Country: Asia Pacific Page 238 / 492
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- September 22 2021
Asia non-life premiums up 10% in 2021
Despite motor reforms in China the region’s overall growth is recovering strongly.
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- September 21 2021
Wefox reinforces executive team with Zurich hire
New chief insurance officer Peter Hubert previously held senior roles in Singapore and Indonesia.
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- September 21 2021
Bolttech raises another US$30m via Mundi Ventures and EDBI
The global insurtech adds to its record breaking Series A funding with two more investors.
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- September 21 2021
New Zealand’s FMG appoints Suncorp exec as CEO
Adam Heath is set to start on December 20 and is replacing outgoing chief executive Chris Black.
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- September 21 2021
GIC Re’s underwriting losses remain the elephant in the room
The reinsurer has been overly reliant on investment returns to turn a profit.
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- September 21 2021
ICA eyes cost of SME commercial lines
Outgoing National Insurance Brokers Association head Dallas Booth will lead a new advisory council.
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- September 20 2021
Cosco Shipping’s captive to see steady premium growth: AM Best
The captive benefits from low distribution costs for group-related business and a favourable reinsurance environment.
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- September 20 2021
Australia’s brokers to continue MGA expansion
Steadfast, Howden and the AUB Group have been increasing their presence but face more regulatory scrutiny.
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- September 20 2021
Zurich mulls GI asset sale in Australia – report
Bloomberg says the disposal could raise a "few hundred million dollars" for the Swiss insurer.
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- September 20 2021
Prudential to raise nearly US$3bn to boost Asia growth
The London-based insurer says it is particularly focused on China, India, Hong Kong, Indonesia and Thailand.
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- September 17 2021
Samsung Re gets group captive boost: AM Best
The reinsurer is mainly focused on South-East Asia and India as GWP neared US$80m in 2020.
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- September 17 2021
End of Covid stimulus threatens trade credit market
Low claims environment expected to reverse as pandemic relief measures unwind.
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- September 17 2021
Q&A: Swiss Re Corporate Solutions’ Vanessa Priede
International programs are becoming increasingly popular.
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- September 16 2021
India seeks US$100bn plus valuation for LIC – report
The government is considering selling a 5-10% stake in the life insurance player.
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- September 16 2021
Digital ecosystems boost Asia’s insurtech space: CapGemini
The consultancy firm says Ping An has earmarked US$14.5bn for research and development over the next decade.
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- September 16 2021
Scor targets ‘best market dynamics in a decade’
Reinsurance margin enhancement offers opportunities in fast-growth markets such as Asia.
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- September 16 2021
Asia medical malpractice, clinical trials cover primed to grow
Newline Asia experts tell Lloyd's webinar that some claims costs are up 62% over the last nine years.
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- September 15 2021
February’s Fukishima earthquake claims rise to US$1.88bn: GIAJ
The industry association says the event has resulted in over 213,000 claims so far and has cost insurers nearly US$2bn.
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- September 15 2021
Hero Insurance Broking gains reinsurance licence — report
Hero Enterprise chairman Sunil Munjal says the broker wants to offer lines such as manufacturing and employee benefits.
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- September 15 2021
Renewable energy risks climb in Asia: Lloyd’s webinar
Solar and wind farms are more susceptible to nat cats than traditional forms of energy.
