Country: Asia Pacific Page 244 / 510
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- December 20 2021
Omicron threatens reinsurance outlook
Sudden and virulent emergence of the new variant is weighing on sector forecasts.
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- December 17 2021
Tugu Re’s CR up on overseas, health claims: Fitch
The reinsurer's non-life combined ratio increased to 107.5% by the end of September after averaging 105.2% between 2018-20.
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- December 17 2021
Nat cat toll shows no sign of slowdown
Insurers hit by US$105bn losses in 2021, making it the fourth worst year on record.
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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 16 2021
China’s insurers ready for C-Ross roll out: Fitch webinar
The new solvency framework comes in to force in January 2022.
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- December 16 2021
Australia’s cyclone risk pool a first step
The US$7bn reinsurance scheme needs to be backed up by other initiatives to address a rapidly changing risk environment.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 15 2021
Suncorp’s premium growth offsets high nat cat costs: Fitch
The Australian giant has had an average combined ratio of 94% over the past three years.
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- December 15 2021
IAG’s Hawkins to become next ICA president
IAG chief executive to replace QBE's Sue Houghton atop the Insurance Council of Australia in January.
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- December 15 2021
China’s P&C market to see low single-digit growth in 2022: Moody’s
Motor pricing reform continues to affect premium growth in China.
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- December 15 2021
Vietnam courts foreign insurance capital
Clarified ownership rules and government divestment plans have created new opportunities.
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- December 14 2021
Alex Yip becomes Hong Kong CIB chairman
The Lockton Greater China chief executive takes over from Patrick Chan.
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- December 14 2021
FWD to raise US$1.4bn via private placement
Investors reportedly include Swiss Re as the life insurer moves planned IPO from NYSE to Hong Hong.
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- December 14 2021
Swiss Re’s Victor Kuk on partnerships, claims and automation
The head of P&C reinsurance for South-East Asia, India, Hong Kong, Taiwan and South Korea, looks ahead to 2022.
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- December 14 2021
Fixing reinsurers’ big data problem
A more open ecosystem approach to data is urgently needed to expand the universe of insurable risk in Asia.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
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- December 13 2021
Late October Australia storm cost insurers US$740m: Perils
For the state of South Australia the event could be one of the costliest natural catastrophes ever.
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- December 13 2021
China’s insurers embrace digital to cut costs
Online competition is heating up as motor reforms, Covid-19 and a looming property crisis hit home.
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- December 10 2021
New Zealand’s July storm bill hits US$96m: ICNZ
The association said this figure is a 15% increase from its previous report in September.