Country: Asia Pacific Page 225 / 492
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- December 21 2021
CBIRC’s new broker regs open door for foreign firms
The regulator has removed a minimum asset requirement of US$200m among other changes.
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- December 20 2021
Sompo hands group CEO additional chairman role
Kengo Sakurada will assume the two top roles at the Japanese insurer effective April 1, 2022 with Mikio Okumura becoming president.
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- December 20 2021
Allianz Malaysia appoints new chief executive
Sean Wang will replace the outgoing Zakri Khir who is retiring at the end of the year.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- December 20 2021
Omicron threatens reinsurance outlook
Sudden and virulent emergence of the new variant is weighing on sector forecasts.
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- December 17 2021
Tugu Re’s CR up on overseas, health claims: Fitch
The reinsurer's non-life combined ratio increased to 107.5% by the end of September after averaging 105.2% between 2018-20.
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- December 17 2021
Nat cat toll shows no sign of slowdown
Insurers hit by US$105bn losses in 2021, making it the fourth worst year on record.
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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 16 2021
China’s insurers ready for C-Ross roll out: Fitch webinar
The new solvency framework comes in to force in January 2022.
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- December 16 2021
Australia’s cyclone risk pool a first step
The US$7bn reinsurance scheme needs to be backed up by other initiatives to address a rapidly changing risk environment.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 15 2021
Suncorp’s premium growth offsets high nat cat costs: Fitch
The Australian giant has had an average combined ratio of 94% over the past three years.
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- December 15 2021
IAG’s Hawkins to become next ICA president
IAG chief executive to replace QBE's Sue Houghton atop the Insurance Council of Australia in January.
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- December 15 2021
China’s P&C market to see low single-digit growth in 2022: Moody’s
Motor pricing reform continues to affect premium growth in China.
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- December 15 2021
Vietnam courts foreign insurance capital
Clarified ownership rules and government divestment plans have created new opportunities.
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- December 14 2021
Alex Yip becomes Hong Kong CIB chairman
The Lockton Greater China chief executive takes over from Patrick Chan.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- December 14 2021
Swiss Re’s Victor Kuk on partnerships, claims and automation
The head of P&C reinsurance for South-East Asia, India, Hong Kong, Taiwan and South Korea, looks ahead to 2022.
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- December 14 2021
Fixing reinsurers’ big data problem
A more open ecosystem approach to data is urgently needed to expand the universe of insurable risk in Asia.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
