Country: Asia Pacific Page 238 / 510
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- February 4 2022
Chubb ups stake in China’s Huatai to 86.1%
The US insurer is bolstering its presence in the second largest insurance market in the world.
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- February 4 2022
LIC IPO could fetch US$8.84bn
The government has revised its divestment target for this fiscal year, hinting at LIC's expected IPO size.
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- February 4 2022
Pace of Asia price rises continued to slow in Q4: Marsh
Financial and professional lines accounted for the majority of price increases.
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- February 3 2022
Q&A: Swiss Re Corporate Solutions’ Jonathan Rake
The APAC chief executive on recovery, secondary perils and alternative risk transfer.
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- February 3 2022
Asia cat modelling ripe for insurtech funding
After recent fundraisings at Reask and Descartes Underwriting, expect more over the next 12 months.
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- February 3 2022
Taiwan non-life profits up 33%
Demand for health insurance drove strongest premium growth in more than a decade.
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- February 1 2022
New Aussie reporting rules may challenge cyber insurance
Insurers will have to split out their cyber data as part of IFRS 17 reforms – but this may not be so easy.
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- January 31 2022
HKIA fines insurers US$900,000 for regulatory failures
Metlife and Metropolitan Life in Hong Kong broke anti-money laundering and counter-terrorism rules.
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- January 31 2022
Descartes Underwriting eyes Hong Kong after US$120m raise
The parametric specialist is also seeking to expand its Singapore and Sydney hubs.
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- January 31 2022
Vietnam’s PTI underwriting risks to grow: AM Best
The P&C player has had a favourable loss ratio but high expense ratio amid a GWP slowdown.
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- January 31 2022
China reports 58% surge in motor cover
As the amount being insured has risen, premiums have fallen by 5.7% - a positive for the market.
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- January 31 2022
io.insure start-up launches online M&A insurance marketplace
The Australian insurtech is promising 24-hour turnaround for deals valued less than US$100m.
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- January 28 2022
Marsh APAC revenues climbed 38% in 2021
Broker saw APAC revenues hit US$1.46bn with 9% underlying growth, as India deal bolsters Q4.
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- January 28 2022
Talbot Singapore appoints APAC head of fine art & specie
Matthew Stock joins from Chubb and has relocated from Sydney to Singapore.
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- January 28 2022
Malaysia targets insurtech in new plan
The central bank’s Financial Sector Blueprint envisages new digital licences by 2023.
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- January 27 2022
Prudential in strong position as it focuses on Asia, Africa: Fitch
Annualised premium equivalent sales of the Asian and African businesses saw 17% growth in H1 2021.
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- January 27 2022
Generali to take majority control of India JVs
Italian giant set to own 74% of Future Generali India and up to 71% of Future Generali Life.
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- January 27 2022
Thai Group seeks to close Covid-hit Southeast Insurance
With the emergence of Omicron, the insurer sees no respite from a mountain of Covid claims.
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- January 27 2022
Suncorp and Chubb linked to Zurich’s Australia GI division: report
It is understood the two potential buyers have reached the final stage of an auction.
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- January 27 2022
India seeks cat bond framework
(Re)insurers looking to capitalise will likely need to be based in the Gift financial hub.
