Country: Asia Pacific Page 253 / 491
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- June 15 2021
Victoria flood losses to rise as ICA reveals over 10,500 claims
Suncorp and IAG breach nat cat allowances as Insurance Council of Australia declares catastrophe.
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- June 15 2021
Markel eyes collaboration to boost Asia capacity
Sharing risk is key to providing more local capacity for specialist classes, regional head tells IAN.
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- June 15 2021
Lloyd’s HK representative to take on Asia markets role—sources
IAN understands that Thomas Haddrill is set to start his new role in Singapore on July 1.
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- June 15 2021
Philippine insurance authority seeks comment on agriculture PPP
Insurers would need to reinsure a minimum of 10% of the risk with Nat Re.
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- June 14 2021
Olympics ‘too big to fail’ for specialty contingency market
Estimates have put the total figure for a Tokyo washout at US$3bn.
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- June 14 2021
Nat Re underwriting profits rise on lower non-life losses
AM Best report notes the reinsurer maintains a moderate dependence on retrocession.
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- June 14 2021
Sri Lanka’s non-life market to veer away from motor
Fitch analyst tells IAN a vehicle import ban has created a shift toward other business lines.
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- June 11 2021
Cambodia resilient as general insurance grows 10.5% in 2020: report
The highest increases were seen in property and medical insurance.
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- June 11 2021
Singapore P&C growth to defy lockdown
General insurance premiums were up by 4.3% in the first quarter of 2021.
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- June 11 2021
MLC Life taps QBE vet to head insurance claims down under
Andrew Beevors to become chief claims officer effective August 16.
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- June 11 2021
Australia underwriting agency 360 enters NZ acquiring TLC
The New Zealand insurance firm specialises in mobile plant, heavy machinery and forestry.
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- June 10 2021
Munich Re promotes William Man to HK, Taiwan life general manager
The chief actuary will combine his previous role with underwriting and business development.
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- June 10 2021
CPIC close to setting-up Hong Kong life arm—sources
IAN understands Simon Lam has joined from Munich Re to aid the launch.
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- June 10 2021
Global brokers need to address the ‘Asia gap’
Only 18 of the world’s top 150 commercial P&C brokers are headquartered in the region.
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- June 10 2021
Insurtech wefox targets Asia’s ‘high expectations’: CEO says
CEO tells IAN the region is an "obvious" choice for growth.
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- June 9 2021
Aon FSPG director to leave Hong Kong business—sources
IAN understands from several senior market sources that Ling Yu has handed in her resignation.
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- June 9 2021
Asia’s emerging risks drive interest in captives
Some in the region are looking for alternatives to traditional insurance.
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- June 9 2021
HK’s Sart Underwriting rebrands as specialty players eye Asia growth
The MGA and Lloyd's coverholder has this week rebranded as Hawkes Bay Underwriting.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
