Country: Asia Pacific Page 229 / 517
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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.
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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.
