Country: Asia Pacific Page 264 / 491
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- March 18 2021
Tower turns corner on Canterbury quake
New Zealand’s Reserve Bank halves the insurer's minimum solvency level to US$18m.
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- March 18 2021
Singapore’s 2020 P&C underwriting profit hits US$177m
GIA data shows specialty lines fell to a US$20m loss although GWP was up 10% to US$590m.
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- March 18 2021
Hong Kong’s digital insurers need ‘time’ amid mixed results
Insurance Authority data for 2020 shows some large gaps between premiums and expenses.
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- March 18 2021
Japan 1.4 wind hikes to top 7.5%: sources
IAN understands earthquake renewal rates are also set to climb by up to 5%.
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- March 17 2021
China’s January GWP exceeds US$150bn
CBIRC data shows a strong start to the year with health insurance premiums up 28%.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 17 2021
Bitcoin mining cover needs ‘realistic’ pricing
As policy requests grow, expert tells IAN the risk exceeds traditional data centres.
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- March 16 2021
Australia’s second BI test case moves ahead
Allianz, IAG, Chubb, Guild and Swiss Re face off in Federal Court against nine small businesses.
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- March 16 2021
AIG Korea appoints Ramzi Toubassy as new CEO
The Malaysia-based AmMetLife head is set to replace the retiring Douglas Min on April 1.
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- March 16 2021
Hong Kong’s general sales rebound amid ongoing life slump
Experts tell IAN the local market is far too dependent on mainland customers.
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- March 15 2021
CBA general insurance sale heats up with Tokio Marine entry: report
A CommInsure sale could generate US$730m as April bid deadline looms.
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- March 15 2021
Ted Wai to leave FWD in Hong Kong: sources
IAN understands the general insurance head — in situ since 2013 — decided to leave last week.
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- March 15 2021
Q&A: Swiss Re Corp. Solutions’ Alex Pui talks sustainability
The Tokyo-based climate expert tells IAN that Asia is disproportionality vulnerable to secondary perils.
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- March 15 2021
Asia-Pacific 2020 review
Data from around the region shows insurers have had mixed responses to a tough year.
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- March 12 2021
Japan earthquake protection gap remains high: Swiss Re
A decade on from the Great East Japan Earthquake, many businesses still lack coverage.
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- March 12 2021
AIA sees 2021 momentum after challenging year
A Hong Kong-based broker tells IAN that business is 'returning to normal' after the 2020 downturn.
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- March 12 2021
Hannover Re Asia GWP grows 24% to US$2.5bn
German reinsurer says 2020 was a “very good” year for South-East Asia.
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- March 12 2021
Asia’s growing cities alter risk landscape
Urbanisation presents unprecedented risks — and opportunities — for insurers.
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- March 11 2021
APRA: No tolerance for further Allianz Australia shortcomings
Insurer and regulator agree to finalise a risk and compliance transition plan by March 19.
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- March 11 2021
Insurtech Profile: Igloo
Company founder and CEO Wei Zhu tells IAN the cloud-based micro-insurer is eyeing an acquisition in one of its existing markets.