Country: Asia Pacific Page 262 / 491
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- April 6 2021
Insurtech Profile: Coherent
The HK-based firm is looking to expand and is building a new team in Japan this year.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
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- April 5 2021
Guy Carpenter launches APAC capital advisory unit
The reinsurance specialist appoints Michael Owen and Hussain Ahmad to lead the new business unit.
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- April 5 2021
India sees ‘moderate’ 1.4 property hikes
Willis Re report notes “lower catastrophe activity” despite some hard-hitting cyclones last year.
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- April 2 2021
Ever Given: uncertainty reigns over losses
Legal disputes could be at the heart of any claims payout.
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- April 1 2021
Japan insurers cut exposure to Lloyd’s
Tokio Marine and Sompo syndicates report Covid-19 losses and declines in GWP.
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- April 1 2021
Environmental liability insurance creating opportunities: Fitch
ESG considerations for Asian (re)insurers are creating an underwriting priority reset.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- April 1 2021
Secondary perils on increase in APAC: Swiss Re
The reinsurer's chief economist warns that climate change has no "expiry date" in the group's latest Sigma report.
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- March 31 2021
Philippines insurtech targets SE Asia after aggregator launch
Kwik.insure founder tells IAN it is eyeing Vietnam following local tie-up with 15 insurers.
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- March 31 2021
Peak Re’s profit climbs to US$90.8m in 2020
GWP was up 18.2% with the reinsurer well immunised from Covid-19 shocks.
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- March 30 2021
Malaysia P&C underwriting margins to come under pressure
AM Best sees an increased digitalisation of the market and 'good' profitability in the medium-term.
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- March 30 2021
South Korea’s Kyobo Life appoints three co-CEOs
Pyun Jung-beom to lead digital transformation alongside Shin Chang-jae and Yoon Yeol-hyun.
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- March 30 2021
Hong Kong’s GWS framework comes into effect
Regulator's chief executive hopes the move will attract more big players.
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- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
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- March 29 2021
Sedgwick appoints Asia forensic advisory head
Linda Sim, a senior manager at the loss adjuster since 2017, takes on the role.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 29 2021
The cost of Singapore’s circuit breaker
While the P&C market booked big profits, IAN analysis shows a wide variety of outcomes across different business lines.
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- March 29 2021
IAG pegs recent flood losses at US$153m
NSW and Queensland see 25,000 claims so far according to the Insurance Council of Australia.