Country: Asia Pacific Page 228 / 492
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 30 2021
Lockton New Zealand appoints former WTW exec as CEO
Peter Lowe has joined the global broker in Auckland this week.
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- November 30 2021
Malaysia takaful premiums show strong H1 growth: MTA
Despite Covid-19 challenges, the family takaful market — which includes life — saw 46.7% annual premium growth to US$1.1bn.
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- November 30 2021
Guy Carpenter’s Gallagher sees ‘more stable’ renewals
The Asia CEO expects a focus on poor performing programs where the nature of the exposure has changed.
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- November 29 2021
WTW taps Zurich exec as Asia casualty head
Hong Kong-based Ben MacCarthy starts in December amid a string of senior regional appointments at the global broker.
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- November 29 2021
Reinsurance broker Richmond expands into Taiwan
Taipei-based Kevin Kuo has been appointed CEO of the new subsidiary ahead of the January 2022 renewals.
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- November 29 2021
Mitsui takes majority control of Pana Harrison (Asia)
The Singapore-based (re)insurance broker will change its name to Mitsui Bussan Pana Harrison.
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- November 26 2021
APRA to look for ‘evidence’ on risk management controls
APRA deputy chair Helen Rowell wants boards and senior management to avoid "mistakes of the past".
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- November 26 2021
QBE linked to Zurich’s Australia GI operation – report
A report in The Australian suggests any deal could be worth around US$350m.
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- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
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- November 26 2021
Rising tide lifts Asia’s share of marine premiums
China will soon overtake Greece as the biggest owner of marine vessels.
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- November 26 2021
Insurtech Profile: Hong Kong’s Ignatica eyes organic growth
It provides solutions for over 30 types of products across life, P&C, individual and group insurance.
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- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
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- November 25 2021
Indonesia’s Wahana Tata faces Covid rules hit: Fitch
The insurer's COR averaged at 97% between 2018-20 due to reduced motor claims following travel restrictions.
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- November 25 2021
Sri Lanka’s P&C players face motor fee burden
Fitch report says a government charge on vehicles involved in traffic accidents may have to be reimbursed by insurers.
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- November 25 2021
Axis Re’s Les Loh talks capacity and shifting risks
The firm's APAC president says more premium needed in the system after large China flood losses.
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- November 25 2021
New Zealand’s Tower sees net profit climb 72% in FY2021
The frequency of large house claims, predominantly driven by fires, continued to increase in the second half of the year.
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- November 24 2021
Taiwan’s non-life players benefit from benign nat cat experience
P&C insurers have recorded a five-year average net combined ratio of 95.6%, according to AM Best.
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- November 24 2021
Q&A: Swiss Re’s Even on parametric solutions, accountability
Hong Kong-based analytics expert flags how AI can promote fairness and accountability in underwriting.
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- November 23 2021
Lloyd’s launches retail parametric cyclone cover for Northern Australia
The initiative is led by Beazley with initial reinsurance support from Axa XL, Hiscox and RenaissanceRe.
