigned.
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- June 3 2022
Australian floods: modellers struggle with ‘a single consistent view of risk’
Flood risk has become a major catastrophic burden for the Australian market, highlighting the importance of accurate modelling.
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- June 2 2022
Singapore Reinsurer’s Association announces new Executive Committee
The membership confirmation follows their first in-person AGM in three years.
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- June 2 2022
Malaysia’s Tune Protect appoints Jubin Mehta as chief executive
Mehta will help develop Tune Protect as a "technologically progressive organisation".
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- June 2 2022
Former president of PICC P&C under investigation
Zhiyong Lin is suspected of a serious violation of discipline and law.
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- June 2 2022
Aussie flood estimates rise by 28%: ICA
Estimates of insured losses now top US$3 billion, with claims at 216,465.
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- June 2 2022
Asian captives lack strategic direction for dealing with cyber
Brokers and (re)insurers are advocating for a more structured approach to the captive model.
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- June 1 2022
Hong Kong’s insurers saw 144% underwriting profit surge in Q1: HKIA
The net premium of the general insurance business was US$1.53 billion in Q1.
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- June 1 2022
Axa’s China P&C unit adopts new AI pricing system
The firm will become the 13th Axa entity and the first Chinese insurer to use the technology.
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- June 1 2022
FWD postpones Hong Kong IPO: report
The insurer may resume listing plans when market conditions improve.
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- June 1 2022
Howden India: “We will keep our ears and eyes open to M&A opportunities”
Acquisition of full ownership by foreign brokers heralds a coming wave of consolidation.
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- May 31 2022
Allianz GI China JV insufficiently capitalised for growth: Fitch
The firm's solvency ratio has fallen from 320% to 200%.
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- May 31 2022
HKIA struggles with staff shortages: report
The regulator lost 16% of staff last year, according to Stephen Yiu.
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- May 31 2022
Jebsen appoints Cindy Yu as new insurance head
A number of new staff will also be joining JIB to strengthen the team.
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- May 31 2022
Despite a hardening market in Asia, DLT is still not catching on
Cultural resistance is one of the obstacles standing in the way of wider adoption.
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- May 30 2022
WTW boosts corporate risk and broking team in India
Rajiv Kumar is named head of business and operations whilst Prabha Chokhani becomes head of broking and placements.
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- May 30 2022
India hikes third party motor liability premiums
This is the first such rise in two years and will feed into the overall cost of insuring vehicles
