Country: Asia Pacific Page 266 / 517
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- September 2 2021
Australia’s Open raises US$23m amid overseas push
The Sydney-based insurtech plans to launch in New Zealand and the UK by mid-2022.
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- September 2 2021
South Korea’s P&C profits under pressure as social distancing eases
Non-life income has increased by 47.5% in H1 2021 but higher loss ratios are forecast.
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- September 1 2021
Taishan P&C investments help neutralise underwriting losses
The insurer's non-motor book, excluding agriculture, posted a combined ratio of 114% last year.
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- September 1 2021
HKIA signs fintech MoUs with China and Macau
The agreement is part of a wider integration push across the Greater Bay Area promoting financial connectivity.
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- September 1 2021
South-East Asia’s reinsurers face underwriting challenge
Certain claims are down but pricing remains insufficient to improve profitability.
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- September 1 2021
Fubon P&C sees over 30% decline in premiums in H1 2021
Plans to grow the firm's non-motor reinsurance business in China faces intense competition, AM Best says.
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- September 1 2021
Lloyd’s Asia eyes ESG, tech improvements: webinar
New underwriting guidelines on coal and oil sands come alongside an increased focus on digital claims.
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- August 31 2021
New Zealand regulator seeks feedback on policyholder protection
Stakeholders will have until November 15 to submit their views on policyholder protection.
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- August 31 2021
Hong Kong’s H1 GWP falls 2.2% to US$39.5bn
HKIA says general insurance underwriting profits improved from US$80m to US$102m in the first half of the year.
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- August 31 2021
Vietnam’s life market sees H1 new business rise 48.5%: report
Total premiums for country's life sector are estimated at around US$3.2bn.
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- August 31 2021
Australia’s P&C market shows signs of recovery
General insurance market posts A$750m profit for June quarter as opposed to A$12m in the previous three months.
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- August 31 2021
Philippines premiums up double-digits in Q1: report
Life market as well as engineering, casualty and health premiums showed significant growth.
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- August 31 2021
China’s insurers struggle for growth amid Covid, new regulations
Renewals to take on added importance as new business faces challenging environment.
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- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
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- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
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- August 30 2021
India’s second wave causes health premium surge
Bajaj Allianz booked a 480% increase — but claims are also sky-rocketing.
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- August 30 2021
Asia’s life market sees new business fall 19.2% in 2020
Hong Kong saw the highest decline with a 56% drop while Indonesia was next on the list at 32%.
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- August 30 2021
Swiss Re CorSo’s former North Asia property head resigns
IAN understands that Vivian Zee is leaving next month while Gracie Qin is relocating to Hong Kong.
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- August 27 2021
Ping An’s net profit down 15.5% after China Fortune hit
The Chinese insurance giant promises to strengthen risk management after developer default impacts results.
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- August 27 2021
Aon appoints APAC reinsurance CEO and president
George Attard and Jeremy Goodman have been handed the roles amid a leadership reshuffle.
