Country: Asia Pacific Page 240 / 491
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- September 7 2021
HDFC Life agrees US$915m deal to buy Exide Life
The acquirer says the two firms have a “complementary geographical presence".
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- September 7 2021
Korea’s P&C space to see accelerated digital transformation: Fitch
Carrot General Insurance recently rolled out a pay-per-mile plan for electric vehicles.
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- September 7 2021
Chaucer helps China Re fend off domestic slowdown
The specialty subsidiary saw strong premium growth as the reinsurer's motor business stalled at home.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- September 6 2021
Lockton launches New Zealand operations
Former WTW execs Melanie Harding, Jessica Schade, Niall Martin and Ged McCombie take on leadership roles.
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- September 6 2021
CBIRC issues draft insurance guidelines: report
The regulator is seeking public comment on proposed rules to decrease financial risks amid heightened industry oversight.
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- September 6 2021
Sompo Japan improves at home but overseas profits hit
The P&C player's overseas business was adversely impacted by the Covid-19 pandemic.
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- September 6 2021
Thailand insurtech Sunday raises US$45m
The funding will be used to expand in Indonesia and develop new distribution channels.
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- September 6 2021
Indonesia’s disaster pool highlights need for government intervention
Accessing reinsurance markets collectively gives state entities economies of scale.
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- September 3 2021
Former FM Global Asia leader takes on global client role
David Johnson assumes chief client experience role as Lyndon Broad takes on underwriting, reinsurance functions.
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- September 3 2021
Asia’s P&C reinsurers rise in global ranking
China Re has surpassed Lloyd’s in AM Best's reinsurer Top 50 list.
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- September 3 2021
Aon ups stake, takes over Indian broking JV
The global player returned to India in December 2020 by teaming up with Anviti Insurance Brokers.
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- September 3 2021
Asia’s intangible assets need better risk management: Lloyd’s webinar
Antares underwriter Mark Waters says investors are increasingly looking for better protection.
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- September 2 2021
China Railway’s captive saw US$89m GWP in 2020: Moody’s
The rating agency notes that the insurer's combined ratio rose to 91% in 2020 from 75% the previous year.
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- September 2 2021
Singapore broker g&m acquires Anda from Marsh
The P&C player says it will continue to seek out suitable acquisition opportunities.
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- September 2 2021
Asia’s debt burden heightens political risk: Lloyd’s webinar
Insurers warned that economic conditions are set to determine the claims environment in the years ahead.
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- September 2 2021
Australia’s Open raises US$23m amid overseas push
The Sydney-based insurtech plans to launch in New Zealand and the UK by mid-2022.
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- September 2 2021
South Korea’s P&C profits under pressure as social distancing eases
Non-life income has increased by 47.5% in H1 2021 but higher loss ratios are forecast.
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- September 1 2021
Taishan P&C investments help neutralise underwriting losses
The insurer's non-motor book, excluding agriculture, posted a combined ratio of 114% last year.
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- September 1 2021
HKIA signs fintech MoUs with China and Macau
The agreement is part of a wider integration push across the Greater Bay Area promoting financial connectivity.
