Country: Asia Pacific Page 247 / 491
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- July 26 2021
Berkley Re Asia chief adds Australia CEO role to mandate
Glen Riddell is expected to assume the dual role before the end of the year.
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- July 26 2021
Generali’s Leonardi on Malaysia M&A and the evolution of distribution
The Hong Kong-based Asia head says there is a greater demand for digitalisation and innovation.
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- July 26 2021
Central Re keeps positive underwriting result, eyes overseas expansion
The Taiwan-based reinsurer is set to continue expansion into Europe, the Middle East and South-East Asia.
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- July 26 2021
Henan’s heavy flooding triggers over US$800m of claims
Typhoon In-Fa expected to bring even more problems in the coming days.
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- July 26 2021
China Re expects large profit increase in first half
The Chinese reinsurance player noted that it has seen improved underwriting earnings overseas.
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- July 26 2021
Korea’s FSC gives three insurers more room to play in regulatory sandbox
Toss, DB and NongHyup Life Insurance to enjoy greater flexibility for online sales and marketing.
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- July 26 2021
Indian insurtech Policybazaar to raise US$870m in IPO: reports
The online aggregator could be worth up to US$5bn as the sector benefits from the digital economy.
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- July 26 2021
Asia H1 2021 nat cat losses 28% higher than 10-year average
Insured losses in Asia Pacific totalled US$5bn during January to June, up from US$3.9bn average.
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- July 23 2021
Marsh maintains strong Asia growth momentum in Q2
Broker's 10% revenue rise in the region is an increase over 8% in the first quarter.
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- July 23 2021
IAG expects FY 2021 net loss of A$427m
The Sydney-based giant indicates it made A$33m profit in H2 of the fiscal year ending June 30.
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- July 23 2021
Steadfast takes majority stake in Northern Territory broker
Deal for AFA Insurance Brokers is a "stepping stone" into the NT, said Steadfast CEO Robert Kelly.
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- July 23 2021
Asia’s renewable projects poised to squeeze capacity
The region is set for US$200bn of investment in wind farms over the next five years and often in nat cat prone areas.
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- July 23 2021
Chin Feng set to leave Aon Hong Kong — sources
IAN understands the director will leave the broker in September.
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- July 22 2021
Canterbury flood claims surpass US$30m
The May 29-June 1 flooding has been described as a ‘one in 200-year event’ by a climate scientist.
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- July 22 2021
Asia’s ‘hard’ financial lines market to continue
Markel's Simon Moi said there has been a "flight to quality" in a Lloyd's webinar.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 21 2021
China’s Henan province sees ‘thousand-year’ floods
Ping An P&C has already received 13,000 claims and that number is expected to rise sharply.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 21 2021
Lloyd’s market ‘underweight’ in terms of APAC capital
Asia Pacific regional director Iain Ferguson points to facultative reinsurance as an area of growth.
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- July 21 2021
Malaysia’s P&C market heats up as Liberty bags AmGeneral
The US$540m deal comes on the heels of Generali buying Axa Affin General Insurance.
