Country: Asia Pacific Page 234 / 510
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- March 4 2022
IAG hit with fresh lawsuits over Greensill collapse
New lawsuits bring amount claimed to an estimated US$218m.
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- March 4 2022
Flood claims in Queensland, NSW above US$650m: ICA
Over 60,000 claims have already been filed as the emergency continues.
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- March 4 2022
Rivals circle Axa’s S$150m motor business
After HSBC purchase, without a new bancassurance partner, competitors sense opportunity in the Lion City.
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- March 3 2022
FMG supported by pricing strategy, investment returns: AM Best
The rural insurer had positive underwriting results in the first nine months of FY 2022.
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- March 3 2022
Ukraine invasion heightens marine risk in Asia
Evolving sanctions and snap decisions by global giants mean (re)insurers are assessing their risks hourly.
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- March 3 2022
Reinsurers on alert as Australia flood claims projected to top US$1.45bn
The Queensland and NSW floods could become one of the costliest nat cats in the country's history.
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- March 3 2022
Philippine Covid claims reach US$324.5m: report
Covid payouts more than tripled in 2021 than in 2020.
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- March 3 2022
China will not impose sanctions on Russia: CBIRC
Head of the regulator Guo Shuqing believes such measures to be illegal and ineffective.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- March 2 2022
Claims top 30,000 as Australia floods worsen
NSW premier described the extreme weather as a 'one-in-a-1,000' year event.
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- March 2 2022
Ukraine crisis may force further hardening of Aussie cyber
Heightened threat constrains underwriting appetite.
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- March 1 2022
WTW makes two Singapore leadership appointments
Choo Oi San becomes country leader and Ludan Wang head of corporate risk and broking.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- March 1 2022
Axa Singapore to quit motor, commercial lines after HSBC purchase
Unit will continue to underwrite all life, wealth and health business, says new owner.
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- March 1 2022
Australian market counts cost of ‘unprecedented’ flooding
Parts of Queensland and NSW impacted, with Suncorp reporting US$54m of claims already.
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- March 1 2022
More government support needed for crop risk pools
Asian Development Bank official argues for market-based hybrid solutions.
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- February 28 2022
Gallagher Re taps Munich Re for Australia chief exec
Sydney-based Heather Bone will join the global broker on March 16.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 25 2022
Crawford appoints Nathan Hannah as Malaysia head
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
