Country: Asia Pacific Page 236 / 531
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- July 18 2022
Suncorp sells banking arm to ANZ for US$3.34bn
Suncorp will become a "dedicated" insurance business when the transaction completes.
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- July 18 2022
PartnerRe acquisition gives Covéa Asia platform
With US$600m in Asian premiums the French mutual can capitalise on fast-growing markets.
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- July 18 2022
DB Insurance benefits from underwriting improvement: AM Best
The Korean firm's five year average COR is the lowest among its domestic peers.
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- July 15 2022
Hong Kong’s Target placed into liquidation by HKIA
The taxi insurer ran into trouble at end of 2021 as HKIA's CEO says there's "room for improvement" in the market.
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- July 15 2022
WTW promotes Iris Chan to lead Hong Kong broking arm
Chan will also continue in her role as director of construction for Hong Kong and Macau.
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- July 15 2022
Australian renewals impacted by capital requirements
Gallagher Re's Cameron Green explains why buy-downs by insurers are still so popular.
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- July 15 2022
Chubb appoints joint leaders of consumer division, Australia & New Zealand
Amy McKellar and Michelle O’Dowd will report to country president Peter Kelaher.
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- July 15 2022
Taiwan’s GI market to hit US$9.6bn GWP in 2026: GlobalData
Growth to be driven by property, health insurance and a recovery in new vehicle sales.
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- July 14 2022
Lockton Singapore names Deborah Thomasz as specialties lead
Thomasz has switched roles at the global broker.
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- July 14 2022
Chinese insurtech sector lures capital but not returns
Funding hit record high in Q1 despite underperformance of listed players.
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- July 14 2022
India to help spur global premium growth: Swiss Re
India is on course to be the sixth largest insurance market in the world by 2032.
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- July 14 2022
Australia’s PM unveils climate plan as NSW flood claims approach US$100m
Anthony Albanese highlights large scale renewable energy plan, as over 12,000 claims lodged from recent flooding.
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- July 14 2022
Liability and health books are growth drivers of China’s non-life market: Fitch
Non-motor lines have increased by 10.7% in the first five months of 2022.
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- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
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- July 13 2022
Insurtech wefox raises US$400m, targets Asia by end of 2024
The firm is now valued at over US$4.5bn after another fundraise.
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- July 12 2022
IAG joins UN’s Net-Zero Insurance Alliance
The membership now represents close to 15% of the world’s premium volume.
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- July 12 2022
Gallagher acquires Australia’s National Insurance Group
The deal will open up the broker's geographic reach in Victoria’s Surf Coast.
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- July 12 2022
Beazley appoints financial lines underwriter in Singapore
Harriet Monro most recently worked in the Lion City at WTW as an associate director.
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- July 12 2022
China’s regulators issue draft rules on ‘systemically’ important insurance groups
The evaluation scope includes scale, correlation, asset realisation and substitutability.
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- July 12 2022
NSW claims rise to US$83m in latest flooding disaster
Over 10,500 claims have been lodged with insurers already, said the ICA.
