Country: Asia Pacific Page 222 / 510
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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
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- May 30 2022
Are Asian insurers doing enough to prepare for climate liability?
A Philippines inquiry finds companies liable for climate change - insurers should take note.
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- May 27 2022
Sompo joins Net-Zero Asset Owner Alliance
The firm also has a renewable energy business in order to help customers with their carbon commitments.
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- May 27 2022
Axa XL announces new HK client distribution leader
Herbert Cheung will report to Jamie Chambers, country manager of Hong Kong.
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- May 27 2022
Howden gains approval to take control of India unit
By upping its Indian stake, Howden follows in the footsteps of other global brokers such as Aon, Gallagher and WTW.
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- May 27 2022
Australia’s general insurers saw US$303m loss at start of year
The devastating floods in February and March sparked an increase in claims.
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- May 26 2022
Chubb appoints new financial lines head in Australia
Financial lines and cyber are key areas of focus for the insurer.
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- May 26 2022
Senior PICC exec dismissed for misconduct and bribery: report
Shen Dong is expected to be charged with embezzlement and bribery.
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- May 26 2022
India’s Digit Insurance seeks US$500m IPO: report
The company plans to file its prospectus to the market regulator by September.
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- May 26 2022
Prudential names Manulife Asia head as its new group CEO
This is the first time that the UK insurer has based its CEO in Asia.
