Country: Asia Pacific Page 237 / 492
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- September 29 2021
Cover Genius: Sompo Asia leads US$72m Series C round
The Sydney-headquartered insurtech says GWP has tripled over the last six months.
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- September 28 2021
NZ regulator takes swipe at credit card insurance
Financial Markets Authority says loss ratios are as low as 10% for the business line compared to 80% for health insurers.
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- September 28 2021
CBIRC wants mainland insurers to use HK as cat bond hub — report
The move comes soon after China’s Henan province saw devastating flooding in July.
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- September 28 2021
Taiping Re turnaround gives parent first half bump
Premiums and profits are up at both China Taiping and its reinsurance arm.
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- September 28 2021
MS Amlin acquisitions doubles MS&AD’s overseas business
The (re)insurer posted a US$380m underwriting loss due to Covid-related BI and event cancellation claims.
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- September 27 2021
Munich Re appoints head of casualty treaty in Asia
Michaela Hannemann will be based in Singapore and be responsible for Japan, India, South Korea and SE Asia.
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- September 27 2021
Delta Insurance appoints NZ liability, specialty manager
Adrian Sweeney will report to Dinesh Murali, CEO of the underwriting agency's NZ operations.
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- September 27 2021
NSW, Queensland floods loss estimate further revised downward
An initial A$1.06 billion hit has been lowered to A$751m.
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- September 27 2021
India should welcome Chinese investment in LIC
Rumoured plans to ban mainland investors from IPO risk turning the deal into a political hot potato.
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- September 24 2021
APRA flags insurance capital framework as key priority
The regulator has pushed policy initiatives such as new offshore reinsurance rules to 2022.
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- September 24 2021
Indonesia’s non-life market downgraded to ‘negative’
AM Best sees a rocky road ahead for P&C players amid a "weaker-than-expected" recovery from the Covid-19 pandemic.
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- September 24 2021
FWD posts NYSE IPO filing
The Hong Kong-headquartered pan-Asia life player is eyeing a potential US$13bn valuation.
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- September 24 2021
New Zealand insurers profitable despite nat cats
Report shows wildfires have also contributed to major claims along with heavy rainfall.
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- September 24 2021
Asia’s ILS market ‘not growing as fast as one would hope’
Fitch’s head of ILS says the market needs more issuance from the region.
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- September 23 2021
Flood insurtech Previsico raises US$2.5m
The insurtech tells IAN it is currently targeting China and Hong Kong in the Asia Pacific region.
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- September 23 2021
Aon appoints new Australia CEO
Head of specialties Jenifer Richards is replacing James Baum on October 1.
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- September 23 2021
Beazley appoints APAC art and specie underwriter
Alex Tiah will be based in Singapore and most recently worked at Howden.
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- September 23 2021
Sompo to buy Italian crop insurer
The acquisition of ARA 1857 is expected to close in Q1 2022.
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- September 23 2021
Dive In: Covid-19 pushed diversity and inclusion in Asia
This year's annual industry event is focused on ‘active allyship’ amid the ongoing pandemic.
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- September 23 2021
BHSI’s Breuil: ‘Data and analytics indissociable from underwriting’
The specialty player's regional head sees increased consolidation among both brokers and carriers.
