Country: Asia Pacific Page 223 / 510
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- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
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- May 25 2022
Shine comes off Asia insurance growth: Allianz
Asia P&C grew by just 1.4% in 2021, compared to 6.3% globally.
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- May 25 2022
Tokio Marine opens new Canadian unit
The insurer has by far the largest global footprint of any of its Japanese peers.
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- May 24 2022
Markel bolsters Asian underwriting capability with new hire
James Guardino will work with the global trade credit and political risk team.
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- May 24 2022
BMS taps WTW for new chairman in Asia
Ted Hodgkinson will remain with WTW until November in order to help with the transition.
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- May 24 2022
Taiwan’s Covid-19 claims may exceed US$1.38bn: report
About 7.6 million COVID-19 policies had been sold by non-life insurance companies in Taiwan.
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- May 24 2022
FWD gets go-ahead for Hong Kong IPO: report
The firm still hasn’t decided when to list, but it is expected to do so shortly.
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- May 24 2022
Profits up 48% as Japanese insurers rebound
Japan’s big three benefit from lower nat cat losses in Japan and rate increases internationally.
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- May 23 2022
Aon’s former APAC CEO joins Catalina as regional head of distribution
The appointment is part of a restructuring of the firm's global leadership.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 23 2022
Asian firms reach for cyber analytics tools as hard market makes cover more costly
With rising rates optimising insurance cover is essential.
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- May 20 2022
Kenny Pang returns with CEO role at Asia-Pacific Property & Casualty Insurance
The executive left Tugu's Hong Kong operations in February.
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- May 20 2022
South Korea’s non-life players see underwriting profit boost
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
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- May 20 2022
Talent vital to Singapore’s position as insurance hub: MAS chief
Singapore's ability to retain talent took a hit during Covid-19 restrictions.
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- May 20 2022
Beijing Nova Insurance signs deal with Towngas
The firm is an associate of Hong Kong broker Nova Insurance.
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- May 20 2022
Swiss Re still open to Paytm partnership
A potential tie-up remains possible despite the collapse of Paytm’s Raheja QBE acquisition.
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- May 19 2022
Chubb appoints Australia, New Zealand head of distribution
The head of major accounts is starting the role on July 1.
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- May 19 2022
QBE and MS First Capital are liable for the BI claim from Phuket resort: report
This is believed to be the first such ruling on the interpretation of BI clauses in Singapore.
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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
