Country: Asia Pacific Page 232 / 510
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- March 18 2022
Ping An profits down after ‘complex and difficult’ year
Overall net profits fell 29% but P&C GWP growth picked up 8.7% in Q4 2021.
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- March 18 2022
Delta taps Allianz for new general manager in Australia
The MGA hopes to bring on board its first Australian clients later this year.
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- March 18 2022
New Zealand introduces nat cat Bill for disaster response
The move helps clarify the current Earthquake Commission Act and takes lessons from 2010-11.
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- March 17 2022
MS Amlin expands in Singapore with two appointments
The Lloyd's syndicate has hired from Willis Re and promoted a claims specialist from Malaysia.
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- March 17 2022
Generali grows APAC P&C book by 16.3%
The Italian giant is expanding in India and Malaysia.
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- March 17 2022
Suncorp sees 34,000 flood claims, ups nat cat allowance
The group is forecasting a net retained loss of US$54m as it seeks recoveries from reinsurance.
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- March 17 2022
Vietnam GI market to reach US$3.5bn in 2026: GlobalData
The South-East Asian economy is set to see increasing amounts of cumpulsory insurance.
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- March 17 2022
AGCS targets 10% GWP growth in Asia: global CFO
The specialty player is exploring new partnerships in the region, says Claire-Marie Coste-Lepoutre.
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- March 16 2022
PSC in talks to acquire Hong Kong specialty broker: sources
The Australian group already owns three brokers in the territory.
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- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
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- March 16 2022
Claims dent profits at HK insurers
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
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- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
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- March 15 2022
Markel targets US$100m GWP in Asia
Simon Wilson, president of the firm's international arm, has articulated future plans.
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- March 15 2022
Gallagher rebrands in India, eyes Asia expansion
US broker is in "advanced discussions with potential acquisitions” in the region.
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 14 2022
Flood claims hit US$1.5bn: ICA
Over 135,000 claims have been received from south-east Queensland and New South Wales.
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- March 14 2022
Chinese insurers face US delisting
China Life among firms that could be kicked off US stock exchanges amid audit dispute.
