Country: Asia Pacific Page 229 / 492
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- November 23 2021
WTW appoints Hong Kong and Macau leader
Ted Hodgkinson replaces Roger Steel who retired in September.
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- November 23 2021
Asia’s reinsurance brokers in data, analytics push
The region’s P&C insurers are demanding better and faster information to help hedge their growing, ever more complex risks.
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- November 22 2021
China Re’s underwriting result exposed to nat cats, motor reforms: AM Best
The reinsurer's domestic P&C business has been particularly impacted by deteriorating conditions in these two segments.
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- November 22 2021
Tokio Marine’s H1 profit boosted by rates, Covid rebound
Net written premiums in the group's international non-life business increased 14.6% to US$5.94bn.
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- November 22 2021
Sompo bumps profit target after H1 improvement
Global player increases net profit forecast by US$464m as Asia (ex-Japan) performance revised upwards.
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- November 22 2021
Indonesia’s non-life insurers see Q3 slump
Income fell by 16% during the third quarter after a Covid surge in July.
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- November 22 2021
Asia’s digital transformation needs the right tools
New technologies are redefining the traditional business of insurance meaning new skillsets are required.
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- November 19 2021
ASIC sues MLC Life over policy, service failures
The Nippon Life-owned insurer is accused of causing financial harm of nearly US$13m to over 260,000 customers.
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- November 19 2021
CPIC gets greenlight for Hong Kong life arm
The new long-term insurance player will be led by former HSBC insurance executive Candy Yuen.
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- November 19 2021
Q&A: Aon’s George Attard on growth, ILS and insurtech
The broker's APAC reinsurance chief expects to see new cat bond sponsors execute transactions over the next twelve months.
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- November 19 2021
Asia’s insurers set for inflation uplift
Claims will increase but rising prices and market growth will outweigh costs.
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- November 18 2021
KB Insurance’s underwriting boosted by fewer claims: AM Best
The firm is South Korea’s fourth-largest non-life insurer with a market share of around 13%.
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- November 18 2021
APAC insurers should curb coal to avoid legal threat: Moody’s
Climate change-linked lawsuits against companies in carbon intensive industries have increased in recent years.
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- November 18 2021
SIRC 2021: Can climate disasters be tamed?
Experts from Allianz Re, Aon, Descartes Underwriting and SEADRIF discussed the impact of floods, droughts and wildfires.
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- November 18 2021
SIRC 2021: Improved data opens door for better products
Aon, Swiss Re and Perils experts say past data sets need to be combined with new risk models.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 17 2021
SIRC 2021: Nature-based solutions offer long-term returns
Climate change mitigation could generate financial returns of up to US$25bn per year across Asia.
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- November 17 2021
US$22bn needed to protect coastal communities: ICA
The figure accounts for around 1.2% of all annual infrastructure spending by local, state and federal governments.
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- November 17 2021
AM RE’s Barder sees ‘significant tailwinds’ for 2022 pricing
The US reinsurance intermediary's chief executive says global cat losses have contributed to a lack of capacity.
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- November 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
