Country: Asia Pacific Page 248 / 491
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- July 21 2021
Digital insurers lead return to growth in India
Figures for H1 2021 show an uptick of 14% compared to last year.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- July 20 2021
IAG appoints Zurich’s Tim Plant as chief insurance & strategy officer
Justin Delaney to replace Plant as head of Zurich's Australia and NZ general insurance operations.
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- July 19 2021
APRA asks general insurers to self-assess amid BI concerns
The regulator wants insurers to review the soundness of their risk management frameworks.
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.
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- July 19 2021
India seeks advisors for LIC’s blockbuster IPO
The country's largest life insurer posted record new business premiums of US$24.4bn for FY 2020/21.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 19 2021
SE Asia supply chains face delta variant disruption
Standalone pandemic coverage and parametric triggers seen as possible de-risk solutions.
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- July 16 2021
China sees 5.2% premium growth in H1 2021
CBIRC figures show total premium income hit US$449bn by the end of June.
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- July 16 2021
Fairfax ownership to bolster Singapore Re: Fitch
The reinsurer is being taken private by the Canadian giant in a US$155m deal.
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- July 16 2021
Labuan pushes digitalisation and inclusion
(Re)insurers in the Malaysian financial hub saw GWP rise 6.7% to US$1.6bn in 2020.
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 16 2021
Asia’s non-life sales pass US$100 per person for first time
General insurance density in the region (ex-Japan) also rose almost 10% in 2020.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- July 15 2021
Axa XL appoints Singapore country manager
Internal appointee Sylvie Gleises starts September 1 to replace the departing Kevin Leong.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
